Rupee ends firmer against dollar

KARACHI: The Pak Rupee ended firmer against the dollar on Thursday as inflows were sufficient to meet the demand for import and corporate payments. The rupee ended Rs159.26 to the dollar from... Read more »

Rupee makes another gain of 82 paisas against dollar

KARACHI: The Pak Rupee gained another 82 paisas against dollar on Wednesday owing to ease in demand for import payment and improved economic indicators. The rupee ended Rs159.27 to the dollar from... Read more »

Mohtasib receives 11,174 complaints against banks during six months

KARACHI: Around 11,174 complaints have been filed against commercial banks during first half of current calendar year, said a report issued by Banking Mohtasib (Ombudsman) Pakistan. The office of banking ombudsman in... Read more »

Rupee recovers 96 paisas against dollar

KARACHI: The Pak Rupee recovered 96 paisas against the dollar on Tuesday following the central bank kept the policy rate unchanged and lower demand of the foreign currency from importers. The rupee... Read more »

Dollar advances to Rs161.05

KARACHI: The US dollar gained 32 paisas against Pak Rupee on Monday owing to higher demand for import and corporate payments. The exchange rate was settled at Rs161.05 to the dollar from... Read more »

SBP keeps key policy rate unchanged at 7 percent

KARACHI: The monetary policy committee of the State Bank of Pakistan has decided to keep the key policy rate unchanged at 7 percent for next two months. In an announcement on Monday,... Read more »

SBP announces incentives for banks to finance low cost housing

KARACHI: The State Bank of Pakistan (SBP) on Friday amended regulations to incentivize banks for financing low cost and affordable housing. A statement said that the central bank is constantly providing enabling... Read more »

Rupee ends down by 11 paisas on foreign payment demand

KARACHI: The Pak Rupee ended down by 11 paisas against the dollar on Friday owing to demand of the foreign currency for import and corporate payments. The rupee ended Rs160.73 to the... Read more »

SBP to issue monetary policy statement on Nov 23

KARACHI: State Bank of Pakistan (SBP) will announce monetary policy for next two months on Monday November 23, 2020, a statement said on Thursday. The SBP said that the Monetary Policy Committee... Read more »

Rupee depreciates by 79 paisas amid CA surplus

KARACHI: The Pak Rupee depreciated by 79 paisas against the dollar on Thursday owing to rising demand for import and corporate payments. The rupee ended Rs160.62 to the dollar from the previous... Read more »