SINGAPORE – Asian stocks limped into Friday’s session on uncertain footing, as declines on Wall Street rippled across global markets and commodity prices eased after a powerful rally. Despite the day’s caution, regional equities remain poised for one of their best years in a decade, outperforming US markets as President Donald Trump’s economic and tariff […]
US Dollar
Rupee posts marginal gain against US dollar
The Pakistani rupee posted marginal gain against the US dollar, gaining Re0.01 in the inter-bank market on Wednesday. At close, the currency settled at 281.21, a gain of Re0.01 against the greenback. On Tuesday, the local unit closed at 281.22. Globally, the Indian rupee may inch towards a record low at the open on Wednesday, […]
Rupee gains 1 paisa against US Dollar
The Rupee on Wednesday appreciated by 01 paisa against the US Dollar in the interbank trading and closed at Rs 281.30 against the previous day’s closing of Rs 281.31. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 282.25 and […]
A 9,300% decline against US dollar since 1947
When Pakistan gained its independence in 1947, the exchange rate in 1 United States Dollar (USD) to Pakistan rupee (PKR) was Rs 3. Today, as of 17th September 2025, the rate of USD to PKR is Rs.282 per dollar. Couple of Rupees during the first decade of independence had the purchasing power of hundreds of […]
Dollar rises slightly while PSX hits record high ahead of budget 2025
In the interbank market today, the US dollar gained value against the Pakistani Rupee. It increased by 4 paisas and closed at Rs. 282.21. Yesterday, the dollar had closed at Rs. 282.17, showing a minor but notable uptick. Meanwhile, the Pakistan Stock Exchange (PSX) witnessed historic activity ahead of the federal budget announcement. The KSE-100 […]
PKR weakens slightly, dollar climbs to Rs284.40 in open market
The Pakistani rupee continued its marginal downward trend on Tuesday, falling by 12 paisa against the US dollar in the interbank market, where it closed at Rs282.17. This slight dip comes after Monday’s rate of Rs282.06, reflecting a 0.04% depreciation. Currency analysts attribute this movement to routine demand from importers and cautious market sentiment ahead […]
Rupee sheds 11 paisa against US Dollar
The Rupee on Tuesday depreciated by 11 paisa against the US Dollar in the interbank trading and closed at Rs 281.67 against the previous day’s closing of Rs 281.56. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 282.20 and […]
Pakistani rupee gains slightly against US dollar amid global currency movements
The Pakistani rupee gained marginally against the US dollar on Wednesday, appreciating by 0.06%. At the close of trading, the rupee stood at 280.26, a slight gain of Re0.16 from Tuesday’s closing value of 280.42. This improvement reflects a small but notable movement in the inter-bank market. On the global front, the US dollar weakened […]
PKR slips marginally below 280 against USD after a year
The Pakistani rupee recorded a slight depreciation of 0.04% (Re0.10) against the US dollar in the inter-bank market on Monday, closing at 279.97. This marks the first time in over a year that the local currency has settled below 280 against the greenback. Last week, the PKR saw a gradual decline, losing Re0.30 or 0.11% […]
Oil gains as US dollar eases though demand fears linger
Oil prices rose on Tuesday as the US dollar eases against major peers but gains were limited by worries of slowing global fuel demand growth amid bearish economic data from key oil-importing economies such as China. International benchmark Brent crude futures gained 27 cents to $93.53 per barrel by 0415 GMT, after falling 0.3% in […]