KARACHI: Pakistani Rupee (PKR) has plunged by Rs9.43 against the US dollar since the country received tranche from the International Monetary Fund (IMF). The country received a tranche of $1.16 billion from the IMF under Extended Fund (EFF) loan program on August 31, 2022. The fund transfer was made possible after the IMF Executive Board […]

KARACHI: The Pakistani Rupee (PKR) weakened for the sixth straight day as the US dollar ended PKR 228.18 closing of interbank foreign exchange market on Friday. The exchange rate recorded a decline of Rs2.76 in rupee value to end at Rs228.18 to the dollar from previous day’s closing of Rs225.42 in the interbank foreign exchange […]

KARACHI: Pakistani Rupee (PKR) continued to weaken against the dollar and lost Rs2 on Thursday to end the exchange rate at Rs225.42 in interbank foreign exchange market. The exchange rate recorded a depreciation of Rs2 to Rs225.42 in rupee value against the dollar from previous day’s closing of Rs223.42 in the interbank foreign exchange market. […]

KARACHI: The US dollar maintained upward momentum against the Pakistani Rupee (PKR) on Wednesday and ended at PKR 223.42 at interbank foreign exchange market. The exchange rate recorded a decline of Rs2 in rupee value to end at Rs223.42 against the dollar from previous day’s closing of Rs221.42 in the interbank foreign exchange market. READ […]