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BUSINESS
Saudi Riyal , UAE Dirham rates in Pakistan today
KARACHI: Nov 28,2022: The rupee is continuously under pressure in the local currency market . For the last around 15 consective working sessions, the local unit is losing its value to US dollar .
In interbank, US dollar gained another 25…
Banking sector’s money making spree pushes dollar rates up illogically
KARACHI :. Nov 24,2022. US dollar maintained its gaining streak in interbank on Thursday.
In interbank , US currency moved up to Rs 223.90 from last day's value of Rs 223.75.
In interbank US currency rates are going up on almost daily…
US dollar keep hammering green back
KARACHI: Nov 23,2022: US dollar made handsome gain against the rupee in interbank and closed at the end of session at Rs224 on Wednesday .
In the morning session, the rupee was showing stability against US currency and pegging at Rs…
SBP’s monetary policy committee scheduled to meet on Nov 25
KARACHI: Nov 22, The State Bank of Pakistan (SBP) has announced to
review monetary policy on November 25,2022 (Friday).
Since taking over by Ishaq Dar, as a Finance minister in October last, SBP has not made any change in its policy…
Political turmoil bites ; Dollar takes big stride against rupee
KARACHI:. Nov 21,2022:. US dollar continues its gains against the local currency . Basically, two factors are putting pressure on the rupee. One , receding forex reserves are making the rupee stumble . Second, on-going political turmoil is…
Violation of regulations; SBP suspends two more forex companies
KARACHI : Nov 19,2022: The State Bank of Pakistan (SBP) has suspends the authorization of M/s Orient Exchange Company-B
(Pvt) Limited and M/s Best Way Exchange Company-B (Pvt) Limited.
SBP has suspended, with immediate effect the…
Rumour mongering at work: US dollar ditches rupee in open market
KARACHI: Nov 17, 2022; In a major jolt to the rupee, US dollar soured by Rs 1.75 in open market in mid-day trade on Thursday
With the latest increase, US dollar soared to Rs 227.25 in open market against last day’s rate of Rs 225.50.…
US dollar makes gains in interbank; rupee finds ground in open market
KARACHI: Nov 16,2022:. With going forex reserves low to an alarming level , US dollar has again taken upward flight against the local currency..
US dollar appreciated by 30 paisa and closed at Rs 222.20 in interbank in the first session…
“Saudi Build” exhibition in Riyadh, Pakistani products get overwhelming response
RIYADH : Nov 15,2022: "Saudi Build" , an international exhibition of construction companies has commenced in Riyadh, Saudi Arabia .
As many as one dozen Pakistani companies are a part of "Saudi Build " international exhibition.…
Rupee keeps US dollar at bay ; no change in currency rates today
KARACHI: Nov 14, 2022: Despite runours in social media of the rupee , the currency market remained stabile and there was no fluctuation seen in the rates of US dollar or the local currency.
On the first working day of the week, US dollar…
