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Rupee slides further to Rs150 against USD; stock market down 2.4pc in intra-day trade

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KARACHI: The rupee continued to fall to record lows on Friday, after the government agreed in principle to a $6 billion loan from the International Monetary Fund (IMF). The rupee, which lost 3.6 per cent on Thursday to close at 146.2 against the US dollar in the interbank market, dropped further on Friday, dealers said, selling at Rs149.50 in the ... Read More »

Rupee hits all-time low of 148.5 against US dollar in inter-bank market

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KARACHI: The rupee dropped to an all-time low of 148.50 to the US dollar in the inter-bank market on Thursday. It weakened by over five per cent, or Rs7.10, from Wednesday close of 141.4 in early hours of trade at the inter-bank. Currency dealers are selling dollar at Rs148 and buying at Rs145, a Karachi based dealer said. The drop in rupee comes a ... Read More »

Rupee makes significant gain against dollar in early trade

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KARACHI: The Pak Rupee made significant gains against dollar in early trade on Tuesday owing to narrowing current account deficit and inflows of foreign assistance, dealers said. The rupee gained 10 paisas in the early trade in interbank foreign exchange market. The dollar is being traded at Rs138.65 in interbank foreign exchange market. The exchange rate was closed at Rs138.75 ... Read More »

Rupee flat against dollar 

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KARACHI: The rupee remained almost flat against the dollar at Rs138.66/Rs139.03 in the inter-bank market on Tuesday compared with Monday’s close of Rs138.66/Rs139.04, according to the State Bank of Pakistan (SBP). Last year in November, the rupee fell to an all-time low at Rs144 against the dollar in intra-day trading before recovering to Rs139.05 in the sixth round of devaluation ... Read More »

Rupee sheds value against dollar in early trade

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KARACHI: Pak rupee shed value by six paisas against dollar in early trading on Monday. The US Dollar traded at Rs138.91 in interbank foreign exchange market. The rupee was ended at Rs138.85 on Friday, January 11, 2019. Dealers said that the demand for dollar is high due to import and corporate payments. Read More »

Pak rupee loses value against greenback

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KARACHI: The Pakistani rupee depreciated on Monday against the US currency both in open market and interbank. As per the local money market, the US currency added 10 paisas in open market for buying at Rs139 and for selling at Rs139.50, while it also gained 10 paisas in interbank for buying at Rs138.60 and for selling at Rs139.10. On Friday, ... Read More »

Pak rupee depreciates by five paisas to Rs139.40

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KARACHI: The Pakistani rupee on Friday slightly depreciated against the US currency in open market and closed firm in interbank. As per the local money market, the dollar gained five paisas for buying at Rs138.90 and for selling at Rs139.40 in open market. In interbank, the greenback closed firm for buying at Rs138.50 and for selling at Rs139. On Thursday, ... Read More »

Pak rupee depreciates by 10 paisas

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KARACHI: The Pakistani rupee on Thursday depreciated against the US dollar in open market and remained unchanged in interbank. As per the local money market, the US currency added 10 paisas in open market for buying at Rs138.85 and for selling at Rs139.35, while it closed firm in interbank for buying at Rs138.50 and for selling at Rs139. On Wednesday, ... Read More »

Pak rupee strengthens in open market

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KARACHI: The Pakistani rupee on Wednesday strengthened against the US dollar in open market and remained unchanged in interbank. As per the local money market, the dollar lost 35 paisas for buying at Rs138.75 and Re1.05 for selling at Rs139.25 in open market. In interbank, the greenback closed firm for buying at Rs138.50 and for selling at Rs139. On Monday, ... Read More »

Pak rupee gains value in open market

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KARACHI: The Pakistani rupee on Monday gained some value against the US dollar in open market and remained unchanged in interbank. As per the local money market, the US currency shed 80 paisas in open market for buying at Rs139.10 and 10 paisas for selling at Rs140.30, while it closed firm in interbank for buying at Rs138.50 and for selling ... Read More »

