Rupee Weakens To Record Low Against US Dollar Amid Iran-Israel Conflict – NDTV
The rupee opened at 83.51 rupees against the dollar. Mumbai: The rupee weakened by 9 paise to 83.53 rupees against the US dollar in early trading on Tuesday, weighed down by the strong US currency and rising oil prices. Forex traders said negative trends in domestic stocks and continued overseas capital outflows also worsened investor […]
Rupee likely to remain stable on hopes of new IMF deal – Geo News
An employee counts Pakistani rupee notes at a bank in Peshawar, August 22, 2023. – Reuters Rupee: 290-310 rupees against the dollar: Survey. Opinion polls say the local currency is unlikely to depreciate significantly. Pakistan is seeking a “long-term” IMF bailout program. KARACHI: The rupee is likely to remain stable in the coming months on […]
Rupee likely to remain stable amid dollar inflows ahead of Ramadan – Geo News
Traders say IMF review and monetary policy will be key factors in determining the direction of the rupee A Pakistani shopkeeper counts money at his shop in Islamabad. — AFP/File The rupee ended this week at 279.19 against the dollar. Traders say there is no major pressure from the demand side. USD/PKR remains […]
Rupee faces test of stability amid political crisis post-polls – Geo News
Currency markets are believed to be under control, even though analysts are refraining from predicting interest rates due to political reasons… A man counts Pakistani rupee banknotes at a currency exchange office in Peshawar, Pakistan, September 12, 2023. The rupee ended the week at 279.33 against the dollar on Friday. Currency markets are […]