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Tag Archives: Rupee

Customs Today prediction of rupee devaluation up to 153 vs dollar comes true?  

ISLAMABAD: Sudden devaluation of Pak rupee against the US dollar recorded in interbank trading on Friday morning as rupee hit an all-time high of Rs144. Rupee devaluation is following the same pattern as reported by Customs Today in July 2018 that the Pak rupee could touch the lowest value of 153 against dollar in the medium term due to illegal ... Read More »

Dollar rises by Rs9.74 to touch Rs 134 mark as PTI govt decides to approach IMF

KARACHI: Dollar rate in interbank market on Tuesday increased by Rs9.74 to hit the mark of Rs134. The rate soared by Rs 9.75 at start of the trading today and the market was closed at Rs 124.25 on Monday. Analysts said uncertainty regarding financial position of the country led to the freefall of the dollar. After this sharp increase in ... Read More »

Rupee tumbles 40 paisa against US dollar

ISLAMABAD: The rupee tumbled against the dollar, it, however, scored new increases versus the euro as the single European currency set a fresh 11-year low versus the US dollar in the international market. In the interbank market, the rupee dropped by 19 paisa in terms of the dollar for buying and selling at Rs 101.00 and Rs 101.05 respectively. In ... Read More »

Indian rupee remains under pressure vs dollar last week

MUMBAI: The rupee remained mostly under pressure versus the dollar in the open market previous week, but posted quick confrontation in the interbank market. However, it continued to post a powerful performance against the euro. The local currency started the week at the interbank market by losing six paisas for buying and five paisas for selling, which sent the dollar ... Read More »

Rupee depreciates vs dollar, sheds 15 paisas in open market to reach 101.15

KARACHI: The Pakistani rupee lost value against US dollar in open market, however it remained stable in interbank on the last trading day on Friday. As per local currency market, the US dollar gained 15 paisas in open market to reach 101.15, while it remained unchanged in interbank on 100.60. On Thursday, the American currency lost 5 paisas in open ... Read More »

Rupee depreciates vs dollar, sheds 15 paisas in open market to reach 101.15

KARACHI: The Pakistani rupee lost value against US dollar in open market, however it remained stable in interbank on the last trading day on Friday. As per local currency market, the US dollar gained 15 paisas in open market to reach 101.15, while it remained unchanged in interbank on 100.60. On Thursday, the American currency lost 5 paisas in open ... Read More »

Rupee surges 9 paisa vs dollar in early morning

MUMBAI: The rupee jumped 9 paisa to 63.08 versus the dollar in early trade on Thursday at the Interbank Foreign Exchange on bigger selling of the US currency among a higher starting in domestic equity stocks. Forex dealers said besides continued selling of the American currency by exporters and banks, a higher opening in the domestic equity markets supported the ... Read More »

Rupee strengthens against dollar in open market at 101

KARACHI: The Pakistani rupee Thursday slightly strengthened against US dollar in open market, and also remained stable in interbank. As per local currency market, the American currency lost 5 paisas in open market to reach 101 and remained unchanged at 100.60 in interbank. On Wednesday, the US dollar remained firm both in interbank and open market at 100.6 and 101.05 ... Read More »

Rupee remains firm against dollar at 100.6

KARACHI: The Pakistani rupee Wednesday remained firm against US dollar both in open market and interbank. As per local currency market, the US dollar remained unchanged in interbank and open market at 100.6 and 101.05 respectively. On Tuesday, the US dollar gained 20 paisas in interbank to reach 100.6 in interbank and 5 paisas in open market to stand at ... Read More »

Rupee weakens vs US dollar, sheds 20 paisas in interbank to reach 100.6

KARACHI: The Pakistani rupee Tuesday weakened against US dollar both in open market and interbank. As per local currency market, the US dollar gained 20 paisas in interbank to reach 100.6 in interbank and 5 paisas in open market to stand at 101.05. On Monday, the American currency remained unchanged both in interbank and open market at 100.4 and 101 ... Read More »

