December 22, 2024
Business

PKR is losing ground to the US Dollar in interbank

KARACHI: On the opening day of the week’s activity, the Pakistani rupee weakened against the US dollar and saw a new decline. Details show that the rupee fell by 11 paisas versus the dollar, which currently trades for roughly Rs217.65. The Pakistan Stock Exchange, on the other hand, experienced a drop. The KSE-100 index reached […]

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Business

The PKR continues to depreciate against the dollar, losing Rs. 1.12 in interbank

The rupee, which has been losing value for more than a week, lost Rs1.12 to the dollar in Friday’s opening interbank trade. The Forex Association of Pakistan reports that at 12:33 PM, the PKR was trading at Rs237 per USD (FAP).This represents a decrease of 0.47 percent from yesterday’s close of Rs235.88. The increased import […]

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