Karachi, June 30, 2024 – The Pakistani rupee is expected to remain stable in the upcoming week starting July 1, buoyed by positive sentiment following the passage of a tax-heavy budget by Pakistan’s parliament ahead of crucial discussions with the International Monetary Fund (IMF) for a new loan, currency dealers reported.

Karachi, June 27, 2024 – The Pakistani Rupee recorded a modest gain of two paisas on Thursday, reaching PKR 278.38 against the dollar in the interbank foreign exchange market.

Karachi, June 26, 2024 – The Pakistani Rupee displayed some resilience on Wednesday, gaining 10 paisas to close at PKR 278.40 against the US dollar in the interbank foreign exchange market. This marks a slight improvement compared to Monday’s closing rate of PKR 278.50.

Karachi, June 25, 2024 – The Pakistani Rupee showed a modest recovery on Tuesday, gaining 12 paisas against the US dollar in the interbank foreign exchange market. At the close of trading, the rupee stood at PKR 278.50 to the dollar, improving from the previous day’s closing of PKR 278.62.

Karachi, June 24, 2024 – The Pakistani Rupee experienced a depreciation of 11 paisas against the US dollar on Monday, driven by heightened demand for foreign currency to meet import and corporate payment obligations.

The Pakistani rupee is expected to remain resilient against the US dollar in the upcoming week starting June 24, 2024, despite higher demand for dollars due to import and corporate payments.