Tag: Interbank Foreign Exchange Market

Karachi, March 22, 2024 – In a notable development, the US dollar weakened against the Pakistani Rupee, closing at PKR 278.14 in the interbank foreign exchange market on Friday.

Karachi, March 21, 2024 – The Pakistani Rupee maintained its stability against the US dollar, closing at PKR 278.40 in the interbank foreign exchange market on Thursday.

Karachi, March 20, 2024 – The Pakistani Rupee displayed resilience on Wednesday, strengthening by PKR 0.23 against the US dollar, buoyed by the revelation of a current account surplus in February 2024.

Karachi, March 19, 2024 – The Pakistani Rupee closed firmer against the US Dollar at PKR 278.64 in the interbank foreign exchange market today, marking a marginal gain compared to the previous day’s closing of PKR 278.63.

Karachi, March 18, 2024 – The Pakistani Rupee demonstrated resilience on Monday as it appreciated by PKR 0.11 against the US Dollar in the interbank foreign exchange market.

In the wake of ongoing negotiations with the International Monetary Fund (IMF), analysts predict the Pakistani Rupee (PKR) to maintain its stability against the US Dollar in the upcoming week, commencing from March 18.