The rupee fell modestly against the dollar on the money market on Monday in the process of trading, marketmen said. INTER-BANK MARKET RATES: The rupee lost 50 paisas versus the dollar for buying and selling at Rs 157.30 and Rs 157.35 respectively, dealers said. OPEN MARKET RATES: The rupee also shed some gains...
The rupee extended overnight gains against the dollar on the money market on Thursday in the process of trading, marketmen said. INTER-BANK MARKET RATES: The rupee jumped versus the dollar for buying and selling at Rs 156.40 and Rs 156.50 respectively, dealers said. OPEN MARKET RATES: The rupee followed the suit in terms...
The rupee held the overnight firmness against the dollar on the money market on Wednesday in the process of trading, marketmen said. The rupee gained 40 paisas versus the dollar for buying and selling at Rs 157.60 and Rs 157.80 respectively, dealers said. INTER-BANK MARKET RATES: OPEN MARKET RATES: The rupee managed...
KARACHI: Rupee on Tuesday strengthened against dollar, extending gains for a second session following fresh foreign inflows, while Prime Minister Imran Khan’s statement and positive news on economic front also boosted the sentiment, dealers said. Rupee closed at 158.06 per dollar in the interbank market, improving by 1.24 percent or...
The rupee recovered sharply versus the dollar on the money market on Monday in the process of trading, marketmen said. The rupee picked up 50 paisas in terms of the dollar for buying at Rs 159.00 and it also picked one rupee for selling at Rs 160.00, they said....
The rupee depreciated against the dollar amid rising demand for the US currency during the week, ended on June 29, 2019. The rupee lost Rs about Rs 3 against the dollar for buying and selling at Rs 159.75 and Rs 160.25. INTER-BANK MARKET RATES: OPEN MARKET RATES: In line with the...
KARACHI: Rupee hit yet another record low against the dollar on Thursday, as a month-end dollar demand from importers and uncertainty over the IMF’s conditions on its assistance before the approval of accord pushed down the local currency. The battered rupee dipped to a new lifetime low of 164.50/dollar during...
The rupee was almost unchanged against the dollar on the money market on Tuesday in the process of trading activity, marketmen said. INTER-BANK MARKET RATES: The rupee did not show any significant change versus the dollar for buying and selling at Rs 156.99 and Rs 157.00 respectively, they said. OPEN MARKET RATES: rupee...
KARACHI: The State Bank of Pakistan (SBP) in a circular issued on Tuesday directed all commercial banks to stop selling Rs40,000 prize bonds from June 24 onwards. “National Prize Bonds of Rs40,000 denomination shall not be sold after June 24, and will not be encashed or redeemed after March 31,...
The rupee resisted further decline against the dollar on the money market during the week, ended on 22 June, 2019. The rupee gained modestly versus the dollar for buying and selling at Rs 156.75 and Rs 156.85, they said. INTER-BANK MARKET RATES: OPEN MARKET RATES: The rupee fell slightly in terms...

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A tale of two budgets

About a fortnight back the Indian Government announced its first post Elections 2019-20 Budget, and it will be interesting to see how it compares...