Tag Archives: Pakistani Rupee

The Pakistani rupee maintained its positive momentum against the US dollar in the open market, narrowing the gap with the inter-bank rate. This convergence is considered a significant benchmark of the International Monetary Fund’s (IMF) Stand-By Arrangement (SBA). According to reports from currency dealers, the rupee was being quoted at 305 for selling and 302 for buying in the open …

  The US dollar’s ascent against the Pakistani rupee persists, reaching new heights in the open market. During Monday’s trading, the dollar was quoted at 334.5 for selling and 331.5 for buying, marking an increase of Rs3.5 from the previous trading session’s levels of 331 and 328, according to dealers reached by Business Recorder. However, the Exchange Companies Association of …