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Tag: Exchange Rate Volatility

Car sales decline in Pakistan
Business
  • Web Desk
  • Nov 13, 2023
Car sales in Pakistan drop by more than 56%

In October, the Pakistani automotive sector faced a substantial downturn, with passenger car sales plummeting by 24.33 per cent, totalling 4,850 units compared to the previous month’s 6,410 units.

US dollar to PKR rate
Business
  • Web Desk
  • Oct 08, 2023
US dollar expected to drop below Rs280 next week

The Pakistani rupee’s bullish trend against the US dollar persisted for the 22nd consecutive session, with the dollar losing 93 paisas and settling at Rs282.69, bringing the rupee closer to the significant Rs280 mark. Experts predict that the US dollar may drop below Rs280 in the coming week.

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