interbank

A currency dealer counts US dollar notes in this undated file photo. — AFPIn what has been termed a "welcome move", the State Bank of Pakistan (SBP) has allowed authorised dealers to purchase dollars from the interbank market to…

A dealer collect US dollars at a money exchange market in Karachi on January 26, 2023. — APPKARACHI: A day after the Pakistani rupee took a hit against the US dollar, the local currency gained ground on Friday over an improved demand…

A money exchange employee counts dollars. — AFP/FileKARACHI: The local currency on Thursday took an enormous blow in the interbank market during intraday trade as it depreciated by more than Rs24, a day after the lifting of the…

SHANGHAI : A Chinese court has ruled that an underwriter and two other intermediaries failed to conduct due diligence adequately and were responsible for up to 20 per cent of a loss of more than US$72 million by Bluestone Asset Management…

A file image showing a currency dealer counting $100 notes — AFP/FileKARACHI: The Pakistani rupee finally snapped its multi-day losing steak as it registered a slight gain of 0.01% against the greenback in the interbank market on…

A file image showing a currency dealer counting $100 notes — AFP KARACHI: In view of loan tranche expectations from the International Monetary Fund (IMF), the Pakistani rupee on Tuesday continued to recover against the US dollar in…

A currency dealer is calculating $100 notes. — AFP/FileKARACHI: The Pakistani rupee continued its upward trajectory, rising by Rs2.19 against the dollar in the interbank market.The local unit was changing hands at 221.75 after…

A currency dealer can be seen counting Rs500 notes. — AFP/FileKARACHI: The Pakistani rupee continued to recover against the US dollar for the second consecutive session on Monday, according to the Exchange Companies Association of…

A currency dealer is seen counting $100 notes; while Rs500 notes are kept on the table. — AFP/FileKARACHI: The Pakistani rupee continued to lose ground against the US dollar for the ninth consecutive session on Wednesday amid the…

A representative image.KARACHI: The Pakistani rupee declined further on Friday continuing its losing streak against the US dollar as higher demand for the greenback coupled with dollar appreciation against major currencies weighed on…