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Tag Archives: Pakistani Rupee

POL prices likely to cut by Rs5 from Nov 1

ISLAMABAD: Observing the declining trend in global oil prices, the government has decided to decrease local prices of petroleum products from November 1. According to sources in Oil and Gas Regulatory Authority (OGRA), the price of petrol is expected to decrease by Rs4.50 per litre, high-speed diesel by Rs5.00, kerosene oil by Rs5.80 and Hi-Octane by Rs 6.00 per litre. ... Read More »

Pak rupee sheds 10 paisa in open market

KARACHI: Pakistani rupee Thursday further lost its value against US dollar in open market, but remained stable in interbank. According to the data provided by the Forex Association of Pakistan, US dollar gained 10 paisa to reach 103.5 in open market, while it remained stable at Rs102.70 in interbank. On Wednesday, dollar took marginal strength against rupee in interbank while ... Read More »

Pak rupee weakens in open market

KARACHI: Pakistani rupee Tuesday further depreciated against US dollar in open market, but remained stable in interbank amid continued political turmoil. According to the currency dealers, US dollar gained 10 paisa and reached 103.1 in open market, while rupee remained stable in interbank on 102.7. On Monday, the local unit did not show any variation for the buying and selling ... Read More »

Rupee remains steady against greenback

KARACHI: Pakistani rupee remained stable against US dollar in both interbank and open market on Monday. According to the currency dealers, the local unit did not show any variation for the buying and selling of the dollars on the first trading day. The rupee was traded at 102.7 in interbank, while it was traded at 103 in open market against ... Read More »

US dollar rises to 103 in open market

KARACHI: Pakistani rupee further depreciated against US dollar in open market, but remained stable in interbank on Friday, the last trading day. According to the currency dealers, US dollar gained 5 paisa and reached 103 in open market, while rupee remained stable in interbank on 102.7. On Thursday, the local unit did not show any variation for the buying and selling ... Read More »

Rupee remains firm against US dollar

KARACHI: Pakistani rupee Thursday remained stable against US dollar in both open market and interbank. According to the currency dealers, the local unit did not show any variation for the buying and selling of the dollars, as there was neither payment nor buying pressure witnessed in the market. In open market, the rupee was traded at 102.95, while in interbank, ... Read More »

Gold price up Rs 300 per tola as marriage season kicks off

KARACHI: The gold price gained strength by rising Rs 257 to trade of Rs 41,657 per 10 grams in the Karachi gold market today amid festive/marriage season demand from jewellers and retailers. Moreover, gold price rose Rs 300 per tola in market to reach a level of Rs 48,600, as price of precious metal increased globally and traded at $1,233 ... Read More »

Rupee further sheds 5 paisa, US dollar nears 103

LAHORE: Pakistani rupee Wednesday further depreciated against US dollar in open market, but remained stable in interbank. According to local currency market, US dollar gained 5 paisa in open market and reached 102.95, however, remained unchanged in interbank at 102.7.On Tuesday, US dollar gained 5 paisa in open market to reach 102.9, but remained stable in interbank at 102.7. Read More »

Rupee remains stable in interbank

LAHORE: Pakistani rupee Tuesday remained stable against US dollar in interbank, while depreciated in open market. According to local currency market, US dollar gained 5 paisa in open market to reach 102.9, but remained stable in interbank at 102.7. On Monday, first day of trading, US dollar gained by 10 paisa in interbank to reach 102.7, while it shed 10 ... Read More »

Weekly review: Rupee sheds 25 paisas against dollar after Eid holidays

LAHORE: The Pakistani rupee weakened in the following two-trading-day week started after the weekend and Eidul Adha holidays as the US dollar gained 20 paisas in inter-bank and 25 paisas in open market against Pakistani rupee from Thursday to Friday. As per detail, the value of dollar in inter-bank market was 102.4 on Thursday and 102.6 on Friday against rupee, ... Read More »

Rupee depreciates against US dollar

KARACHI: Pakistani rupee lost its value against US dollar both in interbank and open market on the last day of trading on Friday. According to local currency market, US dollar strengthened in interbank by gaining 20 paisa and reached 102.6. The dollar also gained 25 paisa in open market to reached 102.85. On Thursday, US dollar remained stable both in ... Read More »

Rupee remains stable against US dollar

KARACHI: Pakistani rupee remained stable against US dollar both in interbank and open market on the first day of trading on Thursday after five days of Eid holidays. According to local currency market, US dollar remained stable both in interbank and open market at 102.4 and 102.6 respectively. On the last trading day on Friday, US dollar gained 20 paisa ... Read More »

Weekly review: Rupee steadier, weighs 20 paisas in interbank

LAHORE: The US dollar lost 20 paisas in inter-bank and 15 paisas in open market against Pakistani rupee during the week-long trading from Monday to Friday. As per detail, the value of dollar in inter-bank market was 102.6 on Monday and 102.4 on Friday against rupee, while, in open market its value was 102.75 on Monday and 102.6 on Friday, ... Read More »

Rupee depreciates against US dollar

KARACHI: Pakistani rupee Friday witnessed depreciation against US dollar in open market, but gained value in interbank on the last day of trading. According to local currency market, US dollar gained 20 paisa in open market and reached 102.6, however, shed 10 paisa in interbank to reach 102.4. On Thursday, US dollar lost 10 paisa in interbank to reach 102.5 ... Read More »

Rupee further strengthens in interbank

KARACHI: Pakistani rupee Thursday gained 10 paisa against US dollar in interbank and remained steady in open market. According to local currency market, US dollar lost 10 paisa in interbank to reach 102.5 and remained steady in open market to stand at 102.4. On Thursday, US dollar lost 10 paisa both in open market and interbank to reach 102.4 and ... Read More »

Rupee consolidates against US dollar

KARACHI: Pakistani rupee Wednesday maintained its grip against US dollar both in open market and interbank as Karachi Stock Market also witnessed a positive trend on the third day of trading. According to local currency market, US dollar lost 10 paisa each in open market and interbank to reach 102.4 and 102.6 respectively. On Tuesday, US dollar shed 25 paisa ... Read More »

Rupee gains value in open market

KARACHI: Fluctuation was witnessed in value of Pakistani rupee against US dollar as rupee gained value in open market, but dropped in interbank on Tuesday. According to currency market, US dollar shed 25 paisa in open market to reach 102.5, while gained 10 paisa to stand at 102.70. On Monday, rupee showed no change in interbank and kept its value ... Read More »

Rupee keeps steadier trend

KARACHI: Pakistani rupee kept steadier trend in interbank and further strengthened in open market against US dollar on the first day of trading week on Monday. As per local currency market, rupee showed no change in interbank and kept its value on 102.6, and even gained value in open market as US dollar shed 10 paisa and stand at 102.75. ... Read More »

Weekly review: Rupee steadier trend persists

LAHORE: The US dollar lost 10 paisas in inter-bank and 5 paisas in open market against Pakistani rupee during the weeklong trading from Monday to Friday. As per detail, the value of dollar in inter-bank market was 102.7 on Monday and 102.6 on Friday against rupee, while, in open market its value was 102.9 on Monday and 102.85 on Friday, ... Read More »

Gold price up in int’l market on strikes against ISIS

SINGAPORE: “Gold added to overnight gains on Wednesday as Asian shares retreated, but investors remained cautious,” agencies reported. As per details, the US-led strikes against militants in Syria failed to sustain the gold prices in international market, even the precious metal is traditionally seen as a safer bet during times of political uncertainty. Moreover, the tensions in Syria, however, curbed appetite ... Read More »