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Tag: Pak Rupee

Pakistan Revenue is committed to providing accurate exchange rates in Pak Rupee for foreign currencies, helping readers stay informed about the fluctuating value of the Pak Rupee in the market.

  • Rupee continues losing streak against dollar

    Rupee continues losing streak against dollar

    KARACHI: The Pak Rupee continued losing streak on Friday amid higher demand for import and corporate payments.

    The rupee ends 31 paisas to close at Rs158.80 to the dollar from previous day’s closing of Rs158.49 in interbank foreign exchange market.

    The foreign exchange market was initiated in the range of Rs158.40 and Rs158.70. The market witnessed day high of Rs158.90 and low of Rs158.50 and ended at 158.80.

    Currency experts said that the rupee fell during the entire week despite inflows of $994 million from IMF two days ago.

    The exchange rate also witnessed depreciation of the rupee in the open market. The buying and selling of dollar was recorded at Rs158.70/Rs159.30 from previous day’s close of Rs158.50/Rs159.50 in cash ready market.

  • Rupee depreciates by 61 paisas in interbank

    Rupee depreciates by 61 paisas in interbank

    KARACHI: The Pak Rupee ended down by 61 paisas on Thursday owing to demand for import and corporate payments.

    The rupee closed at Rs158.49 to the dollar as compared with previous day’s closing of Rs157.88 in interbank foreign exchange market.

    The foreign currency market was initiated at Rs158.40 and Rs158.70 in interbank foreign exchange market.

    The market recorded day high of Rs158.60 and low of Rs158.20 and closed at Rs158.47.

    The exchange rate in open market also witnessed depreciation in rupee value. The buying and selling of dollar was recorded at Rs158.50/Rs159.50 from previous day’s closing of Rs157.50/Rs158.50 in cash ready market.

  • Rupee falls by 50 paisas despite IMF first tranche

    Rupee falls by 50 paisas despite IMF first tranche

    KARACHI: The Pak Rupee ended down by 50 paisas against dollar on Wednesday despite a tranche of $991.4 million received under IMF loan program.

    The rupee closed at Rs157.88 to the dollar from previous day’s closing of Rs157.38 in interbank foreign exchange market.

    The foreign currency market was initiated in the range of Rs157.45 and Rs157.65. The market recorded day high of Rs157.95 and low of Rs157.65 and closed at Rs157.88.

    The exchange rate in open market also witnessed depreciation in local unit.

    The buying and selling of the dollar was recorded at Rs157.50/Rs158.50 from previous day’s closing of Rs156.70/Rs157.70 in cash ready market.

  • Rupee ends down on import payment demand

    Rupee ends down on import payment demand

    KARACHI: The Pak Rupee ended down by six paisas against dollar on Tuesday due to higher demand for import and corporate payments.

    The rupee ended Rs157.38 to the dollar from previous day’s closing of Rs157.32 in interbank foreign exchange market.

    The foreign currency market was initiated in the range of Rs157.50 and Rs157.75 against the dollar. The market recorded day high of Rs157.70 and low of Rs157.35 in interbank foreign exchange market.

    The exchange rate in open market also witnessed depreciation in rupee value by 20 paisas.

    The buying and selling of dollar was recorded at Rs156.70/Rs157.70 from previous day’s closing of Rs156.50/Rs157.50 in cash ready market.

  • Rupee falls by 37 paisas against dollar

    Rupee falls by 37 paisas against dollar

    KARACHI: The Pak Rupee fell by 37 paisas against dollar on Monday owing to higher demand for import and corporate payments.

    The rupee ended Rs157.32 to the dollar from last Friday’s closing of Rs156.95 in interbank foreign exchange market.

    The foreign currency market was initiated in the range of Rs157.00 and Rs157.50. The market recorded day high of Rs157.75 and low of Rs157.25 in interbank foreign exchange market.

    The exchange rate in open market also witnessed depreciation in the local currency value,

    The buying and selling was recorded at Rs156.50/Rs157.50 from last Saturday’s closing of Rs156.00/Rs157.00 in cash ready market.

  • Rupee weakens by 20 paisas on higher import payment demand

    Rupee weakens by 20 paisas on higher import payment demand

    KARACHI: The Pak Rupee ended down by 20 paisas against dollar on Friday due to high demand for import and corporate payments.

