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Pakistan rupee breaks new record low against dollar

July 7th, 2008 Aimon · No Comments

Source : M & G

Pakistan’s troubled rupee slumped to a new record low on Monday against the US dollar over continued political and economic uncertainties, traders said.
The rupee plunged to 71.10 against the dollar to trade at 70.50/71 in the open market during the afternoon trade.
The fresh decline was lower even from Thursday’s rate which […]

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Filed Under: Business

Pakistani rupee falls as market awaits central bank meeting

June 30th, 2008 Aimon · 1 Comment

Source: Business

The Pakistani rupee on Monday hit a new low versus the US dollar as traders looked for triggers from an upcoming central bank meeting.
The rupee was trading at 68.30 against the dollar in the interbank market, down from 67.85 last week due to uncertainty over interest rate policy by the central State Bank of […]

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Filed Under: Business