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Tag: Interbank Foriegn Exchange Market

Pakistan Rupee

Rupee Strengthens to Reach PKR 279.98 Against Dollar

January 18, 2024January 18, 2024Faisal Shahnawaz

Karachi, January 18, 2024 – The Pakistani Rupee (PKR) demonstrated its resilience in the interbank foreign exchange market on Thursday, reaching PKR 279.98 against the US dollar.

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Rupee Dollar rates

Rupee Strengthens to PKR 282.90 to Dollar on December 20, 2023

December 20, 2023December 20, 2023Faisal Shahnawaz

Karachi, December 19, 2023 – The Pakistani Rupee (PKR) continued its upward trend against the US dollar on Wednesday, closing at PKR 282.90 in the interbank foreign exchange market.

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Rupee Dollar rates

Rupee Strengthens Against Dollar, Closes at PKR 285.97

November 20, 2023November 20, 2023Faisal Shahnawaz

Karachi, November 20, 2023 – The Pakistani Rupee (PKR) showcased resilience on Monday, gaining 56 paisas against the US dollar, closing at PKR 285.97 in the interbank foreign exchange market.

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Rupee Dollar rates

Rupee Anticipates Increased Pressure Against Dollar Next Week Starting November 13

November 12, 2023November 12, 2023Faisal Shahnawaz

KARACHI, November 12, 2023: The Pakistani Rupee (PKR) is anticipated to remain under pressure against the US dollar in the coming week as talks with the International Monetary Fund (IMF) persist.

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Rupee Dollar rates

Pakistani Rupee Takes 14th Hit Against Dollar to End PKR 287.03

November 10, 2023November 10, 2023Faisal Shahnawaz

Karachi, November 10, 2023 – The Pakistani Rupee (PKR) continued its downward trend for the 14th consecutive session against the US dollar, closing at PKR 287.03 on Friday.

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Pakistan Rupee

Rupee ends 4-day losing streak against dollar

April 22, 2022April 22, 2022Faisal Shahnawaz

KARACHI: The Pak Rupee (PKR) ended four-day losing streak against the dollar on Friday and recovered 27 paisas in the interbank foreign exchange market. The rupee ended Rs186.70 to the dollar from the previous day’s closing of Rs186.97 in the interbank foreign exchange market. READ MORE: Dollar ends near PKR 187 in interbank market Currency […]

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Pakistan Rupee

Rupee depreciates by 19 paisas against dollar

July 6, 2021July 6, 2021Mrs. Anjum Shahnawaz

KARACHI: The Pak Rupee depreciated by 19 paisas against the dollar on Tuesday owing to higher demand for import payments, dealers said. The rupee ended at Rs158.37 to the dollar from the previous day’s closing of Rs158.18 in the interbank foreign exchange market. The dealers said that payment demand for import had witnessed an increase […]

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Pakistan Rupee

Rupee makes 62 paisas recovery against dollar

April 28, 2021April 28, 2021Mrs. Anjum Shahnawaz

KARACHI: The Pak Rupee made a recovery of 62 paisas against the dollar on Wednesday after depreciating the value for seven consecutive trading sessions. The rupee ended Rs153.88 to the dollar from previous day’s closing of Rs154.50 in the interbank foreign exchange market. The latest recovery in the local unit was seen after a continuous […]

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Pakistan Rupee

Rupee weakens by five paisas against dollar

March 20, 2019January 1, 2024Faisal Shahnawaz

The Pakistani Rupee faced a slight depreciation of five paisas against the US Dollar on Wednesday, attributed to increased demand for import and corporate payments.

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  • Pakistan abolishes 18% sales tax on shipping industry
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