depreciate

A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, May 19, 2022. — AFP/FileKARACHI: Pakistani rupee extended losses against the dollar for the fifth straight session as the demand for the US currency from the…

A currency dealer is seen counting $100 notes; while Rs500 notes are kept on the table. — AFP/FileKARACHI: Suppressed by the economic fallout from the unpreceded floods in the country and skyrocketing inflation, the Pakistani rupee…

With the Indian rupee plunging to historic lows against the dollar, analysts have predicted that the local currency is all set to touch the 80-rupee barrier against the US currency. For the past four to five days, the…

The rupee depreciated 8 paise to a record low of 77.82 against the US dollar in opening trade on Friday, tracking the strength of the greenback in the overseas market amid surge in global crude oil prices. The rupee…

PTI Mumbai, March 17The rupee may depreciate to around 77.5 against the US dollar by March 2023, as the widening of current account deficit (CAD) due…