Rupee closes near 284 against dollar in interbank market
Karachi, July 2, 2025 – The Pakistani rupee came under renewed pressure on Wednesday, closing at PKR 283.95 against the US dollar in the interbank foreign exchange market.
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Karachi, July 2, 2025 – The Pakistani rupee came under renewed pressure on Wednesday, closing at PKR 283.95 against the US dollar in the interbank foreign exchange market.
Continue ReadingKarachi, July 2, 2025 – The Central Directorate of National Savings (CDNS) has announced a sharp reduction in profit rates across a wide range of saving schemes.
Continue ReadingKarachi, July 1, 2025 – In a major policy shift, the State Bank of Pakistan (SBP) has announced the discontinuation of existing marketing and promotion schemes related to home remittances, effective from July 1, 2025.
Continue ReadingKarachi, July 1, 2025 – The State Bank of Pakistan (SBP) has officially announced bank holidays across the country in observance of Muharram 2025, marking the sacred days of Ashura.
Continue ReadingKarachi, June 30, 2025 – The Pakistani rupee ended the fiscal year 2024–25 on a stable note, closing at PKR 283.76 against the US dollar in the interbank foreign exchange market on Monday.
Continue ReadingKarachi, June 29, 2025 – The Pakistani rupee is expected to begin the new fiscal year 2025–26 on a stronger note against the dollar, supported by healthy foreign inflows and a more stable external economic environment.
Continue ReadingKarachi, June 27, 2025 — The Pakistani rupee recorded a slight dip against the US dollar on Friday as increased demand for the greenback emerged due to year-end import and corporate settlement requirements.
Continue ReadingKarachi, June 27, 2025 — The State Bank of Pakistan (SBP) has released a comprehensive banking schedule aimed at facilitating the collection of government duties and taxes at the end of the fiscal year 2024–25.
Continue ReadingKarachi, June 27, 2025 – The State Bank of Pakistan (SBP) has officially declared a bank holiday for Tuesday, July 1, 2025. This annual closure is part of the central bank’s traditional year-end financial closing operations.
Continue ReadingKarachi, June 26, 2025 – The Pakistani rupee continued its upward trajectory for the third consecutive day on Thursday, posting modest gains against the US dollar in the interbank market.
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