The Dubai Gold & Commodities Exchange (DGCX), on Monday announced the launch of its Pakistani Rupee (PKR) Futures Contract and is now available for trading.
Pakistan’s rupee on Friday rose by 0.24%, or 57 paisa, to close at 239.37 after a two-week losing streak against the US dollar, central bank data showed on Friday.
Professor Aslam requested the Punjab health secretary to rationalise his salary package in the better interest of Pakistan as the remuneration was part of tax money. "I propose that my salary package as the director general of the P-HOTA may be reduced from Rs1m to Rs0.5m.."
According to the central bank, the rupee slid to 200 against the US dollar, showing a steady decline in the value of this Islamic nation’s currency
This is the seventh consecutive working day of free-fall in the rupee. The central bank has seemed helpless in controlling the speculative fall in the rupee as demand for the greenback continues to soar...
Prime Minister Imran Khan has said loans worth Rs1,000 billion will be provided to 4.5 million deserving households under Kamyab Pakistan Programme by next year to lift them out of poverty and enable them earn their livelihoods.
The currency continued its downward slide against the US dollar, dropping to an all time low of 202.75 PKR in the interbank market during intraday trade on the rising demand for the greenback due to import payments, Geo News reported.
Pakistan’s central bank raised its benchmark interest rate on Monday by 150 basis points to 13.75%, the second hike in less than two months, as the South Asian nation grapples with a sinking economy.
The Pakistani rupee on Monday plunged to an all-time low of 215 against the US dollar in the interbank trade, according to the Exchange Companies Association of Pakistan (ECAP)