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US Dollar

Rupee edges higher as dollar weakens in interbank trading

July 5, 2026 by maleeha zahid

The Pakistani rupee posted a modest gain against the US dollar in the interbank market, ending the trading week on a stronger note as the greenback slipped slightly. According to the latest market data, the dollar declined by three paisas to close at Rs278.12 compared with the previous day’s closing rate of Rs278.15, reflecting continued […]

Filed Under: Business Tagged With: currency stability, Exchange Rate, forex market, interbank market, Latest, Pakistani rupee, US Dollar

Nearly a million people worldwide became millionaires in 2025: report

July 1, 2026 by Sajid Salamat

Personal wealth in 2025 grew at its fastest pace in years, creating nearly one million new US dollar millionaires worldwide, Swiss bank UBS said in its annual Global Wealth Report published on Tuesday. Here are some details: Total personal wealth globally rose by 10.8 percent last year, up from 4.6 percent in 2024 and 4.2 […]

Filed Under: World Tagged With: million people worldwide became millionaires in 2025, Swiss bank UBS, US Dollar

Rupee gains 1 paisa against US dollar

June 12, 2026 by Sajid Salamat

The Rupee on Thursday appreciated by 1 paisa against the US Dollar in interbank trading and closed at Rs 278.35 compared to the previous day’s closing of Rs 278.36. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at Rs 278.5 and […]

Filed Under: Business Tagged With: Rupee, US Dollar

Rupee gains 1 paisa against US dollar

June 9, 2026 by Sajid Salamat

The Rupee on Monday appreciated by 1 paisa against the US Dollar in interbank trading and closed at Rs278.40 compared to the previous day’s closing of Rs278.41. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at Rs278.20 and Rs279.45, respectively. The […]

Filed Under: Business Tagged With: Rupee, US Dollar

Rupee records gain against US dollar

June 6, 2026 by Sajid Salamat

The Pakistani rupee appreciated against the US dollar in the inter-bank market on Friday. At close, the local currency settled at 278.41, a gain of Re0.01 against the greenback. On Thursday, the local unit closed at 278.42. Globally, the US dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows.

Filed Under: Business Tagged With: Rupee, US Dollar

Rupee records gain against US dollar

June 4, 2026 by Sajid Salamat

The Pakistani rupee appreciated against the US dollar in the inter-bank market on Wednesday. At close, the local currency settled at 278.45, a gain of Re0.01 against the greenback. On Tuesday, the local unit closed at 278.46. Moreover, persistent strength in the dollar sent the Japanese yen sliding to the key 160 level on Wednesday, […]

Filed Under: Business Tagged With: Rupee, US Dollar

Rupee gains 3 paisa against US dollar

May 23, 2026 by Sajid Salamat

The Rupee on Friday appreciated by 3 paisa against the US Dollar in interbank trading and closed at Rs 278.52 compared to the previous day’s closing of Rs 278.55. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at Rs 279 and […]

Filed Under: Business Tagged With: Rupee, US Dollar

Rupee gains 3 paisa against US dollar

May 12, 2026 by Sajid Salamat

The Rupee on Monday appreciated by 3 paisa against the US Dollar in interbank trading and closed at Rs 278.67 compared to the previous day’s closing of Rs 278.70. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at Rs 279.10 and […]

Filed Under: Business Tagged With: Rupee, US Dollar

IMF assesses financial risks as Iran war uncertainty persists

March 26, 2026 by Zuha shahzad

The International Monetary Fund (IMF) is assessing potential financial risks across countries as uncertainty surrounding the ongoing Iran conflict continues, according to a report published on Wednesday. The institution is reportedly running various scenarios to identify economies that may require fresh financial support if the conflict prolongs. Read More: IMF, Pakistan fail to reach staff-level […]

Filed Under: Business Tagged With: financial markets, global economy, IMF, Inflation, Iran war, Latest, US Dollar

Rupee records gain against US dollar

March 14, 2026 by Sajid Salamat

The Pakistani rupee registered marginal gain against the US dollar in the inter-bank market on Friday. At close, the local currency settled at 279.31, a gain of Re0.01 against the greenback. On Thursday, the local unit closed at 279.32. Globally, the dollar held gains on Friday and was set for its second weekly gain since […]

Filed Under: Business Tagged With: Rupee, US Dollar

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