Tag: dollar

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Dollar loses about Rs10 viz Pakistan’s currency

Dollar loses about Rs10 ISLAMABAD: The Pakistani rupee made its first major recovery of around Rs10 to reach a one-week high of Rs228.50 against the...

Dollar appreciation can bankrupt Pakistan like Sri Lanka: Mian Zahid

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance and former Provincial Minister Mian Zahid...

Dollar crosses Rs229 in interbank market

ISLAMABAD: The Pakistani rupee further depreciated on Thursday as the US dollar rose above Rs229.98 in the inter-bank market, setting a new record. As economic...

Dollar gains as Pakistani currency nosedives by Rs5.06 in a day

ISLAMABAD: The Pakistani rupee hit a new low against the US dollar as the currency nosedived Rs5.06 in a single day to Rs216.01 in...

US dollar rides to two-decade highs as yields rise

LONDON: The U.S. dollar climbed to a two-decade high on Monday as rising U.S. Treasury yields prompted hedge funds to add to their bullish...

Re nears 177 against dollar after three-day depreciation

KARACHI: Pakistani rupee weakened against the US dollar for the third straight day, shedding 26 paisas (-0.15 percent) on Wednesday. The State Bank of Pakistan...
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