Rupee continues upward trajectory | The Express Tribune

KARACHI: The Pakistani currency continued its upward trajectory, reaching a two-month high at slightly over Rs281.50 against the US dollar in the interbank market on Thursday. This marks the second successive working day of gains, supported by the government’s commitment to crack down on currency smugglers and hoarders. According to the State Bank of Pakistan […]

Amazon continues to sell clothes hook spy cameras after US lawsuit: report

The regular-looking plastic ‘spy’ hook is campaigned as a perfect fit for the living room in a house that can record video for 90 minutes and the battery lasts up to 2 hours. — Amazon Amazon is selling spy cameras disguised as laundry hangers, despite being sued over the devices by a woman in the […]

PSX continues to make gains, crosses 56,000 milestone

Pakistani traders stand beneath an electronic board displaying share prices at the Pakistani Stock Exchange (PSX). — INP/File  KARACHI: The Pakistan Stock Exchange (PSX) continued to make gains as it peaked at an all-time high by crossing the 56,000 mark on Monday.  The KSE-100 index reached 56,176.16 points during the intraday trading, up by 784.80 or […]

PSX crosses 56,000 points as rupee continues downward trend | The Express Tribune

KARACHI: The Pakistan Stock Exchange (PSX) surpassed another milestone of 56,000 points to reach a new all-time high, extending the record-making spree on Monday. At the same time, the Pakistani rupee dropped to a six-week low of Rs288 against the US dollar in the inter-bank market due to an increase in demand for the greenback. […]

PSX touches new heights as rupee continues downward trend | The Express Tribune

KARACHI: The Pakistan Stock Exchange (PSX) hit a new all-time high and crossed the 55,000 points barrier for the first time in history while the local currency slumped to a five-week low of Rs287.5 against the US dollar in the inter-bank market during morning trading hours on Friday.  PSX benchmark KSE-100 Index touched 55,268 points, soaring by […]

Rupee continues to slide on 10th day | The Express Tribune

KARACHI: The Pakistani currency continued its slide for the tenth consecutive working day, reaching a one-month low above Rs284 against the US dollar in the interbank market on Friday. According to State Bank of Pakistan (SBP) data, the local currency dropped by 0.31%, or Rs0.88, to close at Rs284.31 against the greenback. This decline amounts […]

Rupee continues to rally against US dollar, gains Rs1.04 | The Express Tribune

ISLAMABAD: Pakistani rupee on Tuesday witnessed its 20th consecutive recovery session as it gained Rs1.04 against the US dollar in the interbank trading and closed at Rs285.72 against the previous day’s closing of Rs 286.76. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market […]

Rupee continues its rising streak for 15th straight session

A currency dealer can be seen counting $100 notes while Rs5,000 notes are placed on the table. — AFP/File The Pakistani rupee maintained its upward trajectory against the US dollar for the 15th consecutive session on Monday. The local unit gained Re0.9 against the greenback in the interbank market today. The PKR closed at Rs290.86 […]

Rupee surges Rs1.04 against US dollar as recovery continues | The Express Tribune

ISLAMABAD: Pakistani rupee on Tuesday witnessed the 11th consecutive recovery session as it gained Rs1.04 against the US dollar in the interbank trading and closed at Rs 294.90 against the previous day’s closing of Rs 295.94. The recovery of the Pakistani rupee comes on the back of strong support from administrative measures like a crackdown […]

Gold continues to lose value in Pakistan as rupee appreciates

Price of gold in the international market increases by $7 to $1,926 from $1,919. — AFP/File ISLAMABAD: As the rupee gained ground against the US dollar the per tola price of 24 karat gold declined by Rs2,600 and was sold at Rs209,400 on Monday compared to the Rs212,000 close it did last week. The price […]

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