Tag Archives: us dollar


US 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


US dollar Rupee pakistan stock exchange PSX

US dollar falls by Rs1 as rupee maintains upward trajectory

08 August, 2019 10:53 am 10:53 am

KARACHI (92 News) – The US dollar has slipped by Rs1 to reach at Rs157.25 in the interbank market on Friday, strengthening Pakistani rupee that had witnessed continuous. According to the details, the Pakistani rupee bounced back against the US dollar gaining Rs1 at the start of trading in the interbank market. The dollar was … 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, 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


interbank 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


stocks Asian stocks US dollar asian market

Asia stocks gain, dollar droops as Fed chair sets stage for rate cut

07 July, 2019 9:12 am 9:12 am

TOKYO (Reuters) – Asian stocks gained and the dollar drooped on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a US interest rate cut later this month. In an appearance before his congressional overseers on Wednesday, Powell confirmed that the US economy is still under threat from disappointing factory activity, tame inflation and … Read More


US dollar, value, 51 paisas, interbank, 70 paisas, open, market

US dollar gains value by 51 paisas in interbank, 70 paisas in open market

07 July, 2019 11:08 am 11:08 am

KARACHI (92 News) – The US dollar reached Rs157.88 after a 51-paisa increase in the interbank on Wednesday. In the open market, the dollar price increased by 70 paisas and it was traded at Rs158.50. On the other hand, the gold price was increased by Rs1,300 per tola and reached Rs80,300 per tola. Meanwhile, 100 … Read More


US dollar, value, 51 paisas, interbank, 70 paisas, open, market

US dollar inches up by 38 paisa, reaches Rs157.30 in interbank trade

07 July, 2019 12:28 pm 12:28 pm

KARACHI (92 News) – The US dollar continues to rise in the interbank market, inching up by 38 paisa to reach Rs157.30 during the first trading day on Monday. The dollar had slightly risen by 19 paisa to touch Rs156.75 in the interbank market of the country on last trading day on Friday last. In … Read More


US dollar inches up by 19 paisa to reach at Rs156.75 in interbank

07 July, 2019 12:24 pm 12:24 pm

LAHORE (92 News) – The US dollar has slightly risen by 19 paisa to touch Rs156.75 in the interbank market of the country on Friday. In initial trading hours, the dollar slightly moved upward by 44 paisa in inter bank market. On Thursday, the US dollar had slipped by Rs1.11 to reach at Rs156.50 in … Read More


Dollar, continues, soar, touches, all-time high, Rs153, interbank

US dollar falls by Rs1.11 in interbank as Pak rupee maintains upward trajec...

07 July, 2019 12:01 pm 12:01 pm

LAHORE (92 News) – The US dollar has slipped by Rs1.11 to reach at Rs156.50 in the interbank market today, strengthening Pakistani rupee that had witnessed continuous devaluation previous week. The greenback is being traded at Rs156.50 in on the ongoing trading session. The dollar had closed at Rs157.61 in the interbank market on Wednesday … Read More


US dollar, value, 51 paisas, interbank, 70 paisas, open, market

US dollar falls by Rs1.30, reaches Rs158.75 in interbank

07 July, 2019 11:15 am 11:15 am

KARACHI (92 News) – The US dollar fell by Rs1.30 to reach Rs158.75 in the interbank market on Tuesday as the trading is continuing for the day. The US dollar was closed at Rs160.5 in the last week. The US dollar fell by four rupees and five paisa to reach Rs160 in the interbank market … Read More


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Pak economy on verge of collapse, Maryam reacts to hike in dollar rate

06 June, 2019 3:21 pm 3:21 pm

ISLAMABAD (92 News) – Responding to depreciation of the Pakistan rupee against US dollar, Pakistan Muslim League-N (PML-N) vice president Maryam Nawaz termed that Pakistan economy at verge of total collapse. Maryam Nawaz took her twitter and said, “Dollar soars to Rs.160.5 interbank. Pakistan economy at the verge of total collapse.” “The damage caused by … Read More


US dollar, soars, Rs150.40, 30-paisa, increase, interbank, market

US dollar soars to Rs150.50 after 40-paisa increase in interbank market

06 June, 2019 10:52 am 10:52 am

KARACHI (92 News) – The US dollar witnessed a 40-paisa increase and reached Rs150.50 from Rs150.10 in the interbank market on Tuesday. According to the forex dealers, Pakistan Stock Market lost 165 points in the start of the business and 100 index reached 34,410. On Monday, the dollar rate had increased by Rs 2.70 in … Read More


US dollar, increases, 93 paisas, Rs148.80, interbank, market

Dollar further goes up by Rs2.35, being traded at all-time high of Rs152 in...

05 May, 2019 10:40 am 10:40 am

KARACHI (92 News) – The US dollar rate further increased by Rs2.35, reaching all-time high of Rs152 in the interbank market on Tuesday. On the other hand, US dollar is being sold at Rs155 in the open market. On Monday, it was increased by Rs1.63 and was being sold at Rs149.50 when the business closed. … Read More


Yasmin Rashid Dr Yasmin Rashid Health Minister variations in dollar values us dollar pakistani rupee devalutaion of pakistani currency medicines prices surged

Medicines’ prices surged due to variation in rates of dollar: Yasmin Rash...

04 April, 2019 10:47 pm 10:47 pm

LAHORE (92 News) – Punjab Health Minister Dr Yasmin Rashid said on Thursday that the prices of medicines surged after variation in rates of US dollar. In his statement, commenting over hike in medicines’ prices, the minister said that pharmaceutical companies took the step after variation in rates of US dollar and devaluation of Pakistani … Read More