of the rupee to the unchanged interest rate by the State Bank of Pakistan in the recent monetary

India's banking system liquidity deficit widened on Tuesday to the highest in nearly five years on

people familiar with the matter.... Such operations could effectively inject rupee liquidity into

dollar-rupee pair on Friday, seeking to reduce speculative positions with the currency at a record

KARACHI: The crackdown against illegal currency dealers has kept the exchange rate under control so far as the dollar lost in both the open and interbank markets. The State Bank reported the closing price of dollar as Rs294.90, noting a depreciation of Rs1.05.... Now the inflows are being directed towards the banking channel.In FY23, due to a large grey market, the country lost$ 4. 2bn.... Private sector borrows mostly to meet its working capital needs. Published in Dawn, September 20th, 2023.

The rupee is set to drop about 4% this year in a fourth straight year of losses. Stocks on The

liquidity expected later this year, as India's macro-economic fundamentals are strong, Chief Economic

The rupee depreciated by 8 paise to 82.74 against the US dollar in early trade on Friday, tracking

liquidity has been in deficit for some time, leading to a rise in overnight rates.... The RBI’s

The rupee reversed its early gains to settle 6 paise weaker at 86.89 per dollar against the