On Wednesday, the gold prices in Pakistan continued to decline, taking the cost of 24-karat gold to Rs248,200 per tola after reporting a price decrease of Rs300. Dealers reported a related fall in the price of 10 grams of 24-karat gold, which dipped by Rs236 to trade at Rs212,791. Furthermore, the price of 10 grams…
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The United States dollar continued to lose value against the Pakistani rupee on Wednesday. The US dollar lost Rs0.22 in the opening hours of trading to fall to Rs281 in the interbank market. On Tuesday, the US dollar had lost a mere 6 paisas to fall from Rs281.28 to Rs281.22. Since crossing the Rs300 mark…
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The Pakistani Rupee continued its winning streak against the US Dollar and reached Rs278.50 in the interbank trading at the start of the trading session on Friday. The rupee appreciation continued against the US dollar on the last business day of the trading week. The USD closed at Rs278.81 on Thursday in comparison to Rs280.29…
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The Pakistani rupee (PKR) continued to gain ground against the US dollar in the interbank market on Wednesday, extending its gains for the 20th consecutive session. According to the Forex Association of Pakistan, the rupee gained Rs1.04 against the US dollar, trading Rs284.68 from yesterday’s close of Rs285.72. In the open market, the dollar depreciated…
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The US dollar continued to hit new heights against a weakening Pakistani rupee, and reached the 305 level during trading as the gap with the inter-bank rate widened further. The Pakistani rupee has found itself on a rollercoaster ride yet again against the mighty US dollar. The dollar crossed an unprecedented milestone, soaring past the…
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The Pakistani rupee fell by Rs2.99 against the US dollar during interbank trade on Wednesday, extending its losses from the previous day. The local currency was changing hands at Rs294.50 against the greenback at around 12:24pm, according to data from the Exchange Companies Association of Pakistan (ECAP). In the open market, the dollar was being…
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