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Pakistani rupee drops to new low against UAE dirham - Business Recorder
The Pakistani rupee hit a new low against UAE's dirham amid the Centre's decision to approach the International Monetary Fund (IMF) for a bailout package and global equity sell-off. The PKR was trading at 36.35 against the UAE dirham early morning on ...
Indian, Pakistani rupees hit new lows against UAE dirham - Khaleej Times
Experts and analysts expect that Pakistani currency will remain under pressure and could be devalued further against the UAE dirham and US dollar to meet the IMF's conditions for the bailout. The State Bank of Pakistan let the rupee devalue last week ...altro »
Who will rescue Pakistani rupee sliding against dirham? - Khaleej Times
The Pakistani rupee on Tuesday was unofficially devalued by 7 per cent plunging to all-time low of 35.67 against the UAE dirham. The rupee is expected to decline further in coming weeks due to a balance of payment crisis and concerns about the IMF's ...
Pakistani rupee falls nearly 4% to new low - gulfnews.com
Dubai: The Pakistani rupee fell nearly 4 per cent on Wednesday, continuing its losing streak to hit a new record low as finance minister Asad Umar travelled to Indonesia for bailout talks with the International Monetary Fund (IMF). Pakistan needs ...
Toyota Pakistan jacks up prices after recent rupee devaluation - Business Recorder
Few days after it stopped taking orders for cars, the Indus Motor Company (IMC), also known as Toyota Pakistan, has hiked prices after the latest devaluation of Pakistani rupee against dollar. As per reports, the company has decided a phased increase ...
Rupee hits new low as Pakistan seeks IMF bailout - Asia Times
The Pakistani rupee has hit a new low against the US dollar for the fifth time in 10 months after falling around 10% in the interbank market on Tuesday. The US dollar closed at Rs 133.6 by the end of the day's trading having touched Rs 138 at midday.
Toyota Pakistan stops taking orders after rupee dives to new low - Business Recorder
The Indus Motor Company (IMC) operating as Toyota Indus in Pakistan has announced that it has stopped taking orders after the recent decline in Pakistani rupee against dollar. “IMC would like to inform the general public that we have stopped our order ...altro »
Pakistani Rupee Makes Sharp Recovery in Interbank Market - Hamariweb.com ENews
After a week of losing value in the interbank market, the Pakistani rupee made a little recovery in the financial market on Wednesday. Meanwhile on Tuesday, the rupee hit a blow against the Dollar, as the green note rose by Rs. 0.7 in the market.
Don't buy panic on rupee fall - Daily Times
The recent panic on fall of Pakistani rupee showcased how deep rooted is obsession with strong rupee. But most importantly it denotes how robust misunderstanding of exchange rate is. It is robust to the extent that one finds leading dailies publishing ...
Pakistan's rupee under pressure amid regional currency turmoil - Geo News
“We remain bearish on the Pakistani rupee as the currency is likely to remain under depreciatory pressures with weaker external finances,” it said. Pakistan's economy has been wobbly for months, triggering speculation that Prime Minister Imran Khan's ...