Tag Archives: dollar


highest level Dollar US dollar history Pakistani rupee interbank investment debtdollar US dollar KSe PSX pakistan Stock Exchange KSEinterbank US dollar dollar paisa open market

US dollar reaches the highest level in history against Pakistani Rupee

03 March, 2020 12:18 pm 12:18 pm

KARACHI (92 News) – The US dollar continued its impressive run against the Pakistani Rupee as the dollar value increased by Rs0.87 at interbank reaching the highest level in history at Rs168 on Friday. The value of the US dollar has been rising against PKR for the past four days, USD rose to Rs162 after … Read More


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Asia shares rise on more stimulus hopes but dollar loses steam

03 March, 2020 8:30 am 8:30 am

TOKYO (Reuters) – Asian stocks rose on Friday as investors wagered policymakers will roll out more stimulus measures to combat the coronavirus pandemic after U.S. unemployment filings surged to a record. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.2%. Australian shares gave up gains to fall 1.09%, but Japan’s Nikkei rose 1.44%. E-Mini … Read More


Rupee Dollar US dollar highest level currency SBPUS Dollar dollar pakistani rupees KSE KSE index points market interbank 156.35

US dollar hits highest level of country’s history against Pakistani Rupee

03 March, 2020 3:03 pm 3:03 pm

KARACHI (92 News) – US dollar hits highest level of country’s history against Pakistani Rupee as Pakistan’s central bank lost its clutch on the US dollar as it appreciated to Rs166.13—its highest ever on Thursday. The value of the US dollar against the rupee rose Rs4.53 to Rs166.13 in the interbank market. The dollar rate … Read More


Dollar KSE-100 900 points Karachi stock market rupeedollar, US dollar,

Dollar continues to soar as KSE-100 dives over 900 points

03 March, 2020 1:17 pm 1:17 pm

KARACHI (92 News) – Dollar continued to soar as the stocks in Pakistan are taking a hammering once again on Thursday, with the benchmark KSE-100 index down more than 900 points. The US dollar reached Rs159 after an Rs1 increase in the interbank after continuous increase on fourth day. On the other hand, stocks endured … Read More


highest level Dollar US dollar history Pakistani rupee interbank investment debtdollar US dollar KSe PSX pakistan Stock Exchange KSEinterbank US dollar dollar paisa open market

US dollar reaches Rs157.75 after Rs1.17 hike in interbank

03 March, 2020 12:04 pm 12:04 pm

KARACHI (92 News) – The US dollar climbed Rs3.51 within two days in interbank as the dollar reached Rs157.75 after Rs1.17 increase in the interbank on Tuesday. The rupee witnessed pressure today after a period of relative calm for the past six months, as it fell by Rs3.51 against the dollar to Rs157.75 in the … Read More


KSE shares index Pakistan stock exchange slips below barsih note points gold prices dollar inter bank open marketKSE-100 index market trading 830 points Pakistan Stock Exchange Karachi market

KSE-100 index plunging 846.93 points as index slips below 40,000

02 February, 2020 10:28 pm 10:28 pm

KARACHI (92 News) – The Pakistan Stock Exchange (PSE) began another week on a bearish note on Monday, with the KSE-100 index plunging 846.93 points as the index slipped below 40,000. The KSE-100 index plunging 846.93 points (2.16 per cent) as analysts pointed to a need for fiscal adjustment and the market reacted to the … Read More


Merkel Sterling weekly dollar

Merkel protegee Kramp-Karrenbauer won’t run for chancellor

02 February, 2020 5:47 pm 5:47 pm

BERLIN (Reuters) – The woman who had been expected to become Germany’s next chancellor has decided not to run for the top job, a source in her Christian Democratic party (CDU) said on Monday, throwing into confusion the race to succeed Angela Merkel. Annegret Kramp-Karrenbauer is CDU leader and a protegee of the chancellor but … Read More


dollar ,global ,markets ,. economic data ,Chinese President, Xi Jinping ,Donald Trump ,US-Sino trade war

Dollar, global shares gain as trade worries linger

11 November, 2019 11:02 pm 11:02 pm

NEW YORK (Reuters) – The dollar gained and global equity markets rose on Friday on upbeat US economic data while amicable messages from Chinese President Xi Jinping and US President Donald Trump helped ease recent tensions over the prolonged US-Sino trade war. Government bond yields rose as US manufacturing output accelerated in November to its … Read More


