Karachi, January 21, 2024 – The International Monetary Fund (IMF) has advised Pakistan to exercise caution and avoid imposing restrictions on foreign exchange, emphasizing the importance of supporting a return to a market-determined exchange rate.
(more…)Tag: Interank Foreign Exchange Market
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PKR Gains 90 Paisas Against US Dollar: Ninth Consecutive Gain
The Pakistani Rupee (PKR) has been on a winning streak against the US Dollar, marking its ninth consecutive session of gains.
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Pakistani Rupee Avoids Falling Below 300 Mark but Hits Fresh Historic Low Against US Dollar
Karachi, August 23, 2023 – The Pakistani Rupee (PKR) managed to stay above the 300-mark against the US dollar at the closing of the interbank foreign exchange market on Wednesday.
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Rupee weakens by 64 paisas against dollar
KARACHI: The Pakistani Rupee faced depreciation of 64 paisas against the US Dollar on Friday, driven by increased demand for foreign currency to settle import payments as the trading week came to a close.
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