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FOREX

    Pakistani forex reserves stabilize, reducing pressure on rupee

    Islamabad: On Friday, the Pakistani rupee gained Rs2 against the US dollar in the interbank market, which analysts attributed to an increase...

    PKR depreciates by 1.13% against US dollar

    On Thursday, the Pakistani rupee experienced a depreciation of 1.13% against the US dollar, settling at 282.3 as reported by the State...

    Dollar rate defies expectations, but what’s the real story?

    LAHORE: Despite a tense start to the morning in Pakistan’s foreign currency market, the dollar rate in Pakistan defied expectations and managed...

    Rupee depreciated by 22pc in real terms since 2017, close to fair value, says IIF

    Pakistan’s underlying current account is in small surplus courtesy being helped along by the positive depreciation efforts, says the IIF
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