Rupee on Thursday fell for the fourth straight session and settled 5 paisa lower to close at 154.84 against American dollar (USD) in an interbank market. The rupee had closed at PKR 154.78 per USD on Wednesday. The rupee witnessed a mild activity in intraday trade as it was traded in a range of 80 […]
Reza Baqir
Economic revival on a sound, sustainable footing: SBP
LAHORE: The State Bank of Pakistan (SBP) has said that Pakistan’s economic revival is on a sound and sustainable footing after the country’s Current Account Balance (CAB) posted a deficit of $200 million in April 2021, the central bank said in a tweet on Tuesday. “CAB posted a small deficit of $200mn in […]
Dollar gains another 34 paisas in interbank
KARACHI: The exchange rate witnessed some fluctuation during the first day of the week on Monday but it remained in favour of the dollar which closed with the 34-paisa gain in the interbank market. The market saw the dollar reaching as high as Rs153.70 in intraday trade at closing 14, compared to Friday’s value of […]