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.
In a positive turn of events for the Pakistani economy, the Pak Rupee gained three paisas against the US dollar in the interbank market during early trading on Monday.
(more…)KARACHI – In a positive development for the Pakistani economy, the Pakistani Rupee gained 20 paisas against the US Dollar in the open market on Saturday.
(more…)Rupee has ended with a gain of 11 paisas against the dollar on Friday amid foreign inflows received from Saudi Arabia and United Arab Emirates (UAE).
(more…)Rupee has gained 15 paisas against the dollar in midday trading on Friday owing to inflows of $2 billion received by Pakistan.
(more…)Rupee eases in early trade against the dollar on Friday owing to rising demand for import and corporate demand.
(more…)Pakistani Rupee has strengthens against the dollar on Thursday owing to reform package announcement by the government.
(more…)Karachi: The Pakistani Rupee (PKR) exhibited stability in the interbank foreign exchange market on Wednesday, maintaining its previous day’s closing level against the US Dollar (USD).
(more…)Karachi: The Pakistani Rupee (PKR) exhibited resilience in the early hours of trading on Wednesday, gaining five paisas against the US Dollar (USD) in the wake of an eagerly anticipated economic incentive package set to be announced later today.
(more…)KARACHI – The Pakistani Rupee witnessed a 10-paisa decline against the US Dollar on Tuesday, primarily driven by surging demand for imports and contract payments.
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KARACHI – Bank deposits from salaried individuals have seen a substantial increase of 17.26 percent, reaching an impressive sum of Rs1,569 billion by December 31, 2018, as compared to Rs1,338 billion during the same period the previous year.
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