The local unit closed at Rs 278.39 against the previous day’s closing of Rs 278.37. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 277.6 and Rs 280.35 respectively. The price of the Euro increased by 41 paise to close […]
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.2 and Rs 282.1, respectively. The price of the Euro increased by Rs1.04 to close at Rs 303.09 against the last day’s closing of Rs 302.05, according to the State Bank […]
China has agreed to roll over a $2 billion debt on existing terms after initially seeking a hike in price, as Pakistan’s policy to maintain foreign exchange reserves through deposits by three countries is becoming costly due to a 118% surge in interest cost. The Ministry of Finance officials said that an understanding has been […]
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