3rd July – Monday The week started with a bloodbath, the investors were spooked with overwhelming coverage of JIT proceeding during the Eid holidays. The week declined to a total of 2.88percent. Since being included
Finance Division has officially asked the Governor, State Bank of Pakistan (SBP), to initiate an inquiry into the sharp deterioration of PKR-US$ exchange rate in the interbank market on 5th July 2017, and to send a
President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain on Friday lauded Federal Finance Minister Senator Ishaq Dar reversing record exchange rate erosion without any delay. The business community highly appreciates timely intervention by the finance
The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Thursday voiced concern over the sudden erosion in the exchange rate terming it against the national interests and unacceptable. The local currency has nosedived after remaining
The Federal Minister for Finance Ishaq Dar said a probe would be conducted to find out why the rupee declined and who led to a decline in the domestic currency versus dollar. Federal Minister Ishaq
PML-N to retain Power in 2018 Election China Will Remain Pakistan’s Leading Economic Partner Government to Face Opposition to Sell-Off State Run Units Inflation to Pick Up Owing to Global Energy Price Increase PKR expected
In a recent development after a bizarre day in the FX markets when the PKR depreciated 3percent in just one day against the 3 year average depreciation of 1 percent, the PKR recovered after today’s
Finance Minister, Senator Mohammad Ishaq Dar will chair a meeting of CEOs / Presidents of banks Thursday (6th July) morning. The meeting will held to find out reasons why rupee slid sharply against green back.
The State Bank of Pakistan and Minister of Finance appeared to be at loggerheads as both issued conflicting statement in relation to Rupee's free fall on Wednesday, depreciating the domestic currency by 3.1 percent, which
The State Bank of Pakistan, or the central bank, affirmed the movement in Pakistani rupee against US dollar on Wednesday which depreciated by 3.1 percent to 108.24 rupee to a green back. While almost all
Pakistan rupee succumbed to political chaos and lost three percent in single session where the currency reached to almost 44 month low level against the green back. The domestic currency opened at 104.95 but immediately
PKR witnessed extreme volatility towards the close of session on Tuesday, losing 100 paisas or just under 1.0% of its value to close at 105.50/106. Banks reported trades between 105.25/40. According to Market sources, Central
PKR ended the final session of this week by losing most of the gains it had made during the previous four sessions. It ended at 104.44/45 compared to 104.40/42 from the previous session. The Rupee
PKR ended thursday's trading session with fresh gains to close at 104.40/42 compared to previous closing of 104.46/48. Trading had started at 104.44/47 and remained within 104.43/48 for much of the session. The Money Market
PKR ended Wednesdays trading session with fresh albeit minor gains, closing at 104.46/48 compared to previous sessions 104.48/50. Trading had started at 104.48/51 and remained in 104.47/51 range for most of the session. In the
3rd July – Monday The week started with a bloodbath, the investors were spooked with overwhelming coverage of JIT proceeding during the Eid holidays. The week declined to a total of 2.88percent. Since being included
Finance Division has officially asked the Governor, State Bank of Pakistan (SBP), to initiate an inquiry into the sharp deterioration of PKR-US$ exchange rate in the interbank market on 5th July 2017, and to send a
President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain on Friday lauded Federal Finance Minister Senator Ishaq Dar reversing record exchange rate erosion without any delay. The business community highly appreciates timely intervention by the finance
The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Thursday voiced concern over the sudden erosion in the exchange rate terming it against the national interests and unacceptable. The local currency has nosedived after remaining
The Federal Minister for Finance Ishaq Dar said a probe would be conducted to find out why the rupee declined and who led to a decline in the domestic currency versus dollar. Federal Minister Ishaq
PML-N to retain Power in 2018 Election China Will Remain Pakistan’s Leading Economic Partner Government to Face Opposition to Sell-Off State Run Units Inflation to Pick Up Owing to Global Energy Price Increase PKR expected
In a recent development after a bizarre day in the FX markets when the PKR depreciated 3percent in just one day against the 3 year average depreciation of 1 percent, the PKR recovered after today’s
Finance Minister, Senator Mohammad Ishaq Dar will chair a meeting of CEOs / Presidents of banks Thursday (6th July) morning. The meeting will held to find out reasons why rupee slid sharply against green back.
The State Bank of Pakistan and Minister of Finance appeared to be at loggerheads as both issued conflicting statement in relation to Rupee's free fall on Wednesday, depreciating the domestic currency by 3.1 percent, which
The State Bank of Pakistan, or the central bank, affirmed the movement in Pakistani rupee against US dollar on Wednesday which depreciated by 3.1 percent to 108.24 rupee to a green back. While almost all
Pakistan rupee succumbed to political chaos and lost three percent in single session where the currency reached to almost 44 month low level against the green back. The domestic currency opened at 104.95 but immediately
PKR witnessed extreme volatility towards the close of session on Tuesday, losing 100 paisas or just under 1.0% of its value to close at 105.50/106. Banks reported trades between 105.25/40. According to Market sources, Central
PKR ended the final session of this week by losing most of the gains it had made during the previous four sessions. It ended at 104.44/45 compared to 104.40/42 from the previous session. The Rupee
PKR ended thursday's trading session with fresh gains to close at 104.40/42 compared to previous closing of 104.46/48. Trading had started at 104.44/47 and remained within 104.43/48 for much of the session. The Money Market
PKR ended Wednesdays trading session with fresh albeit minor gains, closing at 104.46/48 compared to previous sessions 104.48/50. Trading had started at 104.48/51 and remained in 104.47/51 range for most of the session. In the
Data is delayed by 20 minutes
Data is delayed by 20 minutes
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