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  • 0.0029
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  • 52wk High:
    0.1993
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  • 16:17
    Mar, 28
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Currency News

Pak rupee on slippery road

16 Dec 2017 10:52Khaleej Times
The Pakistani rupee has witnessed volatility in the past week, losing as much as four per cent of its value as the State Bank of Pakistan allowed the currency to depreciate in a controlled manner. more

Some Pakistani Experts See No End to Nation's Economic Slide

14 Dec 2017 17:37Voice of America
The International Monetary Fund isn't happy about all the red ink and has questioned how Pakistan could pay back funds for a massive hydroelectric project that China has offered to build. more

UPDATE 1-IMF says devaluation of Pakistani rupee helpful for economic growth

14 Dec 2017 12:07Reuters
The rupee started weakening after the central bank withdrew its support for the currency last Friday. Since then, the rupee has fallen as low as 110 per dollar after opening at 105.55 on Friday. It has mostly traded at 104 to 105 per dollar since ... more

Pak rupee's fall induces UAE gush in remittances

13 Dec 2017 07:07DunyaNews Pakistan
The country received nearly $20 billion in remittances globally, the country's second biggest source of income after exports, according to statistics from the State Bank of Pakistan. Nearly half of the remittances come from the Gulf region. However ... more

Pak rupee devaluation prompts UAE surge in remittances

13 Dec 2017 02:26ArabianBusiness.com
Pakistani expats are rushing to money exchanges to remit money home in the wake of a devaluation in the rupee, according to the activity registered by the UAE's trade body of money exchanges and foreign currency remitters. more

Pakistani rupee devaluation raises fuel price hike fears

13 Dec 2017 00:33ARY NEWS
KARACHI: In backdrop of the falling value of Pakistani rupee against the US dollar in local market, prices of petroleum products are feared to increase in the coming days. more

Devaluation Drags Pakistan Rupee to Bottom of Currencies

12 Dec 2017 07:18Bloomberg
“There is more focus on dealing with economic issues now,” said Waqar Masood, a former Pakistani finance secretary. Pakistan is also targeting a 10 percent jump in exports this financial year after giving tax breaks to businesses, in a bid to reverse a ... more

Pakistani rupee weakens further to reach 110.64 a dollar

12 Dec 2017 05:31DunyaNews Pakistan
Dollar made hatrick and rose sharply against rupee. Dollar made a low of 109.30 rupee, made a high of 111 rupee while close at 110.64 rupee. During second day of the new week, dollar gained almost Rs 2.23 to Rs 110.64 while in the open market it rose ... more
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