KARACHI: The Pakistani rupee on Monday sank to an all-time low against the US dollar over forex reserve fears as the country repaid $146 million to the International Monetary Fund.
The rupee fell to 100.1 to the greenback in trading in Karachi, down from 99.30 on the open market Friday, and has now lost 39 [...]
Gold Prices in PKR from January 1995 onward. Per Gram prices are aproximate. Prices are based on data from Index Mundi. Troy ounce= 31.1034 Grams Gold – Monthly Price (Pakistan Rupee per Troy ounce & per Gram) Month Price Troy ounce Change Price per gram Jan-95 11,705.85 – Rs. 376 Feb-95 11,663.14 -0.36% Rs.375 [...]
KARACHI: The Pakistani rupee traded at a record low on Wednesday hurt by import payments and a bleak economic outlook for the country.
According to the interbank rate, the rupee was trading at Rs 90 to a US dollar.
Tuesday, 20th December
The dollar recorded growth against the rupee in the interbank market, dealers said [...]
Buying pressure eroded the rupee value against the dollar to another record-low of 85.69 on Friday, dealers said.
“The market responded to the International Monetary Fund (IMF) statement of early release of tranche, but buying pressure depreciated the local currency,” said M Mustufa Jan, Head of Forex Research, KASB Securities Pvt Limited.
The rupee closed [...]
KARACHI: The rupee hits an all-time low of 85.51 against the dollar on Wednesday in the wake of payments pressure by the importers, dealers said.
In the inter-bank market, the rupee slipped by 11 paisas to close at 85.51 to a dollar from the previous day’s close of 85.40.
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By Gohar Ali Khan
KARACHI: Gold prices climbed for the second straight day on Saturday to a new high of Rs34,114 per 10 grams after a sharp surge in the international prices, fuelled by sovereign debt worries and a weak euro, dealers said.
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USA 84.10 83.90 UK 128.27 127.96 Euro 111.19 110.92 Canada 82.68 82.49 Switzerland 77.61 77.43 Australia 77.75 77.57 Sweden 11.55 11.52 Japan 0.8957 0.8936 Norway 14.17 14.14 Singapore 61.27 61.12 Denmark 14.94 14.90 Saudi Arabia 22.43 22.37 Hong Kong 10.83 10.81 China 12.32 12.29 Kuwait 291.46 290.76 Malaysia 26.21 26.15 Newzealand 61.25 61.10 Qatar [...]
KARACHI: The rupee crossed the Rs87 mark against the US dollar in the open market on Monday as people started hoarding the foreign currency in the wake of State Bank’s requirement to show personal ID for purchase or sale of greenback.
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KARACHI: The American currency recorded gains against the rupee in the interbank market, dealers said on Friday.
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Following are rupee exchange rates against major currencies on 22nd January 2010.
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By Shahid Iqbal
KARACHI: The rupee fell to a record low against the dollar on Monday while it already lost almost Re1 since the private sector was given sole responsibility to pay the entire oil bills.
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17th November 2009
By Samia Saleem
KARACHI: Gold price scaled a fresh high on Tuesday to reach Rs36,150 per tola, marking an increase of Rs300 in a day.
The value of gold in the local markets is now Rs300 higher than Dubai. “This happened due to rising demand of gold in the country,” said Haji [...]
KARACHI: The rupee maintained stability versus the American currency in the interbank market, dealers said on Friday.
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KARACHI: Pakistani rupee is likely to gain gradually against the US dollar during the rest of the year, says a foreign exchange analyst of a leading foreign bank.
Priyanka Chakravarty, an India based FX strategist at Standard Chartered Bank, says the IMF’s decision to allocate an additional $3.2bn to Pakistan, and the ensuing sovereign credit [...]
Dollar gains strength vs rupee
The dollar gained up grounds against the rupee in the interbank market, dealers said on Monday.
The dollar commenced the day’s trading at Rs 82.04 for buying and after incurring gains was changing hands at Rs 82.12 for buying and at Rs 82.17 for selling. Therefore, the rupee incurred a [...]
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