US dollar

The week gone by had four trading sessions, but it had plenty of action and behaved on expected lines. It began positively, went sideways, gained and then crashed. At the end of it all, it was a flat week but with all…

The Pakistani rupee (PKR) has gained a significant recovery after hitting a record low against the US dollar, the central back said.

Markets were in a positive mood and gained during the week. They were up the first two days, lost on the next two days and ended the week on a positive note, giving hope and expectations of a positive start next week.…

The Pakistani rupee has continued its downward trajectory for the third consecutive session as the US dollar was traded at 222.47 PKR in the interbank market, according to the State Bank of Pakistan.

The intervention by the Reserve Bank of India (RBI) in the forex market will keep the Indian rupee in Rs 82.25-82.75 band against the US dollar in the near term, said Bank of Baroda in a report on Monday.

It was a tough week at the markets and almost all people were caught on the wrong foot in terms of movement. They were volatile and markets kept one eye on the US markets all the time. With sharp gains registered on…