Karachi, October 9, 2024 – The Pakistani rupee extended its losing streak for a third consecutive session against the US dollar on Wednesday, driven by a surge in demand for the foreign currency to meet import and corporate payment obligations.
(more…)Author: Faisal Shahnawaz
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KSE-100 Index Sees Volatile Trading After Crossing 86K Points
Karachi, October 9, 2024 – The Pakistan Stock Exchange (PSX) experienced a turbulent trading session on Wednesday, with the KSE-100 index crossing the significant 86,000-point mark in early trade but closing the day with a modest gain of just 5 points.
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SBP Issues Foreign Exchange Rates for October 9, 2024
Today, October 9, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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Australia Women Outclass NZ Women in T20 World Cup Victory
Australia women cricket team solidified their dominance in the ICC T20 World Cup with a comprehensive 60-run victory over New Zealand, marking their second straight win in Group A. The six-time champions showcased their class in all departments of the game, setting a challenging target and dismantling New Zealand’s chase to top the group standings.
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Bitcoin (BTC) Price Today – October 9, 2024
On October 9, 2024, the latest exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Ripple (XRP) Price Today – October 9, 2024
On October 9, 2024 the latest exchange rates of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Dogecoin (DOGE) Price Today – October 9, 2024
On October 9, 2024, the latest exchange rates of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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England Recover After Early Blow, Pakistan Dominate Day Two
Multan, October 8, 2024 – England Zak Crawley and Joe Root mounted a strong recovery after the early departure of skipper Ollie Pope, reaching 96/1 at the close of day two in the first Test against Pakistan at the Multan Cricket Stadium. With England trailing by 460 runs, Crawley and Root combined to resist Pakistan’s bowling attack and stabilize their innings.
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KIBOR – Karachi Interbank Offered Rates on October 8, 2024
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Tuesday, October 8, 2024, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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Rupee Dips to PKR 277.67 Against Dollar Amid Import Pressure
Karachi, October 8, 2024 – The Pakistani rupee continued its downward trend, slipping slightly to PKR 277.67 against the US dollar by the close of the interbank foreign exchange market on Tuesday. This depreciation marked a minor decline of 3 paisas from the previous day’s closing rate of PKR 277.64.
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