Thursday, 25 April 2024

INR / PKR

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Recent News

  • Pakistan borrows USD 500 million from China

    21:43 | 17/2/18
    Business Line
    The Express Tribune reported that the with new borrowing the Chinese financial institution's contribution to supporting a strong Pakistani rupee against the US dollar increased to USD 1 billion in just three months. It further reported quoting sources ... more»

  • What does the rupee's latest devaluation mean?

    09:48 | 3/2/18
    Daily Times
    Last year, the Pakistani rupee suffered the greatest devaluation witnessed in the last 10 years. On July 5 2017, the rupee fell 3.1 per cent to 108.1 against the dollar, the lowest level since December 2013, according to the data compiled by Bloomberg ... more»

  • Pakistan currency plunge stokes inflation fears

    04:33 | 22/12/17
    Arab News
    A currency dealer counts Pakistani rupees and U.S. dollars at his shop in Karachi October 8, 2008. (REUTERS). Related Articles. more»

  • Forced devaluation of rupee: a recipe for disaster

    15:00 | 30/10/17
    DAWN.com
    However, by looking at past events shows the myth that 'devaluation has never worked in Pakistan' is false. For example, during 1982 to 1988 the government implemented a policy of exchange rate reforms and allowed the rupee to devalue - the ... more»

  • SBP yet to complete probe into rupee devaluation

    13:52 | 19/8/17
    The Nation
    ISLAMABAD - The State Bank of Pakistan (SBP) has yet to complete the investigation of sharp increase in dollar value against rupee that gained Rs3.12 in a single day on July 5. The US dollar has surged to Rs108.25 on July 5 from Rs104.9 of a day before. more»

  • Latest gold, forex rates in UAE

    17:25 | 14/8/17
    Emirates 24|7
    Emirates 24|7 brings you the daily Dubai gold rate (22k, 24k, 21k and 18k), as well as currency exchange rates, including the Indian rupee, Pakistani rupee, Philippine peso, Sri Lankan rupee, sterling pound, euro and may more against the UAE dirham (US ... more»

  • Panama case verdict sparks fears of rupee devaluation

    08:26 | 29/7/17
    Daily Times
    KARACHI: With the disqualifications of Prime minister (PM) and Finance Minister, analysts say the fears of a sharp devaluation of Pakistani Rupee are likely to come to the fore-front now. During the first post Panama verdict trading session; KSE-100 ... more»

  • Pakistani Rupee Falls Amid Fears Of Sharif Govt's Fall

    20:48 | 15/7/17
    South Asian Link
    The depreciation of the Pakistani currency took place amid fears that Prime Minister Nawaz Sharif would be disqualified later this year. more»

  • Pakistani rupee rebounds after shock plunge

    00:11 | 8/7/17
    Financial Times
    Pakistani's rupee has recovered some poise after a shock plunge against the dollar that has escalated tensions between the government and central bank. more»

  • Chinese whispers after Pakistan's currency nosedives

    19:09 | 7/7/17
    Quartz
    Within hours, the currency slumped 3.1%, its sharpest drop in a single day since 2008, sending panic waves across south Asia's-second-largest economy. more»
Global Indices
CodeLastChange
COMP10,3213283.08%
DJI29,6354041.34%
SP5003,583872.37%
DAX12,438820.67%
FTSE7,48850.07%
NI22522,4204081.86%
TWI67.270.000.00%