Tag: US Dollar

KARACHI: The rupee is projected to remain stable in the coming week, driven by optimism surrounding the first review of the International Monetary Fund’s (IMF) $7 billion loan program, set to commence next week. Market participants expect minimal fluctuations in the rupee’s value as economic factors remain relatively steady.

Karachi, February 28, 2025 – The Pakistani rupee registered a modest gain against the US dollar on Friday, appreciating by five paisas despite ongoing foreign payment pressures.

Karachi, February 27, 2025 – The Pakistani rupee continued its downward trajectory on Thursday, depreciating by 10 paisas against the US dollar to settle at PKR 279.72 in the interbank foreign exchange market.

KARACHI, February 26, 2025 – The Pakistani rupee registered a modest gain of 5 paisas against the US dollar on Wednesday, supported by Ramadan-related foreign inflows. This slight appreciation in the rupee’s value was largely driven by increased remittances from overseas Pakistanis.

Karachi, February 25, 2025 – The Pakistani rupee experienced a slight decline against the dollar on Tuesday, closing lower by one paisa due to rising demand for foreign payments.