Pakistan foreign currency reserves deplete after stalemate over IMF package
Pakistan foreign currency reserves are depleting after the persistent stalemate over the renewal of the IMF package.
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Pakistan foreign currency reserves are depleting after the persistent stalemate over the renewal of the IMF package.
The resurgence in covid fears may be a ruse to sell the rupee as investors may be seeing currency’s overvaluation
Rupee opens on flat note PTI Mumbai | Updated on × Volatile domestic equities, weak Asian currencies and stronger dollar will weigh on rupee; but anticipated dollar inflows and improving India Covid situation could cap the depreciation: Reliance Securities The Indian rupee opened on a flat note and inched higher by 3 paise to 73.15 against the US dollar in early trade on Thursday amid a muted trend in domestic equities. At the interbank foreign exchange, the domestic unit opened at 73.16 against the dollar, then inched higher to 73.15, registering a gain of 3 paise over its previous close. ...