Tag: Interbank Foreign Exchange Market

After going through very volatile sessions due to political unrest, the Pakistani Rupee (PKR) is likely to stay stable against the dollar during the next week starting May 15, 2023.

The Pakistani Rupee (PKR) experienced a momentous rebound on Friday, recording a historic single-day recovery of PKR 13.85 against the dollar in the interbank foreign exchange market’s closing rates.

In early trade, the Pakistani Rupee (PKR) achieved a historic recovery against the dollar, strengthening by 13.93 and trading at PKR 285 in the interbank foreign exchange market.

The Pakistani Rupee (PKR) on Thursday experienced another day of significant depreciation against the US dollar, hitting a record low at PKR 298.93 in the interbank foreign exchange market.

The Pakistani Rupee (PKR) on Thursday hit a historic low against US Dollar for second consecutive day. The PKR depreciated to PKR 295 against dollar during the midday trading in interbank foreign exchange market.

The Pakistani Rupee (PKR) Wednesday hit a historic low against the US dollar, reaching PKR 290.22 at the closing of the interbank foreign exchange market. This depreciation follows the previous record low of PKR 288.43, observed in April.

In a significant blow to Pakistan’s economy, the Pakistani Rupee (PKR) plunged to a historic low against the US dollar, reaching PKR 290 during intraday trading at the interbank foreign exchange market on Wednesday. This depreciation follows the previous record low of PKR 288.43, which occurred in April.

In a significant blow to Pakistan’s economy, the Pakistani Rupee (PKR) experienced a historic low against the dollar, reaching PKR 288.50 during midday trading at the interbank foreign exchange market on Wednesday, May 10, 2023. This plunge follows the previous record low of PKR 288.43, which occurred during the interbank foreign exchange closing on April 11, 2023.