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Dollar ditches rupee further, rupee losing value fast
Karachi. August 24, 2022. The US dollar made another major stride by gaining Rs 0.75 against the local currency in interbank trade on Wednesday. The dollar traded at Rs 218.50 in interbank trading. It had closed at Rs 217.75 on Tuesday…
Dollar’s bashing brings PKR under pressure again
KARACHI : August 23: The US dollar is on rampage again in the local currency as it gained another one rupee against the rupee in the first session on Tuesday . With an increase of one rupee US dollar traded in interbank at Rs 217.60 . It…
SBP maintains policy rate at 15 % for now
KARACHI . August 22, 2022. The Monetary Policy Committee (MPC) decided to maintain the policy rate at 15 percent. To cool the overheating economy and contain the current account deficit, the policy rate has been raised by a cumulative 800…
Dollar up again, rupee loses value
KARACHI. August 22, 2022. Updated at 4.40 PM
US dollar on Monday made another gain of RS 0.70 to take it one day gain in interbank trade to Rs 1.75 at the closing of day business. The US currency gain of Rs 1.75 on Monday is a big blow to…
Brazilian envoy calls for enhancing Pakistan, Brazil trade
ISLAMABAD. August 19, 2022. The first meeting of Pakistan Brazil Business Council of FPCCI 2022, chaired by Umar Masood ur Rehman Vice President FPCCI, held at FPCCI Capital Office Islamabad.
The meeting was also graced by the Brazilian…
SBP to announce monetary policy on August 22
KARACHI : August 19, 2022: The Monetary Policy Committee (MPC) of SBP will meet on Monday, August 22, 2022 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a press
release…
Dollar value . Where is it heading to?
KARACHI. August 19, 2022. US dollar lost slightly in interbank trading on Friday. Its value slightly went down as it traded at Rs 214.90 against Rs 215 of Thursday.
But in the open market , US dollar value was recorded at Rs 216 . US…
Rupee starts to shine against USD again
KARACHI: August 18, 2022. The rupee showed some resistance to US dollar as the latter shed Rs 0.25 in the first session of interbank trade on Thursday.
US dollar traded at 215 in the first half day on Thursday. It had closed at 215.25 on…
Honda , Suzuki cars prices go down
ISLAMABAD : August 17,2022. Following Indus Motor, Honda Cars and Suzuki Motors have reduced the prices of their variants ranging between Rs 280,000 and Rs 550000.
Honda Cars reduced the car prices ranging from Rs 280,000 to Rs 550000…
Where USD value ended-up in local currency market on Wednesday?
KARACHI : August 17, 2022.Updated at 4.30 PM
In the second session, USD strengthen its gain and closed at 215.25 in interbank trading . Its total gain on Wednesday 1.35 against the local currency. In open market . USD closed at 214 at end…
