Rupee strengthens amid REER depreciation M Haris
KARACHI: Pakistan’s real effective exchange rate (REER) – the value of the local currency compared to a basket of currencies of trading partner countries –...
Rupee faces mild pressure after long holidays M Haris
KARACHI: Pakistani currency came under mild pressure at the resumption of trading post-Eid holidays on Thursday as the rupee depreciated Rs0.09 to a one-week low...
Rupee expected to trade range-bound against dollar in coming week M Haris
The Pakistani rupee strengthened further against the US dollar, appreciating 0.21% in the inter-bank market on Friday, May 26, 2023. — PPI Rupee unlikely to...
Rupee rallies on hopes of big IMF package M Haris
KARACHI: Taking cue from Pakistan’s request to the International Monetary Fund (IMF) for a bigger bailout package of $8 billion, the rupee on Friday hit...
Rupee depreciates for 2nd day, reserves jump M Haris
KARACHI: Pakistani currency dropped Rs0.14 to a new two-week low at Rs278.40 against the US dollar in the inter-bank market, maintaining its downward trend for...