Tag: Interbank Foreign Exchange Market

Karachi, February 26, 2024 – The US Dollar witnessed a decline against the Pakistani Rupee (PKR) by 0.16 at the interbank closing on Monday, attributed to recent relaxations granted to exporters in the utilization of foreign exchange.

Karachi, February 25, 2024 – Anticipated to remain steady, the Pakistani Rupee (PKR) is poised for stability in the upcoming week commencing February 26, 2024.

Karachi, February 23, 2024 – The Pakistani Rupee (PKR) experienced a decline against the US dollar on Friday, slipping by PKR 0.03 in the interbank foreign exchange market.

Karachi, February 22, 2024 – In a welcome development for the Pakistani economy, the Pakistani Rupee (PKR) gained ground against the US dollar on Thursday, marking a rise of PKR 0.17.

Karachi, February 21, 2024 – In a positive turn of events, the Pakistani Rupee (PKR) demonstrated resilience on Wednesday by appreciating by PKR 0.07 against the US Dollar at the closing of the interbank foreign exchange market.

Karachi, February 20, 2024 – The Pakistani Rupee (PKR) experienced a decline of PKR 0.21 against the US dollar on Tuesday, reflecting demand pressure for foreign payments.

Karachi, February 19, 2024 – The Pakistani Rupee (PKR) concluded trading at a stable rate of PKR 279.36 against the US dollar in the interbank foreign exchange market on Monday.

Karachi, February 18, 2024 – The Pakistani Rupee (PKR) is expected to encounter increased pressure against the US dollar in the coming week, starting February 19, 2024, as the country grapples with heightened political turmoil.

Karachi, February 16, 2024 – The Pakistani Rupee (PKR) closed the week on a stable note, standing at PKR 279.36 against the US Dollar in the interbank foreign exchange market on Friday.

Karachi, February 15, 2024 – The Pakistani Rupee (PKR) experienced a dip to PKR 279.38 against the US dollar on Thursday, a decrease of PKR 0.06 from the previous day’s closing of PKR 279.32 in the interbank foreign exchange market.