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

Dollar keeps gaining while facing PKR

KARACHI: Following a recent increase, the US dollar is gaining ground against the Pakistani rupee on Friday. Details indicate that the value of the local currency decreased by 10 paisa in relation to the US dollar, which is currently trading at Rs 221.5. As you may remember, the dollar’s value grew somewhat at the end […]

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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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