The Pakistani rupee registered marginal losses against the US dollar as it depreciated 0.02% during the opening hours of trading in the inter-bank market on Monday. At 11am, the rupee was hovering at 285.43, a decrease of Re0.06 in the inter-bank market. During the previous week, the rupee extended its winning streak for the second … Read more
The Pakistani rupee posted a marginal gain against the US dollar, appreciating 0.05% during the opening hours of trading in the inter-bank market on Friday. At 10:10am, the rupee was hovering at 286.75, an increase of Re0.15 in the inter-bank market. On Wednesday, the rupee had depreciated 0.18% to settle at 286.90 against the US … Read more
The Central Bank of Argentina Argentines gave up on their peso long ago. They now hold some $200 billion in cash, second only to the cash holdings of US citizens. With expectations for 186% inflation over the next 12 months adding insult to injury, it is little wonder that Argentines increasingly support presidential candidate Javier … Read more
The Pakistani rupee maintained its momentum for the 13th consecutive session against the US dollar, gaining another 0.35% in the inter-bank market on Friday. As per the State Bank of Pakistan (SBP), the rupee settled at 291.76 after an increase of Rs1.02 in the inter-bank market. On Thursday, the rupee had appreciated 0.38% to settle … Read more