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KARACHI: The Pak Rupee fell by seven paisas against dollar in early trade on Monday.
The dollar is being traded at Rs140.85 in interbank foreign exchange market. The foreign currency market was ended at Rs140.78 on last Friday.
Currency experts said the rupee was sliding due to ongoing discussions with IMF for new loan program.
KARACHI: The Pak Rupee fell by 70 paisas against dollar on Saturday owing to demand in the open market.
The buying and selling of dollar was recorded at Rs142.00/Rs142.50 from previous day’s close of Rs141.30/Rs141.80 in cash ready market.
The rupee depreciated during the past two days owing to enhancing key policy rate and the intention shown by the government to enter new IMF loan program.
KARACHI: The Pak Rupee fell sharply by 49 against the US dollar on Friday owing to higher demand for import and corporate payments.
The rupee ended Rs140.78 to the dollar from previous day’s close of Rs140.29 in interbank foreign exchange market.
The interbank foreign market was initiated in the range of Rs140.60 and Rs140.80.
The market recorded day high of Rs140.80 and low of Rs140.78 and closed at Rs140.78.
The rupee also fell by 80 paisas in the open market against dollar.
The buying and selling of dollar was recorded at Rs141.30/Rs141.80 from previous day’s closing of Rs140.50/Rs141.00 in cash ready market.
KARACHI: The Pak Rupee witnessed massive fall of 41 paisas against US dollar in early trade on Friday.
The dollar is being traded at Rs140.70 in Interbank Foreign Exchange Market. The foreign currency market ended yesterday at Rs140.29 to the dollar.
Currency experts said the higher demand for import and corporate demand escalated the rupee value.
The experts said that the State Bank of Pakistan is announcing monetary policy today. This announcement also pressurized the local currency.
KARACHI: The Pak Rupee ended firmer against the US dollar on Thursday in a range bound trading activity.
The rupee ended Rs140.29 to the dollar from previous day’s close of Rs140.28 in interbank foreign exchange market.
The interbank foreign exchange market was initiated in the range of Rs140.28 and Rs140.30.
The market recorded day high of Rs140.30 and low of Rs140.29 and closed at Rs140.29.
The exchange rate remained unchanged in open market.
The buying and selling of dollar was recorded at Rs140.50/Rs141.00, the same previous day’s level, in cash ready market.
KARACHI: The Pak Rupee ended flat against dollar on Wednesday despite recovery in the intra-day trading.
The rupee ended Rs140.28 to the dollar from previous day’s closing of Rs140.27 in interbank foreign exchange market.
The interbank foreign exchange market was initiated in the range of Rs140.10 and Rs140.20.
The market recorded day high of Rs140.29 and low of Rs140.20 and closed at Rs140.28.
The exchange rates in open market were remained unchanged.
The buying and selling of dollar was recorded at Rs140.50/Rs141.00, the same previous days level, in cash ready market.
KARACHI: The Pak Rupee gained 17 paisas against US dollar in mid-day trade on improved inflows.
The dollar is being traded at Rs140.10 in interbank foreign exchange market. The foreign currency market ended Rs140.27 in last day trading.
Currency experts said that due to IMF loan program there would be pressure on the local currency in coming days. However, they said that the narrowing trade deficit and shrinking current account deficit could help the local currency to maintain levels.
KARACHI: The Pak Rupee gained two paisas against dollar on Tuesday amid higher demand for import and corporate payments.
The rupee ended Rs140.27 to the dollar from previous day’s closing of Rs140.29 in interbank foreign exchange market.
The interbank foreign exchange market was initiated in the range of Rs140.25 and Rs140.30.
The market recorded day high of Rs140.30 and low of Rs140.26 and closed at Rs140.27.
The exchange rate in open market however ended with appreciation of local currency against the dollar.
The buying and selling of dollar was recorded at Rs140.50/Rs141.00 from previous day’s closing of Rs140.80/Rs141.30 in cash ready market.
KARACHI: The Pak Rupee ended down by 5 paisas against the US dollar on Monday despite reports of inflows from China.
The rupee ended Rs140.29 to the dollar from last Friday’s close of Rs140.24 in interbank foreign exchange market.
The interbank foreign exchange market was initiated in the range of Rs140.25 and Rs140.30.
The market recorded day high of Rs140.30 and low of Rs140.28 and closed at Rs140.29.
Currency experts said that the rupee was under pressure due to ongoing talks of the government with IMF for new loan program.
The exchange rate in the open market was remained stable.
The buying and selling of dollar was recorded at Rs140.80/Rs141.30, the same level of last Friday’s in cash ready market.
KARACHI: The Pak Rupee fell 75 paisas against US dollar on Friday owing to higher demand for import and corporate payments.
The rupee ended Rs140.24 to the dollar from previous day’s closing of Rs139.49 in interbank foreign exchange market.
The interbank foreign exchange market was initiated in the range of Rs139.75 and Rs140.00.
The market recorded day high of Rs140.25 and low of Rs140.00 and closed at Rs140.24.
Currency experts said that due to upcoming weekly holidays including holiday on account of Pakistan Day increased the demand for the greenback.
They also said that the latest development related on new IMF loan also put pressure on local unit demand.
In the open market the rupee fell even more significantly against the greenback.
The buying and selling of dollar was recorded at Rs140.80/141.30 as compared with previous day’s closing of Rs139.70/140.20 in cash ready market.
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