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.
On Wednesday, the US dollar exhibited a decline in the interbank foreign exchange market during early trading. The exchange rate for the greenback in the foreign currency market stood at Rs138.25 in the initial hours of trading.
(more…)KARACHI: The Pakistani Rupee experienced a marginal decline of five paisas against the US Dollar on Monday, attributed to heightened demand for import and corporate payments.
(more…)The Pakistani Rupee witnessed a marginal depreciation of seven paisas against the US Dollar in early trade on Monday.
(more…)KARACHI – The Pakistani Rupee held steady against the US Dollar in the open market on Saturday, maintaining its position at Rs138.50/Rs139.00.
(more…)The Pakistani Rupee witnessed a marginal decline of two paisas against the US Dollar in early trade on Friday, settling at Rs138.25 in the interbank foreign exchange market.
(more…)
Karachi, January 31, 2019 – The State Bank of Pakistan (SBP) declared on Thursday that its offices across the country will remain closed on February 5, 2019, in observance of Kashmir Solidarity Day.
(more…)KARACHI – The US dollar experienced a decline of 35 paisas against the Pakistani Rupee in the Interbank Foreign Exchange Market on Thursday.
(more…)KARACHI – The Pakistani Rupee exhibited significant strength in mid-day trading on Thursday, gaining 42 paisas against the US Dollar.
(more…)KARACHI: The Pakistani Rupee (PKR) has experienced a sharp strengthening of 22 paisas against the US Dollar in early trade on Thursday.
(more…)