Dollar back foot US service Survey survey fans recession worries

Dollar on back foot after US service sector survey fans recession worries

10 October, 2019 8:50 am 8:50 am

TOKYO (Reuters) – The dollar stepped back on Friday after a soft US service sector survey inflamed worries that pressure from US trade disputes with China and other countries could spill over into the broader US economy and eventually tip it into a recession. The dollar index =USD fell to 98.816, shedding about 0.9% after … Read More


Rupee Dollar US dollar highest level currency SBPUS Dollar dollar pakistani rupees KSE KSE index points market interbank 156.35

US dollar reaches Rs156.35 after 12-paisa hike in interbank

09 September, 2019 11:49 am 11:49 am

KARACHI (92 News) – The US dollar reached Rs156.35 after a 12-paisa increase in the interbank on Thursday. With the increase, the US dollar was being sold at Rs156.35 in the interbank market. Meanwhile, stock markets opened in green as registering a gain of around 144 points at KSE 100 Index in morning trade, while … Read More


Global-stocks

Global stocks, dollar rise on hopes of easing US-China trade tensions

08 August, 2019 1:48 am 1:48 am

NEW YORK (Reuters) – A global gauge of equities edged higher on Monday and the dollar rebounded after US President Donald Trump said Chinese officials had contacted Washington about resuming trade negotiations, restoring some equilibrium following signs of escalation in the US-China trade dispute that had roiled markets earlier in the day. Trump’s comments after … Read More


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Asian stocks bounce in relief as Trump delays China tariffs

08 August, 2019 11:29 am 11:29 am

TOKYO (Reuters) – Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil. The tariff news largely offset a raft of disappointing China data for July. The yen rose on the news about weak China’s industrial … Read More


KARACHI (92 News) – The US dollar fell by Rs.85 to reach Rs159.20 in the interbank market on Wednesday as the trading is continuing for the day. The benchmark KSE-100 index increased 50 points to push up the index. On Tuesday, the US dollar rose in the interbank market, inching up by 1.04 paisa to reach Rs160.90. The rupee maintained downward drive for the seventh straight session ahead of the likely hike in key interest rate. The rupee further weakened Rs1.04 to Rs160.90 to the US dollar in intra-day trade in the inter-bank market. The benchmark KSE-100 index decreased 110 points to push down the index less than 33,150 points. The State Bank of Pakistan (SBP) is strongly expected to hike key interest rate by 100 basis points to rein the future inflation in the afternoon. Last week, Pakistan received the first tranche of a loan of $991.4 million from the International Monetary Fund (IMF) under the under Extended Fund Facility (EFF). According to the State Bank of Pakistan (SBP), following the loan from the IMF, the country’s foreign exchange reserves now stand at above $15.0431 billion. The interbank rate is the benchmark rate to determine the value of dollar and sets the direction for open market rates. Since the open market or cash market rate usually remains higher than the interbank rate, the open market is likely to follow a similar trend throughout the day. The final rates for both cash and interbank market are compiled in the evening when businesses close.

Dollar slightly moves down after yesterday’s surge

07 July, 2019 11:28 am 11:28 am

KARACHI (92 News) – The US dollar fell by Rs.85 to reach Rs159.20 in the interbank market on Wednesday as the trading is continuing for the day. The benchmark KSE-100 index increased 50 points to push up the index. On Tuesday, the US dollar rose in the interbank market, inching up by 1.04 paisa to … Read More


Dollar KSE-100 900 points Karachi stock market rupeedollar, US dollar,

US dollar inches up by 1.16, reaches Rs159.85 in interbank trade

07 July, 2019 3:39 pm 3:39 pm

KARACHI (92 News) – The US dollar continues to rise in the interbank market, inching up by 1.16 paisa to reach Rs159.85 during the first trading day on Monday. With the increase, the US dollar was being sold at Rs159.85 in the interbank market. The US dollar also witnessed an increase of Rs0.75 in the … Read More


highest level Dollar US dollar history Pakistani rupee interbank investment debtdollar US dollar KSe PSX pakistan Stock Exchange KSEinterbank US dollar dollar paisa open market

US dollar reaches Rs158.80 after 80-paisa hike in interbank

07 July, 2019 4:01 pm 4:01 pm

KARACHI (92 News) – The US dollar reached Rs158.80 after an 80-paisa increase in the interbank Thursday. Meanwhile, stock markets opened in green as registering a gain of around 50 points at KSE 100 Index in morning trade. On Wednesday, the US dollar reached Rs157.88 after a 51-paisa increase in the interbank. In the open … Read More