Rupee remains firm vs US dollar at 100.4

KARACHI: The Pakistani rupee Monday remained firm against US dollar both in open market and interbank. As per local currency market, the American currency on the first trading day remained unchanged both in interbank and open market at 100.4 and 101 respectively. On Friday, the US dollar gained 45 paisas in open market and reached 101. The greenback shed 10 ... Read More »

Indian rupee slides by 8 paisa against US dollar

LONDON: The rupee staged slightly revival but was still trading weaker by 8 paisa to 63.37 against the US dollar in late morning trade on new dollar demand from banks and importers on the back of higher greenback in the world market. The rupee resumed lower at 63.43 per dollar as against the last weekend’s level of 63.29 at the ... Read More »

Rupee depreciates by 45 paisas against dollar to reach 101 in open market

KARACHI: The Pakistani rupee Friday weakened against US dollar in open market, however it gained value in interbank. As per local currency market, the US dollar gained 45 paisas in open market and reached 101. The greenback shed 10 paisas in interbank to close at 100.4 on the last trading day. On Thursday, the American currency got 10 paisas in ... Read More »

Rupee strengthens vs dollar, gains 30 paisas in open market to reach 100.65

KARACHI: The Pakistani rupee Thursday strengthened against dollar in open market, however it weakened in interbank. As per local currency market, the American currency got 10 paisas in interbank to reach 100.6 and shed 30 paisas to close at 100.65 in open market. Previous day, the US dollar gained 10 paisas in interbank to reach 100.5 and 20 paisas in open market ... Read More »

Rupee remains firm against dollar at 100.4 in interbank

KARACHI: The Pakistani rupee Monday remained firm against US dollar both in interbank and open market. As per local currency market of the first trading day, the greenback remained unchanged at 100.4 in interbank and 100.75 in open market. On Friday, the US dollar gained 10 paisas each in interbank and open market to reach 100.4 and 100.75 respectively. Read More »

Rupee depreciates by 10 paisas against dollar to stand at 100.4

KARACHI: The Pakistani rupee Friday lost value against US dollar both in interbank and open market. As per local currency market, the US dollar gained 10 paisas each in interbank and open market to reach 100.4 and 100.75 respectively. On Thursday, the greenback lost 35 paisas in interbank to reach Rs100.3 and remained unchanged in open market at Rs100.65. Read More »

Rupee strengthens vs dollar, gains 35 paisas to reach 100.3 in interbank

KARACHI: The Pakistani rupee Thursday strengthened against US dollar in interbank, and remained unchanged in open market. As per local currency market, the greenback lost 35 paisas in interbank to reach Rs100.3 and remained unchanged in open market at Rs100.65. On Wednesday, dollar traded at minimum rate of Rs100.60 and maximum rate of Rs100.65 in interbank, while it was traded ... Read More »

Rupee remains stable against dollar at 100.3

KARACHI: The Pakistani rupee Tuesday remained stable against US dollar in interbank, however it lost value in open market. As per local currency market, the greenback remained unchanged in interbank at 100.3 and gained 10 paisas in open market at 100.65. On the first trading day, the US currency was at 100.3 and 100.65 in interbank and open market respectively. Read More »

Rupee stands firm vs dollar in interbank at 100.3, open market at 100.65

KARACHI: The Pakistani rupee Monday remained firm against US dollar both in interbank and open market. As per local currency market, the greenback remained unchanged in interbank at 100.3 and in open market at 100.65 on the first trading day. On Friday, the US currency lost 45 paisas in open market to reach 100.65 and remained unchanged in interbank at ... Read More »

Indian rupee continues upward rally against dollar, euro

MUMBAI: The rupee continued its gain against the dollar and the euro in the local currency stocks previous week, conquering frights in worldwide stocks and commodity markets. Nonetheless, a slowdown in trading activities was witnessed mid-week as the country reeled from the murderous assault on schoolchildren in Peshawar on December 16. The rupee commenced the week on the interbank market ... Read More »