Trends - Exchange rate - Business Recorder

Opinion

Resilience, helplessness or loss of trust?–I

The Pakistanis are battling an inflation rate of over 35 percent, a policy rate of 21 percent, depletion in value of...

Updated 13 Apr, 2023 07:20am

Editorials

Rise in workers’ remittances

EDITORIAL: The State Bank of Pakistan (SBP) website notes a rise in March 2023 remittances to 2.532 billion dollars...

Updated 13 Apr, 2023 07:06am

Markets

Rupee recovers ground against US dollar, settles at 286.62

Currency registers 0.63% gain in the inter-bank market

Updated 12 Apr, 2023 10:21pm

Markets

Rupee plunges to new all-time low against US dollar

Currency closes at 288.43 in inter-bank market

Updated 11 Apr, 2023 07:24pm

Business & Finance

March workers’ remittances hit 7-month high of $2.5bn

KARACHI: Pakistan received seven months’ high $2.5 billion home remittances during March 2023, mainly due to rise in...

Published 11 Apr, 2023 03:44am

Markets

Rupee struggles against US dollar, settles at 287.09

Currency losses Rs2.44 or 0.85% in inter-bank trading

Updated 10 Apr, 2023 07:18pm

Business & Finance

BMP exhorts govt to review economic policies

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) stressed need for...

Published 10 Apr, 2023 06:45am

Markets

Rupee falls slightly against US dollar

Local currency recovered during early hours

Updated 07 Apr, 2023 11:29pm

Markets

Rupee registers major recovery, settles at 284.42 against US dollar

Currency appreciates 1.2% in the inter-bank market

Updated 06 Apr, 2023 08:07pm

Editorials

The policy rate challenge

EDITORIAL: The Monetary Policy Committee raised the policy rate by one percent - to 21 percent - thereby linking the...

Published 06 Apr, 2023 06:20am

Markets

Rupee hits fresh all-time low, settles at 287.85 against US dollar

Currency loses Re0.56 against the US dollar in inter-bank market

Updated 05 Apr, 2023 06:32pm

Markets

New historic low: rupee closes at 287.29 against US dollar

Currency loses Rs2.25 in a single session against the US dollar

Updated 04 Apr, 2023 08:34pm

Markets

Rupee under pressure against US dollar, settles at 285.04

Currency depreciates 0.44% in the interbank market

Updated 03 Apr, 2023 06:01pm

Editorials

SBP’s dilemma: battered economy, high inflation

EDITORIAL: The SBP (State Bank of Pakistan) is scheduled to announce its monetary policy on 4th April. According to...

Updated 03 Apr, 2023 12:45pm

Print

If not effected, up to 9pc of amount to be marked as lien: SBP asks exporters to bring in delayed proceeds by 30th

KARACHI: The State Bank of Pakistan (SBP) Friday asked exporters to bring delayed export proceeds to Pakistan by...

Updated 01 Apr, 2023 08:50am

Business & Finance

Exchange rate, POL prices: Inflation may stay at elevated level: MoF

ISLAMABAD: Inflation is expected to stay at an elevated level due to exchange rate depreciation and recent upward...

Published 01 Apr, 2023 06:21am

Markets

Rupee slips against US dollar, settles at 283.79

Currency depreciates 0.05% in the interbank market

Updated 31 Mar, 2023 07:23pm

Business & Finance

Debt servicing: SBP’s reserves fall by $354m

KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $ 354 million during last...

Published 31 Mar, 2023 06:45am

Markets

Rupee inches higher against US dollar, settles at 283.66

Currency appreciates 0.09% in interbank market

Updated 30 Mar, 2023 08:16pm

Print

Forex buyers, sellers: Senate panel urged to remove CNIC-video condition

ISLAMABAD: Exchange Companies Association of Pakistan (ECAP) Chairman Malik Bostan Wednesday suggested to the Senate...

Updated 30 Mar, 2023 08:27am

Markets

Rupee dips against US dollar, closes at 283.92

Currency depreciates 0.13% in interbank market

Updated 29 Mar, 2023 08:39pm

Markets

Rupee largely stable against US dollar, settles at 283.55

Currency appreciates 0.01% in the inter-bank market

Updated 28 Mar, 2023 07:54pm

Editorials

IMF ninth review remains suspended

EDITORIAL: A press release notes that the Federal Finance Minister Ishaq Dar as chief guest at an iftar dinner...

Updated 28 Mar, 2023 03:40pm

Markets

Rupee falls against US dollar, settles at 283.58

Currency depreciates 0.13% in inter-bank market

Updated 27 Mar, 2023 08:03pm

Markets

PKR declines 0.53pc

KARACHI: A shortened week saw the rupee lose 0.53% against the US dollar to settle at 283.2 in the inter-bank ...

Published 27 Mar, 2023 06:15am

Print

Cash margin requirement on goods import removed

KARACHI: The State Bank of Pakistan (SBP) Friday announced the removal of Cash Margin Requirement (CMR) on import of...

Updated 25 Mar, 2023 08:49am

Print

Forex reserves cross $10bn mark

KARACHI: The country‘s total liquid foreign exchange reserves crossed the $10 billion mark supported by foreign...

Updated 25 Mar, 2023 08:50am

Print

Likely hike in policy rate: T-bills RoR soars to 22pc

KARACHI: Rate of return on short-term government papers rose to 22 percent on expected hike in the key policy rate ...

Updated 24 Mar, 2023 08:53am

Markets

Rupee strengthens against US dollar, settles at 283.20

Currency appreciates 0.25% in inter-bank market

Updated 22 Mar, 2023 06:52pm

Markets

REER Index falls to 86.45 in Feb

KARACHI: Pakistan’s Real Effective Exchange Rate (REER) Index depreciated to 86.45 in February 2023 as compared to...

Published 22 Mar, 2023 07:30am