    The rupee ended Rs156.95 to the dollar as compared with last day’s closing of Rs156.75 in nterbank foreign exchange market.

    During the week the local currency maintained recovery trend against the greenback after hitting all time low of Rs164.05 on June 27. However, the higher demand on last trading day of the week the rupee weakened.

    The foreign currency market was initiated in the range of Rs156.50/Rs157.00. The market recorded day high of Rs157.50 and low of Rs156.75 and closed at Rs156.95.

    The exchange rate in the open market witnessed stability in the local currency.

    The buying and selling of dollar was recorded at Rs156.00/Rs157.00 the same previous days closing in cash ready market.

  • Rupee continues recovery against dollar on fourth consecutive trading sessions

    Rupee continues recovery against dollar on fourth consecutive trading sessions

    KARACHI: The Pak Rupee continued its recovery against dollar on Thursday amid approval of IMF loan program for Pakistan.

    PublishJuly 4, 2019 6:10 pm

    The rupee gained another Rs1.08 to end at Rs156.57 the dollar as compared with previous day’s closing of Rs157.65 interbank foreign exchange market.

    The rupee made gains for the fourth consecutive trading sessions after hitting all time low of Rs164.06 in interbank market on June 27, 2019.

    The foreign currency market was initiated in the range of Rs155.50 and Rs156.50. The market witnessed day high of Rs157.00 and low of Rs156.00 in interbank foreign exchange market.

    The exchange rate also witnessed rupee appreciation in open market. The buying and selling of dollar was recorded at Rs156.00/Rs157.00 from previous day’s closing of Rs156.50/Rs157.50.

  • Rupee gains another 44 paisas against dollar

    Rupee gains another 44 paisas against dollar

    KARACHI: The Pak Rupee gained another 44 paisas against dollar on Wednesday amid hope of successful IMF loan program.

    The rupee ended at Rs157.62 to the dollar from previous day’s close of Rs158.06 in interbank foreign exchange market.

    The rupee witnessed record low at Rs164.05 to the dollar on June 27. However, since then the local unit recovered Rs6.43 against the greenback on expected positive outcome of IMF board meeting on Pakistan loan program scheduled for today.

    The foreign currency market was initiated in the range of Rs158.25 and Rs158.75. The market recorded day high of Rs158.25 and low of Rs157.25 in interbank foreign exchange market.

    The exchange rate in open market was remained unchanged.

    The buying and selling of dollar was recorded at Rs156.50 / Rs157.50 the same previous day’s closing in cash ready market.

  • Rupee gains against dollar on positive IMF deal expectations

    Rupee gains against dollar on positive IMF deal expectations

    KARACHI: The Pak Rupee gained Rs1.99 against dollar on Tuesday owing to hopes of positive outcome of IMF board meeting on Pakistan loan program.

    The rupee ended Rs158.06 to the dollar from the closing of last trading day on June 28, 2019 at Rs160.05 in interbank foreign exchange market.

    The foreign currency market was initiated at Rs159.50 and Rs160.50. The market recorded day high of Rs159.75 and low of Rs157.50 and closed at Rs158.06.

    The exchange rate in open market also witnessed appreciation in value of the local unit.

    The buying and selling of dollar recorded at Rs156.50/Rs157.50 from last Saturday’s closing of Rs159.50/Rs161.00 in cash ready market.

  • Rupee recovers on last trading day of fiscal year

    Rupee recovers on last trading day of fiscal year

    KARACHI: The Pak Rupee ended with gain to Rs160.05 on the last day of the fiscal year at to the dollar on Friday owing to inflows of exports and workers remittances besides ease in payment for imports.

    The rupee gained Rs4.01 to end at Rs160.05 to the dollar in interbank foreign exchange market as against previous day’s all time low of Rs164.06.

    The foreign currency market was initiated in the range of Rs162.00 and Rs162.50. The market recorded day high of Rs163.80 and low of Rs160.00 and closed at Rs160.05.

    Currency experts said that the ending of Pak Rupee at Rs160.05 would increase the overall debt as the government had estimated the budget 2019/2020 at the higher rupee value.

    The exchange rate in open market also witnessed appreciation in the local unit.

    The buying and selling of dollar was recorded at Rs159.50/Rs161.00 as compared with previous day’s closing of Rs162.50/Rs163.50 in cash ready market.