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Pakistani Rupee (PKR) News Monitoring

  • Published on Dec 20, 2024

    Rupee weakens for second straight session

    KARACHI: The rupee extended losses against the dollar for the second consecutive session in the interbank market on Friday. The rupee closed at 278.41 per dollar, compared with Thursday’s closing price of 278.35. Dealers said the local currency lost ground …

    Source: The News International - Uncategorized
  • Published on Dec 20, 2024

    Hurdles in materialization of GCC’s economic ventures in Pakistan

    Listen to article The organization of the Gulf Cooperation Council was formed in 1981 which consists of six states: Qatar, Oman, Kuwait, Bahrain, United Arab Emirates, and Saudi Arabia. The Gulf region is one of the most resource-rich areas namely crude …

    Source: The Express Tribune - Uncategorized
  • Published on Dec 20, 2024

    Rupee sheds 13 paisa against dollar

    The Pakistani rupee on Thursday depreciated by 13 paisa against the US dollar in the interbank trading and closed at Rs 278.35 against the previous day’s closing of Rs 278.22. However, according to the Forex Association of Pakistan (FAP), the buying and …

    Source: Daily Times - Label Pending
  • Published on Dec 20, 2024

    Intra-day update: rupee records slight gain against US dollar

    The Pakistani rupee registered marginal improvement against the US dollar, appreciating 0.03% during the opening hours of trading in the inter-bank market on Friday. At 10am, the currency was hovering at 278.28, a gain of Re0.07 against the greenback. On …

    Source: Business Recorder - Neutral
  • Published on Dec 21, 2024

    PSX sees record decline, recovers later

    KARACHI: Pakistan Stock Exchange (PSX) experienced a tumultuous week, marked by historic highs and lows as profit-taking, policy changes and economic indicators stirred market sentiment. The State Bank of Pakistan's (SBP) decision to cut its policy …

    Source: The Express Tribune - Uncategorized
  • Published on Dec 19, 2024

    Foreign currency reserves rise $31m to $12.08b

    KARACHI: The foreign exchange reserves, held by the State Bank of Pakistan, rose $31 million to $12.08 billion in the week ended December 13, 2024, according to data released by the central bank on Thursday. With the fresh increase, Pakistan's total …

    Source: The Express Tribune - Uncategorized
  • Published on Dec 19, 2024

    Rupee records slight decline against US dollar

    The Pakistani rupee registerd a slight decline against the US dollar, depreciating 0.04% in the inter-bank market on Thursday. At close, the currency settled at 278.35 for a loss of Re0.12 against the greenback. On Wednesday, the rupee had settled at 278. …

    Source: Business Recorder - Neutral
  • Published on Dec 19, 2024

    Intra-day update: rupee records slight improvement against US dollar

    The Pakistani rupee registered marginal improvement against the US dollar, appreciating 0.03% during the opening hours of trading in the inter-bank market on Thursday. At 10am, the currency was hovering at 278.16, a gain of Re0.07 against the greenback. On …

    Source: Business Recorder - Neutral
  • Published on Dec 19, 2024

    Aurangzeb claims Pakistan’s economic indicators show strong recovery

    ISLAMABAD  -  Federal Finance Minister Muhammad Aurangzeb has expressed satisfaction over the improving economic condition of the country due to prudent policies of the government. Presiding over a meeting of the Economic Coordination Committee of the …

    Source: The Nation - Label Pending
  • Published on Dec 18, 2024

    Pakistan’s IT exports rise 25% YoY in November, 5MFY25 exports surge by 33%

    Pakistan’s monthly IT exports reached $324 million in November 2024, reflecting a 25% year-on-year (YoY) increase, though slightly down by 2% month-on-month (MoM), according to data compiled by Topline Securities.  These exports surpassed the 12-month …

    Source: Profit by Pakistan Today - Neutral
  • Published on Dec 18, 2024

    Rupee registers marginal decline against US dollar

    The Pakistani rupee saw a marginal decline against the US dollar, depreciating 0.04% in the inter-bank market on Tuesday. At close, the currency settled at 278.27 for a loss of Re0.10 against the greenback. On Monday, the rupee had settled at 278.17, …

    Source: Daily Times - Center-left
  • Published on Dec 21, 2024

    KP debt rises 30pc to Rs680bn in one year

    ISLAMABAD: The debt stock of Khyber Pakhtun­khwa (KP) has surged by more than 28pc in a single year to almost Rs680 billion, resulting in deterioration of its risk indicators and seriously hampering its development potential. Informed sources told Dawn …

    Source: Dawn - Center-left
  • Published on Dec 20, 2024

    Gold loses shine, drops Rs2,000 per tola

    Listen to article Gold prices continued to decline for the third consecutive day on Friday, reflecting a sustained downward trend in the global bullion market amid pre-holiday oscillation. The price of gold per tola dropped Rs2,000 and reached Rs271,300. …

    Source: The Express Tribune - Uncategorized
  • Published on Dec 20, 2024

    KSE-100 gains over 3% as buying returns to PSX

    A day after a historic sell-off, buying returned to the Pakistan Stock Exchange (PSX) as the KSE-100 Index closed with a gain of over 3% on Friday. The KSE-100 witnessed range-bound trading in the first few hours, hitting an intra-day low of 105,601.04. …

    Source: Business Recorder - Neutral
  • Published on Dec 20, 2024

    Rupee Ends in Red Against US Dollar for Fourth Time This Week

    The Pakistani rupee (PKR) ended the week in red against the US dollar (USD) on Friday, making it the fourth session this week where the PKR depreciated against the USD.  At close of the day, the PKR settled at 278.42 against the greenback, down Rs. 0.07 or …

    Source: ProPakistani - Neutral
  • Published on Dec 20, 2024

    Dirham to PKR rate today – 20 December 2024

    KARACHI – The UAE currency, Dirham, witnessed a slight increase of four paisas against Pakistani rupee on Friday as compared to previous session. The buying rate of UAE Dirham in Pakistan today, December 20, stands at Rs75.78 after gaining two paisas, …

    Source: Pakistan Observer - Pro-Government
  • Published on Dec 20, 2024

    Saudi Riyal to PKR latest rate today – 20 December 2024

    Date Latest Exchange Rate Change December 20, 2024 Rs. 74.06 04paisa December 19, 2024 Rs. 74.02 The Saudi riyal is the official currency of Saudi Arabia. It is abbreviated as SAR, or SR. One Riyal is subdivided into 100 halalas. How Much is 500 Saudi …

    Source: Pakistan Observer - Pro-Government
  • Published on Dec 19, 2024

    Bloodbath at PSX: KSE-100 plunges record 4,795 points amid correction

    It was yet another day of massive selling at the Pakistan Stock Exchange (PSX), as equities entered a correction phase, with the benchmark KSE-100 Index closing around 106,200 after a historic single-day loss of 4,795 points on Thursday. The loss comes a …

    Source: Business Recorder - Neutral
  • Published on Dec 19, 2024

    Rupee’s Recovery Proves Short-lived as it Weakens Further Against US Dollar  

    The Pakistani rupee (PKR) managed to break a two-day losing streak on Wednesday but the recovery proved short-lived as it depreciated against the US dollar (USD) once again on Thursday.  At close of the day, the PKR settled at 278.35 against the greenback, …

    Source: ProPakistani - Neutral

11 days 04:47:55

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