169.12. According to an update posted at 10: 52am on Mettis Global, a web-based financial data and

The rupee lost ground against the dollar in the interbank market on Wednesday afternoon after it registered a modest gain in the morning. According to the Forex Association of Pakistan( FAP), the greenback was trading at Rs202.50 around 12: 30pm after gaining 50 paisa against the previous day's close of Rs202.... " First is[ the resumption of the loan facility by the] IMF and second, Saudi Arabia funds roll over.... And last but not the least, the treasury flow from Beijing," he added....

After three straight days of ascent, the US dollar slid 55 paisa in the interbank market on Wednesday as pressure on the rupee eased. According to the Forex Association of Pakistan( FAP), the greenback was trading at Rs201.45 around 11: 50am after losing 55 paisa against the previous day's close of Rs202.... " One is[ the resumption of the loan facility by the] IMF and second, Saudi Arabia funds roll over.... And last but not the least, the treasury flow from Beijing," he added....

The US dollar appreciated by more than Rs2 in the interbank market on Monday to cross the Rs200 mark, with analysts forecasting that the rupee would continue to fall as outflows for oil payments and other imports persist while matters with the International Monetary Fund( IMF) are yet to be finalised. According to the Forex Association of Pakistan( FAP), the greenback gained Rs2.25 to reach Rs200.40 against the previous close of Rs198.15.... This was after the greenback's persistent rise on acc

The US dollar made a new high against the rupee on Monday, soaring to Rs173 in the interbank market.... Effects of IMF's talks being seen in market: Paracha Zafar Paracha, the chairman of the Exchange Companies Association of Pakistan, told Dawn. com that the sudden surge in the dollar's value was a" concerning matter" for him.... Paracha further said that uncertainty in the market would remain and its effects would be felt until the IMF deal was finalised.He said that the officials who trying

The US dollar on Friday reached an all-time high against the rupee, soaring to Rs176 in the interbank market in intraday trading.In the open market, meanwhile, the dollar rose by Rs1.70 and was being traded at Rs178 around 12: 30pm. Zafar Paracha, chairman of the Exchange Companies Association of Pakistan, told Dawn. com that the dollar had depreciated to Rs169.50 after Saudi Arabia revived financial support and oil supplies to Pakistan, however," the statement from the finance adviser( Shaukat

The US dollar closed at the startling milestone of Rs200 in the interbank on Thursday afternoon, gaining Re1.00 from the previous day's close of Rs199, data by the Forex Association of Pakistan( FAP) showed. According to FAP data, the US currency reached the all-time high of Rs200.10 around 1: 45pm in the interbank market before settling to Rs200 by close.... " Meanwhile, exporters are holding their earnings outside the country amid a consistent fall in the rupee's value," he said.' Blackest Da

The last time the dollar reached an all-time high was on April 1, when it crossed the Rs189 mark.... The rupee had been losing its value mainly because of an uncontrolled rise in imports and a relatively slower pace of growth in exports.... This was reflected in the trade deficit, which reached$ 39 billion in July-April. Currency dealers said higher demand for dollars was the key reason for the bullish trend in the currency market....

Indian pop group Bombay Vikings were wrong when they sang “ good times are here to stay ”.... And for real this time, or so the data seems to suggest. The slowdown in fundraising activity is quite clear: global funding dipped to$ 45 billion in April, according to Crunchbase.... And as for crypto, you-know-what is hitting the fan, with dip after dip after dip....

The US Dollar on Wednesday continued its surge against the rupee as it created a new high for the second straight day, rising to Rs169.6 in the interbank market at the onset of the trading session.... Another factor that has accelerated the pace of buying of dollars from the open market is the deadline for surrendering Rs40, 000 bonds.... The government has fixed September 30 as the last date to liquidate the bonds....