Tag: Exchange Rate

KARACHI: The Pak Rupee ended flat against dollar on Tuesday amid higher demand for import and corporate demand.

The rupee ended Rs138.82 to the dollar from previous day’s close of Rs138.82 in interbank foreign exchange market.

The interbank foreign exchange market was initiated in the range of Rs138.80 and Rs138.85.

The market recorded day high of Rs138.90 and low of Rs138.82 and closed at Rs138.82.

Currency experts said that the scheduled repayment of foreign loans had pressure on the local currency. However, they said that expected inflows of $4.1 billion during next few days would help the local currency to gain values.

The exchange rates in the open market were also flat.

The buying and selling of dollar was recorded at Rs138.30/Rs138.80 from previous day’s closing of Rs138.30/Rs138.70 in cash ready market.

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Rupee falls by 26 paisas against dollar

The Pakistani Rupee experienced a depreciation of 26 paisas against the US Dollar, closing at Rs138.81 in the interbank foreign exchange market. This decline comes after last Friday’s closing of Rs138.55, reflecting heightened demand for dollars driven by import and corporate payment obligations.

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KARACHI: The Pak Rupee gained nine paisas against dollar on Friday owing to inflows of remittances and export receipts.

The rupee ended Rs138.55 to the dollar from previous day’s close of Rs138.64 in interbank foreign exchange market.

The interbank foreign exchange market was initiated in the range of Rs138.60 and Rs138.65.

The market recorded day high of Rs138.65 and low of Rs138.52 and closed at Rs138.55.

In the open market the exchange rate was remained unchanged.

The buying and selling of dollar was recorded Rs138.50/Rs139.00, the same previous day level, in the cash ready market.

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Rupee gains 20 paisas against dollar

KARACHI: The Pak Rupee gained 20 paisas against dollar on Thursday owing to inflows of remittances and export receipts.

The rupee ended Rs138.64 to the dollar from previous day’s close of Rs138.84 in interbank foreign exchange market.

The interbank foreign exchange market was initiated in the range of Rs138.70 and Rs138.75.

The market recorded day high of Rs138.77 and low of Rs138.63 and closed at Rs138.64.

In the open market the exchange rate was remained unchanged.

The buying and selling of dollar was recorded Rs138.50/Rs139.00, the same previous day level, in the cash ready market.

ISLAMABAD: The Pak Rupee ended down by 11 paisas against dollar in interbank foreign exchange market owing to high demand for import and corporate payments. (more…)

KARACHI: The Pak Rupee ended down by 5 paisas against dollar on Tuesday owing to demand for import and corporate payments.

The foreign currency market ended at Rs138.73 to the dollar as compared with last Friday’s closing of Rs138.68.

The foreign exchange market was initiated in the range of Rs138.75 and Rs138.80. The market recorded a high of Rs138.80 and low of Rs138.68 and closed at Rs138.73.

Currency experts said that the market opened after two weekly holidays and the demand was higher for import and corporate payments.

The local currency however ended in the open market.

Buying and selling of dollar was recorded at Rs138.50/Rs139.00, the same previous day’s level, in cash ready market.

KARACHI: The Pak Rupee depreciated by 12 paisas against the US dollar in early trade on Tuesday owing to high demand for import and corporate payment.

The dollar is being traded at Rs138.80 in interbank foreign exchange market. The exchange rate was ended a day earlier at Rs138.68 in the foreign exchange market.

Currency dealer said that due to higher demand of dollar for import and corporate payment the rupee was witnessing decline.

KARACHI: The Pak Rupee ended down by 15 paisas against dollar on Monday owing to demand for import and corporate payments.

The foreign currency market ended at Rs138.68 to the dollar as compared with last Friday’s closing of Rs138.53.

The interbank foreign exchange market was initiated in the range of Rs138.70 and Rs138.85. The market recorded day high of Rs138.95 and low of Rs138.65 and closed at Rs138.68.

Currency experts said that the market opened after two weekly holidays and the demand was higher for import and corporate payments.

The local currency however gained in the open market.

Buying and selling of dollar was recorded at Rs138.50/Rs139.00 from last Saturday’s closing of Rs138.70/Rs139.20 in cash ready market.

KARACHI: The Pak Rupee has lost 12 paisas against the US dollar in early trade on Monday owing to demand for import and corporate payments.

The dollar is being traded at Rs138.65 in foreign currency market.

The exchange rate was ended at Rs138.53 to the dollar in interbank foreign exchange market.

Currency experts said that market was opened after two weekly holidays, which increased dollar demand for import and corporate payments.