9 C
Islamabad
Tuesday, January 28, 2020
KARACHI: Almost all of the international currencies gained against the rupee in 2019 but the biggest appreciation was seen in the British pound which gained over 15 per cent. The Forex Association Pakistan on Tuesday issued a compiled report showing the devaluation trend of the rupee against major international currencies...
KARACHI: The rupee failed to sustain rising trend versus the dollar on the money market on Monday in the process of trading activity, dealers said. INTER-BANK MARKET RATES: RATES: The rupee could not maintain firmness versus the dollar and shed four paisas for buying and selling at Rs 154.93 and Rs...
KARACHI: After maintaining stable trend for a long time versus the dollar, the rupee depreciated modestly on the money market on Thursday in the process of trading activity, dealers said. Commenting on the decline in the value of the rupee, marketmen said it is surprising that country’s foreign exchange reserves...
KARACHI: Steadier trend was again witnessed on the currency market on Thursday as the rupee managed to hold present levels versus the dollar in the process of trading, dealers said. INTER-BANK MARKET RATES: RATES: The rupee picked up five paisas against the dollar for buying and selling at Rs 154.89 and...
KARACHI: Firmness prevailed on the currency market on Wednesday as the rupee held overnight levels versus the dollar in the process of trading, dealers said. INTER-BANK MARKET RATES: RATES: The rupee showed no major changes against the dollar for buying and selling at Rs 154.94 and Rs 154.96 respectively, they said. OPEN...
KARACHI: Rising trend was seen on the money market on Tuesday as the rupee managed to gain in terms of the dollar in the process of trading, dealers said. INTER-BANK MARKET RATES: RATES: The rupee picked up modestly in relation to the dollar for buying and selling at Rs 154.94 and...
KARACHI: The rupee depicted modest recovery against the dollar on the money market during the week, ended on Dec 14, 2019. OPEN MARKET RATES: The rupee gained 20 paisas versus the dollar for buying and selling at Rs 154.40 and Rs 154.70. The rupee, however, dropped in terms of the...
KARACHI: The rupee moved up slightly in relation to the dollar on the local money market on Tuesday, dealers said. INTER-BANK MARKET RATES: RATES: The rupee managed to gain 10 paisas versus the dollar for buying and selling at Rs 154.50 and Rs 154.80 respectively, they said. The rupee fell against...
KARACHI: Rupee rose to almost six-month high against the US dollar on Monday as Asian Development Bank (ADB) committed $1.3 billion worth of loans for Pakistan to help the country build up foreign exchange reserves and support its energy sector reforms. The rupee closed at 154.96 to the dollar in...
KARACHI: The rupee appreciated against the dollar on the money market during the week, ended on Dec 6, 2019. INTER-BANK MARKET: The rupee managed to gain modestly in relation to the dollar for buying and selling at Rs 155.05 and Rs 155.10. OPEN MARKET RATES: The rupee appreciated by 50 paisas...

Opinion

month revenue payment targets

Missed Targets

The tax collection numbers from the last six months are in, and they make for a dismal reading. The government has missed all of...