Tag: US Dollar

Karachi, August 21, 2024 – The Pakistani rupee continued its downward trend on Wednesday, shedding 18 paisas against the US dollar, closing at PKR 278.52 in the interbank foreign exchange market.

Karachi, August 20, 2024 – The Pakistani rupee appreciated to PKR 278.34 against the US Dollar on Tuesday, bolstered by improved foreign inflows and a shrinking current account deficit.

Karachi, August 19, 2024 – The Pakistani rupee gained 10 paisas against the US dollar on Monday, closing at PKR 278.44 in the interbank foreign exchange market, up from last Friday’s close of PKR 278.54. This modest appreciation is attributed to improved inflows from exports and remittances, alongside a narrowing current account deficit.

Karachi, August 18, 2024 – The Pakistani rupee is expected to maintain its stability against the US dollar in the coming week, buoyed by ample foreign exchange reserves and positive economic trends, according to analysts and currency dealers.

Karachi, August 16, 2024 – The Pakistani Rupee gained 16 paisas against the US dollar on Friday, reflecting a positive turn in the country’s economic outlook due to an improvement in foreign exchange reserves.

Karachi, August 15, 2024 – The Pakistani Rupee remained steady on Thursday, closing at PKR 278.70 against the US dollar in the interbank foreign exchange market. The currency showed resilience despite the market reopening after a public holiday.