rupee. dollar

Currency gains Rs0.12 vs dollar in inter-bank market

Domestic currency had experienced a sharp drop of 1.16% reaching a one-week low at Rs280.29 per US dollar yesterday

Rupee-dollar rate, coal prices, RLNG cost major factors that determine capacity payments

IMF assumption suggests average exchange rate to hover around Rs305 by June 2024

Analyst says improvement in country's political situation buoyed business sentiment in interbank market

Local currency has dropped 16.5% since the artificial cap was removed last week

Former finance denies reports of new political party; says won’t take part in electoral politics in the future

Move expected to pave way for revival of IMF loan programme

Panic in the market is primarily due to political turmoil, which will subside in a few days: Miftah

Pakistan is expected to receive around $1.2 billion in the next loan tranche from the IMF

Finance minister says China visit going 'very successful', good news for economy expected

Depreciates Rs0.65 against US dollar on Wednesday to a new all-time low

On September 2, Pakistani rupee became the worst-performing currency in Asia

IMF asked Pakistan to end state control of rupee and let currency move freely to find its equilibrium against dollar

Increase attributed to proceeds of $2.5b from Eurobond issue

The rupee weakened against the dollar at Rs168.43 in the inter-bank market

Some dealers buy greenback for as low as Rs115, sell it for Rs126

The currency market has fluctuated regularly in recent months with hefty rises and falls on some occasions