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KARACHI: The Pakistani rupee continued to weaken against the US dollar, slipping by 0.09% in the inter-bank market on Monday. By the end of the trading session, the rupee settled at 284.72, marking a decline of Re0.26. Over the past week, the local currency also posted a loss, depreciating by
KARACHI: The Pakistani rupee posted a slight gain against the US dollar on Friday, appreciating by 0.04% in the inter-bank market. The local currency closed at 284.46, up by Re0.10 from the previous day’s close of 284.56. Meanwhile, the US dollar strengthened globally amid renewed concerns over global trade disruptions,
ISLAMABAD: The government’s move to import 0.5 million tons of sugar — 300,000 tons through the Trading Corporation of Pakistan (TCP) and 200,000 tons via the private sector — is expected to raise the import bill by $275–280 million. However, it is unlikely to lead to a reduction in local
KARACHI: Pakistani rupee declined further against the US dollar, depreciating 0.03% in the inter-bank market on Thursday. At close, the currency settled at 284.56, a loss of Re0.09. On Wednesday, the currency settled at 284.47. Internationally, the US dollar slipped further from a two-week high versus major peers on Thursday,
