Tag: Interbank Foreign Exchange Market

Karachi, August 30, 2023 – The Pakistani Rupee (PKR) continues its freefall against the US dollar, hitting a new low at PKR 304.45 on Wednesday.

Karachi, August 29, 2023 – The Pakistani Rupee (PKR) has continued its relentless decline against the US dollar for the eighth consecutive day, setting a new all-time low at PKR 303.05 in the interbank foreign exchange market.

Karachi, August 28, 2023 – In a concerning development for Pakistan’s economy, the US dollar soared to a historic high of PKR 302 at the close of the interbank foreign exchange market on Monday, August 28.

Karachi, August 28, 2023 – The Pakistani Rupee (PKR) experienced a new intraday low against the US dollar on Monday, reaching PKR 301.75 during trading.

Karachi, August 25, 2023 – The Pakistani Rupee (PKR) hit an unprecedented low on Friday, closing at PKR 301 against the US dollar in the interbank foreign exchange market. This significant drop marks a 78 paisa depreciation in the rupee’s value compared to the previous day’s closing rate of PKR 300.22.

Karachi, August 25, 2023 – The Pakistani Rupee (PKR) continued its downward spiral on Friday, making a fresh historic low against the US dollar.

Karachi, August 24, 2023 – The US dollar achieved a historic milestone on Thursday, breaching the PKR 300-mark for the first time in Pakistan’s history at the close of the Interbank foreign exchange market.

Karachi, August 23, 2023 – In a startling development, the US dollar has nearly reached the unprecedented level of Pakistani Rupees (PKR) 300 during intraday trading at the interbank foreign exchange market on Wednesday.

Karachi, August 22, 2023 – The Pakistani Rupee (PKR) has hit a historic low, closing at PKR 299.01 against the US dollar in the interbank foreign exchange market on Tuesday.