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Tag Archives: inter-bank

US dollar strengthens in open market

KARACHI: Pakistani rupee weakened in open market and remained stable in inter-bank against US dollar on the last working day of the trading week in the local currency market. According to currency market, US dollar gained 5 paisa in open market to reach 102.85 and remained stable with 102.6 in inter-bank. On Thursday, US dollar gained 10 paisa and reach ... Read More »

Rupee weakens against US dollar in inter-bank trading

KARACHI: Pakistani rupee on Thursday weakened in inter-bank against US dollar and strengthened in open market. According to currency market, US dollar gained 10 paisa and reached 102.6 in inter-bank, while it lost 10 paisa to reach 102.8 in the open market. On Wednesday, the US dollar weakened 20 paisa to reach 102.5 in inter-bank and strengthened 5 paisa to ... Read More »

Dollar downs against Pak rupee in inter-bank

KARACHI: The US dollar weakened against the Pakistani rupee after consecutive gains in three days in inter-bank market as opposition parties in the assembly are making frantic efforts to break the deadlock after negotiating with Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan and Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri. US dollar has weakened 10 paisa against rupee in inter-bank ... Read More »

Rupee strong in inter-bank, weak in open market

The US dollar lost 30 paisa against Pakistani rupee on Monday in inter-bank transactions despite the situation worsened in the federal capital where protesters have been trying to enter the Prime Minister’s House and police are trying to stop them. On Friday, the rupee strengthened to 101.85 and 101.5 gaining 60 and 62 paisa against US dollar in open and inter-bank ... Read More »

Weekly roundup: Rupee manages to reverse dollar blows

ISLAMABAD: The sentiments-driven rupee received blows on Monday on the back of what the market gurus called the political turmoil haunting the country’s feeble economy for more than two weeks in the name of Azadi and Inqilab marches led by Imran Khan and Tahirul Qadri. Followers of Khan and Tahirul Qadri have been massed outside Parliament since Aug 15 in ... Read More »

Rupee strengthens 60 paisa against dollar

The US dollar lost 60 paisa against Pakistani rupee on Friday in both inter-bank and open markets despite the business activities have been slowed down amid uncertainty on the political front for the last two weeks. On Thursday, the US dollar gained 75 paisa against Pakistani rupee in open market to reach 102.45 as the rupee could not maintain its ... Read More »

Dollar reaches Rs103.30 as rupee continues to nosedive

KARACHI: The US dollar gained 63 paisa in the inter-bank currency exchange on Monday, reaching Rs 103.30 mark as uncertainty continues to prevail on the political horizon in the country. The experts blame the current political situation for frailty of rupee and fear that it may further depreciate if the situation did not return to normalcy. Earlier, currency experts had ... Read More »