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US dollar sold at Rs161 on January 21

The buying rate of the US dollar was Rs160.4, while its selling rate was Rs161 on January 21.A foreign exchange dealer said that there were no heavy payments and the supply of the dollar was also smooth.The SBP is likely to keep the policy

US dollar sold at Rs160.9 in Pakistan on Jan 20

The rupee extended losses against the dollar for the second straight session, dealers said.The decline in the foreign direct investment flows also hurt the traders’ sentiment.Pakistan’s foreign direct investment fell 30% to $953 million in

FBR’S reforms improve trade across borders

Farzana Ali KhanISLAMABAD:In a major achievement towards ensuring ease of doing business, Pakistan has improved 31 positions (from 142nd to 111th) on the rank of Trading Across Border Index. Federal Board of Revenue made trading across

US dollar sold at Rs160.1 on Jan 19

The buying rate of the US dollar was Rs160.1, while its selling rate was Rs160.8.Earlier on Monday, the rupee ended 0.12% weaker as importers and companies bought dollars to settle their payments.Dealers said increased demand for the

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