December 9, 2023
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

Against the US dollar, the rupee resumes its winning streak

KARACHI: With respect to the US dollar in interbank trading, the Pakistani rupee has once more resumed its winning streak. The dollar has dropped 41 paisa against the Pakistani rupee on the second day of trading. As of the current day, the dollar is trading at Rs220 in the interbank market after depreciating by 41 […]

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Business

Stocks fall below 42,000 due to profit-taking

KARACHI: The bears remained in control of trading at the Pakistan Stock Exchange on Monday, with the benchmark KSE-100 index extending losses from the previous week and falling by more than 450 points. The benchmark began the week on a sour note after succumbing to late-session profit-taking. Despite the ongoing political turmoil, the market opened […]

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Business

Pakistani rupee exchange rate as of August 17, 2022

The US dollar gained ground against the Pakistani rupee on Wednesday, reversing a nearly week-long downward trend for the greenback after Nawaz Sharif and other top unity government officials criticised Finance Minister Miftah Ismail for increasing the cost of gasoline in the nation. While banks are selling it for Rs 214.50, the dollar climbed by […]

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