Currency Market Stays Calm in Pakistan
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Currency Market Stays Calm in Pakistan

The Pakistani Rupee saw little movement against major global currencies on Wednesday, with the US Dollar retaining its position in the open market. According to the latest data, the Dollar was traded at Rs 284.65 for buying and Rs 285.25 for selling. In interbank dealings, the greenback was exchanged at Rs 282.15. The stability followed…

PKR Strengthens as Remittances Rise
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PKR Strengthens as Remittances Rise

The Pakistani rupee extended its gains against the US dollar in the inter-bank market last week, appreciating by Re0.25, or 0.09 percent. According to figures from the State Bank of Pakistan (SBP), the local currency closed at 282.47 on Friday, compared to 282.72 a week earlier. Inflows from overseas workers continued to support the currency,…

PKR Rises for Ninth Straight Session
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PKR Rises for Ninth Straight Session

The Pakistani Rupee continued its upward momentum against the US Dollar for the ninth consecutive trading day, closing in green on Monday. It also gained ground against the British Pound in interbank trade. According to market data, the interbank exchange rate improved to 282 per dollar during the session and held firm until market close….

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