Tag: dollar demand

The Indian rupee reached an all-time low of 84.0725 against the US dollar, pressured by persistent dollar demand from foreign banks. The decline follows two months near the 84 level and is exacerbated by weakness in other Asian currencies.(Reuters)
Posted in Business

Rupee dips to lifetime low on dollar bids by foreign banks

 October 14, 2024  Leave a Comment on Rupee dips to lifetime low on dollar bids by foreign banks

Oct 14, 2024 10:14 AM IST The Indian rupee fell to a record low of 84.0725 against the US dollar, driven by strong dollar demand…

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Pakistan: Pakistan rupee drops to record low as import restrictions ease
Posted in Pakistan News

Pakistan: Pakistan rupee drops to record low as import restrictions ease

 August 22, 2023  Leave a Comment on Pakistan: Pakistan rupee drops to record low as import restrictions ease

KARACHI, Pakistan, – Pakistan‘s rupee fell to a record low in the interbank market on Tuesday due to an easing in import restrictions that has…

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