Tuesday, October 19, 2021

Open market

Major decline witnessed in Rupee against USD, Bostan slams critics on Rupee rumors

The Pakistani rupee shed Rs2.0 against the US Dollar in the open market on Saturday, which closed at Rs144. Rupee has shed Rs3.0 against the greenback in this week. Economists expressed concerns over the continuous depreciation in rupee value saying...

Rupee sharply declined against USD as tension grows with India

Pak rupee shed 38 paisas against dollar on Tuesday to close at Rs139.06 compared with the last closing of Rs138.68 in inter-bank market. Although the demand and supply situation remained balance, the heightening tension with India spread a little panic...

Rupee gain against USD in open market

Pak rupee gained one paisa on Saturday against US dollar closing at Rs138.83 as against previous day's closing of Rs138.84.   There was little demand from exporters and corporates, while flows from export receipts and foreign remittances kept coming in.   Malik...

USD moved in narrow range, closed at Rs 139

The US Dollar moved in a narrow of range of 05 paisas between the low of Rs138.86 and high of Rs138.91 in the inter-bank market, and closed at Rs139 on Wednesday.   The greenback remained pressure free as the demand...

Rupee remain stable against USD in open market

Rupee remained stable against the US dollar on Tuesday as the demand and supply remained balanced.   The inter-bank US dollar closed at Rs138.90 as the demand for import payments and corporate sector was offset by remittances and export receipt.   Malik...
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Latest News

PTCL group cements its market standing: increase of 7% revenue

The country’s leading telecom and ICT services provider, Pakistan Telecommunication Company Limited (PTCL), posted a significant 7.3%growth in its...
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