Rupee

Currency loses some value for 2nd day in a row; gold rises Rs1,600

US dollar fell by 2 paisa to Rs278.38 in the interbank market and by 9 paisa to Rs280.18 in the open market

Currency drops after SBP reported C/A deficit for first time in 4 months

Monetary easing likely to create additional demand for import payments

Currency hits three-week high at Rs278.20 vs dollar

Rupee remains under pressure, closes at Rs278.39/$

Currency briefly extended gains by Rs0.13 and reaches intra-day high at Rs278.17 against greenback

Currency has largely remained stable as it continued to move in range of Rs278-278.50/$ over the past several weeks

Overall, the currency remained stable, fluctuating in the range of Rs278-278.50/$ for several weeks

Currency recovers Rs0.17 to Rs278.33/$ as new capital boosts market confidence

Forex reserves recede from 10-month high, but stay above $9b

Investment reaches $35.6m in May on higher returns, stable rupee

Treasury firm Tresmark recently described the Pakistani currency level of Rs278.21/$ as “overvalued”

Declared best performing currency in region as RDA inflows surge beyond $8b

Currency surges to Rs278.21/$ amid positive economic developments, rising forex reserves

The global lender has assumed that Pakistani currency will drop to Rs329/$ in the next 13 months till June 30, 2025

Dollar’s global strength piles pressure on Pakistani currency

Sheds Rs0.09 to Rs278.30/$ amid surge in trade deficit

Fund assumes rupee will devalue to Rs329/$ or 18% by June next year

Currency gains Rs0.19 to Rs278.21 against US dollar

Currency depreciates Rs0.08 vs dollar on market speculation

Currency consolidates at current levels on hopes of $7-8b loan package

The currency also came under pressure in the backdrop of an IMF report that pointed to political uncertainty

Currency gains Rs0.08 to Rs278.12 vs dollar in inter-bank trade

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

Central bank being urged to call emergency monetary policy meeting

Fresh loan tranche will further extend support to local currency

Remittances hit a two-year high of nearly $3 billion in March

Currency edges down just Rs0.02 at Rs278.39 vs dollar

Some financial experts believe rupee will continue to appreciate

Aurangzeb anticipates decrease in inflation to single digits by next year

Closes at Rs278.31/$ as reserves show stability despite debt repayment

Only thing which can be a wild card is international oil price, says finance czar

Gold continues to surge, stands at new record high

Rupee loses ground, hits nearly four-week low vs dollar

SBP’s foreign currency reserves drop nominally to $8.04b

Depreciates for 6th straight day ahead of $1b Eurobond payment

Indicates stability as forex reserves continue to grow

Currency dealers still believe that rupee has the potential to recover to Rs250-260/$ in the coming weeks and months

The latest improvement took cumulative gains in the local currency to 10.53%

Currency stays at 5-1/2-month high on better dollar supply

Currency maintains rising streak for 12th straight day

The currency has cumulatively gained 10.41%, or Rs28.95, in the past six and a half months

Maintains winning streak for 8th straight day on better dollar inflows

Currency’s momentum sustained by growing forex reserves, potential Panda bond issuance

Currency gains value in backdrop of IMF staff-level agreement

The currency got support from the ongoing smooth talks with the IMF for the release of last tranche of $1.1 billion

The currency received a boost from a $17 million increase in the country’s foreign exchange reserves (held by the SBP)

Wednesday’s close was the highest level since October 17, 2023, when rupee stood at Rs277.03/$

Says faulty notes can be exchanged at any of the 16 designated offices of central bank