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KARACHI: The Pakistani rupee declined against the US dollar on Friday, slipping by 0.10%. By the end of the trading session, the local currency closed at Rs282.96, marking a depreciation of Re0.29 compared to Thursday’s closing rate of Rs282.67. On the global front, the US dollar strengthened, gaining ground alongside
HOUSTON: Oil prices pulled back from multi-month highs reached earlier on Friday, as Israeli airstrikes appeared to spare Iranian oil infrastructure. Despite the retreat, prices remained nearly 6% higher amid investor concerns that escalating tensions could threaten Middle East oil supplies. Brent crude rose by $4.11, or 5.9%, to $73.47
KARACHI: The Pakistani rupee depreciated by 0.07% against the US dollar on Thursday. At the close of trading, the local currency stood at 282.67, down by Re0.20 compared to the previous day. On Wednesday, the rupee had closed at Rs282.47 against the greenback. Globally, the US dollar weakened on Thursday
KARACHI: Pakistan’s total liquid foreign exchange reserves recorded a modest rise of $277 million during the past week. According to the State Bank of Pakistan’s (SBP) weekly report released on Thursday, the country’s total liquid foreign exchange reserves reached $16.875 billion as of June 6, 2025, up from $16.598 billion
