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Reuters
Feb 06, 2025

Yen hits 8-week high; sterling drops after Bank of England rate cut

The pound GBP=D3 fell 0.8% to $1.24065 after the Bank of England cut interest rates as expected, but forecast higher inflation and weaker growth, with two officials calling for an even larger rate cut.

Business

Web Desk
Feb 13, 2024

Interbank closing: Pakistani rupee gains 1.29 paisa

In Tuesday’s interbank session, the Pakistani rupee (PKR) showcased resilience, appreciating by 1.29 paisa against the US dollar.

Business

Web Desk
Feb 07, 2024

SBP reports massive drop in currency circulation

It has been revealed that the currency in circulation within the Pakistani economy has experienced a notable decline.

Business

Web Desk
Oct 26, 2023

Experts believe Pakistani rupee’s current strength unlikely to last

Goldman Sachs Group Inc. is expressing concern about the recent rise in the value of the Pakistani rupee, suggesting that this increase might not last long.