Pak rupee depreciates by 10 paisas to Rs140.40

Pak rupee

KARACHI: The Pakistani rupee on Friday lost further value against the US dollar in open market and remained unchanged in interbank. As per the local money market, the greenback closed firm in interbank for buying at Rs138.50 and for selling at Rs139. In open market, the dollar added 10 paisas for buying at Rs139.90 and for selling at Rs140.40. On ... Read More »

Pak rupee depreciates in open market

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KARACHI: The Pakistani rupee on Thursday depreciated against the US dollar in open market and remained unchanged in interbank. As per the local money market, the US currency closed firm in interbank for buying at Rs138.50 and for selling at Rs139, while it added 55 paisas in open market for buying at Rs139.80 and for selling at Rs140.30. On Wednesday, ... Read More »

Pak rupee further gains value in open market

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KARACHI: The Pakistani rupee on Wednesday further strengthened against the US dollar in open market and remained firm in interbank. As per the local money market, the greenback remained unchanged in interbank for buying at Rs138.50 and for selling at Rs139. In open market, the dollar shed 25 paisas for buying at Rs139.25 and for selling at Rs139.75. On Tuesday, ... Read More »

Pak rupee makes recovery against dollar

Pak rupee 9

KARACHI: The Pakistani rupee on Tuesday strengthened against the US dollar both in interbank and open market. As per the local money market, the US currency added 10 paisas in interbank for buying at Rs138.50 and for selling at Rs139, while it shed 50 paisas in open market for buying at Rs139.50 and for selling at Rs140. On Monday, the ... Read More »

Pak rupee depreciates to Rs140.60 in open market

Pak rupee

KARACHI: The Pakistani rupee on Monday witnessed mix trend against the US dollar and gained value in interbank, but depreciated in open market. As per the local money market, the greenback lost 10 paisas in interbank for buying at Rs138.40 and for selling at Rs138.90. In open market, the dollar added 60 paisas for buying at Rs140 and for selling ... Read More »

Pak rupee recovers against greenback

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KARACHI: The Pakistani rupee on Friday recovered against the US dollar both in open market and interbank. As per the local money market, the US currency lost 10 paisas in interbank for buying at Rs138.50 and for selling at Rs139, while it shed 25 paisas in open market for buying at Rs139.50 and for selling at Rs140. On Thursday, the ... Read More »

Pak rupee depreciates to Rs140.25

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KARACHI: The Pakistani rupee on Thursday depreciated against the US dollar both in open market and interbank. As per the local money market, the greenback gained 10 paisas in interbank for buying at Rs138.60 and for selling at Rs139.10. In open market, the dollar added 75 paisas for buying at Rs139.75 and for selling at Rs140.25. On Wednesday, the US ... Read More »

Pak rupee continues recovery

Pak rupee

KARACHI: The Pakistani rupee on Wednesday gained value against the US dollar both in open market and closed unchanged in interbank. As per the local money market, the US currency closed firm in interbank for buying at Rs138.50 and for selling at Rs139, while it lost 20 paisas in open market for buying at Rs139 and for selling at Rs139.50. ... Read More »

Pak rupee makes recover against dollar

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KARACHI: The Pakistani rupee on Tuesday made recovery against the US dollar both in open market and closed firm in interbank. As per the local money market, the greenback closed unchanged in interbank for buying at Rs138.50 and for selling at Rs139. In open market, the dollar lost 20 paisas for buying at Rs139.20 and for selling at Rs139.70. On ... Read More »

Pak rupee depreciates to Rs139.90 in open market

Pak rupee 2

KARACHI: The Pakistani rupee on Monday continued its losing spree and depreciated against the US dollar both in interbank and open market. As per the local money market, the dollar added 10 paisas in interbank for buying at Rs138.50 and for selling at Rs139, while it gained 40 paisas in open market for buying at Rs139.40 and for selling at ... Read More »