Trump threatens 100 per cent tariffs on BRICS for undermining dollar
WASHINGTON: President-elect Donald Trump has issued a direct threat of a 100 per cent tariff to Brazil, Russia, India, China, and South Africa (BRICS) countries, demanding they abandon any plans to create a new currency. If they do not comply, Trump stated that he would impose a brutal 100 per cent
Rupee records improvement against US dollar
KARACHI: The Pakistani rupee registered a marginal improvement against the US dollar, appreciating 14 paisas in the inter-bank market on Friday. At the last day of the trading week, the currency settled at 277.60, a gain of 14 paisas against the greenback. Experts opined that the rupee’s value is stable
Pakistani Rupee Slightly Gains Against US Dollar
KARACHI: The Pakistani rupee (PKR) showed slight improvement against the US dollar (USD), rising by 0.06 percent during early trading hours in the interbank market on Friday. In the morning session, the local currency was trading at Rs277.68, gaining 17 paisa against the USD. The previous day, the PKR had
US dollar appreciates in interbank market
On Wednesday US dollar appreciated against PKR in the interbank market. According to the State Bank of Pakistan, the dollar closed at Rs277.67 at the end of trading. This increases 3 paisas compared to the previous day’s closing rate of Rs277.64. In contrast, the open market saw a decrease in
PKR maintains upward trend, closes at 277.63 against dollar
The Pakistani Rupee (PKR) continued its upward trend against the US Dollar (USD) today, marking gains for the second day in a row. Moreover, opening at Rs278 in the interbank market, the rupee remained stable throughout the day, closing at 277.63, appreciating by 0.02 percent. Read More: Pakistan’s exports surge