Open Market Dollar Sale Plunges 50% as Grey Market Resurfaces

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The open market dollar sale has recorded a sharp 50 percent decline this month, with currency dealers warning of renewed grey market activity that could…

Dollar Likely to Surge Against Pakistani Rupee Amid Economic Adjustments: Fitch

By Manik Aftab ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The US dollar is likely to surge against the Pakistani rupee, after Fitch Ratings predicted a controlled depreciation of the local currency by the State…

Why Dollar Is Not Falling in Pakistan Amid Global Decline

By Manik Aftab ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

The U.S. dollar, as of April 22, 2025, has fallen to near three-year lows against global currencies, trading at 98.458 (at the time of this…

The rupee is likely to depreciate to Rs 172 against the dollar by December 31, 2021: report

By Talha Ikram ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

According to the research conducted by Topline Securities titled “Pakistan Market Outlook 2021: A year of economic stabilization”, PKR/USD is likely to close around 166…

Pakistani rupee falls sharply against the dollar

By Aqsa Khunshan ⏐ 7 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan depreciated the Pakistani rupee for the third time in an ongoing fiscal year. Since, December 2017, the rupee has devalued…

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