Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
    Squid Game Season 3
    Videos

    Squid Game Season 3: Final Trailer Unveils Epic Plot

    June 14, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Rupee fluctuates against dollar
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Business > Rupee fluctuates against dollar
Business

Rupee fluctuates against dollar

Web Desk
By Web Desk Published November 17, 2014 2 Min Read
Share
SHARE

AS it emerged at the start of last week that the IMF staff would recommend its executive board to release around $1.1bn to the country in December, the rupee rallied against the dollar and dropped below the 102-mark.

The prime minister’s successful visit to China, which resulted in agreements for investment and financing worth over $46bn, was also said to boost sentiments in the local currency market.

However, once the euphoria subsided and noise from the political front reemerged, the local currency gave back some of the gains.

The rupee started the week on the interbank market by gaining 55 paisas, sending the dollar lower to Rs101.75 and Rs101.80 in the first trading session, against the prior week’s close of Rs102.30 and Rs102.35.

It picked up another 10 paisas in the second trading session, pushing the dollar down to Rs101.65 and Rs101.70.

In the third trading session, however, the rupee ended lower by 15 paisas, as the dollar rose to Rs101.80 and Rs101.83. But the local currency managed to gain 10 paisas in the fourth trading session, as the greenback slipped to Rs101.70 and Rs101.72.

However, the rupee ended the last trading session with a loss of four paisas, as the dollar closed the week at Rs101.74 and Rs101.76. Yet, the dollar depreciated by a net 56 paisas in the interbank market last week.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

Trump Musk Deportation

Trump Hints at Deporting Elon Musk Amid Feud Over Tax Bill

JCP Chief Justices 2025

JCP Approves Permanent Chief Justices for Four Pakistan High Courts

Meta Superintelligence Labs

Meta Launches Superintelligence Labs to Lead AI Innovation

Peshawar BRT Fare Hike

Peshawar BRT Fare Hike Sparks Public Outcry in July 2025

Islam Makhachev vs Ilia Topuria

Ilia Topuria Claims UFC Pound-for-Pound King Title in 2025, Surpassing Makhachev

Post Archives

More Popular from Photonews

NBA draft 2025 Full list of picks
Sports

2025 NBA Draft Full List of First and 2nd Pick

4 Min Read
Karachi PECHS robbery 2025
Sindh

TikTokers Arrested for Rs130M Robbery in Karachi’s PECHS Area

2 Min Read
DeepSeek app ban Germany
Tech

Germany Urges Apple, Google to Remove DeepSeek App Over Data Privacy Concerns

2 Min Read
Sports

Harry Kane’s Brace Leads Bayern Munich to Club World Cup Quarter-Finals

Harry Kane’s clinical finishing propelled Bayern Munich to a 4-2 victory over Flamengo in the Club…

June 30, 2025
Sports

Zlatan Ibrahimovic Defends Messi After Inter Miami’s 4-0 Club World Cup Loss

Zlatan Ibrahimovic defended Lionel Messi following Inter Miami’s 4-0 defeat to Paris Saint-Germain in the FIFA…

June 30, 2025
Pakistan

Pakistan Supreme Court Overturns PTI’s Reserved Seats Ruling in 7-5 Decision

On June 27, 2025, Pakistan’s Supreme Court Constitutional Bench, led by Justice Aminuddin Khan, delivered a…

June 27, 2025
Entertainment

Katy Perry and Orlando Bloom Split After Decade-Long Romance, Sources Say

A source close to Katy Perry and Orlando Bloom revealed to Us Weekly on June 25,…

June 26, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?