Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.
The Pakistani Rupee exhibited strength against the US Dollar on Friday, gaining five paisas in the interbank foreign exchange market, with the exchange rate closing at Rs138.84 to the dollar.
(more…)The Pakistani Rupee made gains of two paisas against the US Dollar in early trade on Friday. This adjustment in the exchange rate was driven by a lower demand for import payments.
(more…)The Pakistani Rupee showed resilience on Thursday by gaining two paisas against the US dollar, as reported by dealers. This slight yet significant improvement comes in the wake of some inflows from remittances and exports, brightening the outlook for the national currency.
(more…)KARACHI: In a development that signals positivity for the Pakistani economy, the Pakistani Rupee has shown resilience by gaining one paisa against the US dollar in early trading today, as reported by dealers on Thursday.
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The State Bank of Pakistan (SBP) allows reimbursement charges to cover donations and contributions made by overseas Pakistanis for the ‘Prime Minister and Chief Justice of Pakistan Fund for Diamer Bhasha and Mohmand Dam.’
(more…)The Pakistani Rupee experienced a slight decline of one paisa against the US Dollar in a range-bound foreign currency market on Wednesday.
(more…)In a positive development for Pakistan’s financial landscape, the Pakistani Rupee (PKR) showed resilience and ended with a gain of four paisas against the US Dollar in the interbank foreign exchange market on Tuesday.
(more…)KARACHI – The Pakistani Rupee demonstrated resilience in the early trade on Tuesday as it gained three paisas against the US Dollar in the interbank foreign exchange market.
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KARACHI – The State Bank of Pakistan (SBP) announced on Monday the launch of a comprehensive mass media campaign to raise awareness and promote the National Financial Literacy Program (NFLP), which aims to enhance financial education and empower individuals across the country.
(more…)The Pakistani Rupee (PKR) saw a minor depreciation of eight paisas against the US Dollar (USD) on Monday, primarily due to heightened demand for the greenback, driven by import and corporate payments.
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