The Pakistani Rupee concluded Thursday’s trading session without significant changes against the US Dollar, maintaining a stable position despite initial gains.
(more…)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 gains 4 paisas in early trade on declining import bill
KARACHI: The Pak Rupee gained 4 paisas against dollar in early day trading on Thursday after the reports of significant fall in import bill in March 2019.
The dollar is being traded at Rs141.34 to the dollar in interbank foreign exchange market. The foreign currency market was ended at Rs141.38 to the dollar.
The import bill has been declined by 21 percent in March 2019 to $4.15 billion as compared with $5.25 billion in March 2017.
The total import bill during first nine months of current fiscal year fell by 8 percent to $40.75 billion as compared with $44.28 billion in July – March 2017/2018.
-
Rupee makes gain against dollar
KARACHI: The Pak Rupee made slight gain against dollar on Wednesday amid lower demand for import and corporate payments.
The rupee ended Rs141.38 to the dollar from previous day’s closing of Rs141.39 in interbank foreign exchange market.
The interbank foreign exchange market was initiated in the range of Rs141.39 and 141.40.
The market recorded day high of Rs141.39 and low of Rs141.37 and closed at Rs141.38.
In open market the exchange rate was ended with 20 paisas gain in rupee value.
The buying and selling of dollar was recorded at Rs142.00/Rs142.50 in from previous day’s closing of Rs142.30/Rs142.70 in cash ready market.
Related Stories
Rupee ends firmer in rang bound trading -
Rupee ends firmer in range bound trading
KARACHI: The Pak Rupee ended firmer against dollar on Tuesday in a range bound trading activity.
The rupee ended Rs141.38 to the dollar from previous day’s closing of Rs141.39 in interbank foreign exchange market.
The interbank foreign exchange market was initiated in the range of Rs141.39 and Rs141.40.
The market recorded a high of Rs141.40 and low of Rs141.38 and closed at Rs141.38.
The rupee however gained in open market against the greenback.
The buying and selling of dollar was ended at Rs142.30/Rs142.70 from previous day’s closing of Rs142.50/Rs142.50 in cash ready market.
Related Stories
Rupee ends down by nine paisas -
Rupee ends down by nine paisas
KARACHI: The Pak Rupee ended down by nine paisas against dollar on Monday after gaining value earlier in the day.
The rupee ended Rs141.39 to the dollar from last Friday’s closing of Rs141.30 in interbank foreign exchange market.
The interbank foreign exchange was initiated in the range of Rs141.10 and Rs141.20. The market recorded day high of Rs141.40 and low of Rs141.20 and closed at Rs141.39.
The exchange rate in open market was remained unchanged.
The buying and selling of dollar was recorded at Rs142.50/Rs142.80 the same last Saturday’s level in cash free market.
Related Stories
Rupee gains 10 paisas against dollar -
Rupee gains 20 paisas in open market
KARACHI: The Pak Rupee gained 20 paisas in open market on Saturday owing to monitoring launched by exchange companies after meeting with State Bank of Pakistan.
The buying and selling of dollar was recorded at Rs142.30/Rs142.80 from previous day’s ending of Rs142.50/Rs142.50 in cash ready market.
The representatives of Forex Association of Pakistan (FAP) held meetings during last two days with State Bank of Pakistan to control the higher demand of dollar in open market.
In the last day meeting the FAP decided that it would not entertain non genuine buyers of dollars and would monitor the trading in the open market.
-
Rupee gains 10 paisas against dollar
KARACHI: The Pak Rupee gained 10 paisas against dollar on Friday following ease in demand for scheduled repayment for foreign loans.
The rupee ended Rs141.30 to the dollar from previous day’s close of Rs141.40 in interbank foreign exchange market.
The interbank foreign exchange market was initiated in the range of Rs141.35 and Rs141.40. The market recorded day high of Rs141.35 and low of Rs141.20 and closed at Rs141.30.
A day earlier the State Bank of Pakistan (SBP) in a meeting with representatives of Forex Association of Pakistan (FAP) had assured that repayment pressure against foreign loans was eased and rupee value would increased in coming days.
In the open market the exchange rates were remained stable.
The buying and selling of dollar was recorded at Rs142.50/Rs143.00, the same previous day’s level, in cash ready market.
-
Rupee ends stable against dollar
KARACHI: The rupee ended stable against dollar on Thursday after government assurance of no link of rupee value with IMF deal.
The rupee ended at Rs141.40 to the dollar, the same previous day’s level, in interbank foreign exchange market.
The interbank foreign exchange market was initiated in the range of Rs141.39 and Rs141.40.
The market recorded day high of Rs141.40 and low of Rs141.399 and closed at Rs141.40.
The exchange rates in open market were also ended stable.
The buying and selling of dollar was recorded at Rs142.50/Rs143.00, the same previous day’s level, in cash ready market.
-
Rupee maintains level in early trade
KARACHI – In the early hours of Wednesday, the Pakistani Rupee demonstrated resilience, maintaining its level against the US Dollar in the interbank foreign exchange market.
(more…) -
Rupee ends down by 30 paisas against dollar
KARACHI: The Pak Rupee depreciated by 30 paisas against dollar on Wednesday owing to reports of IMF conditionalities for new loan program.
The rupee ended down by 30 paisas to close at Rs141.40 to the dollar from previous day’s close of Rs141.10 in interbank foreign exchange market.
The interbank foreign exchange market was initiated in the range of Rs141.20 and Rs141.40.
The market recorded day high of Rs141.40 and low of Rs141.39 and closed at Rs141.40.
The exchange rate in open market also witnessed devaluation of local currency.
The buying and selling of dollar was recorded at Rs142.50/Rs143.00 from previous day’s close of Rs142.00/Rs142.50 in cash ready market.