The Pakistani rupee has fallen 20% against the dollar this year, Bloomberg reported. That's after spiking in October, as demand for the rupee surged on a clampdown on illicit dollar transactions. But ...

MUMBAI, May 8 (Reuters) - The Indian rupee weakened sharply to log its steepest fall in more than two years on Thursday as the ongoing India-Pakistan conflict hurt the currency alongside the country's ...

The depreciation of the U.S. dollar over the last month has exacerbated the negative effects of the Pakistani rupee’s sudden rise, squeezing the profits of textile millers. At a recent press ...

The Pakistani rupee is expected to remain under pressure in the coming months, with a majority of market participants ...

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As part of its efforts to fight skyrocketing inflation during a period of low foreign reserves, Islamabad is taking action to eliminate the illegal dollar trade after the Pakistani rupee hit a record ...

Pakistan’s rupee recorded its longest daily streak of gains since April last year after the central bank said it will slow buying of dollars to build its foreign exchange reserves. The currency gained ...

KARACHI, Pakistan, Sept 28 (Reuters) - Pakistan's rupee has gained 6.1% against the dollar so far in September, following an official clampdown on illegal foreign exchange trade in grey and black ...

The Pakistani rupee has become the top performer in global currency markets. It gained 8% from a record low in early September, after a government clampdown on illicit dollar trade. The currency's ...

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ISLAMABAD (Reuters) - Emerging markets currency turmoil and higher oil prices are putting increasing pressure on Pakistan's central bank to devalue the rupee for a fifth time in a year, analysts said ...