Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Sat, 04 Apr 2026 20:10:50 +0500 Sat, 04 Apr 2026 20:10:50 +0500 60 Dollar spikes against rupee, basic grocery prices shoot up https://english.aaj.tv/news/30296560/dollar-spikes-against-rupee-basic-grocery-prices-shoot-up <p><strong>KARACHI: The dollar appreciated against the rupee by Rs1.26 in the inter-bank market on Monday, as the country tackles one of the worst flood situations in its history. The greenback closed at Rs221.92.</strong></p> <p>The dollar was being traded at Rs230 in the open market in the early morning trade. The development comes as the International Monetary Fund is scheduled to hold its <a href="https://www.aaj.tv/news/30295614">executive board meeting</a> today (Monday) for the release of more than a $1 billion tranche for Pakistan.</p> <p>Pakistan was <a href="https://www.aajenglish.tv/news/30296358/pakistan-hopeful-of-getting-green-signal-from-imf-next-week">hopeful</a> of getting over a $1 billion tranche from the International Monetary Fund by Tuesday after meeting all the requirements of the global lender, Miftah Ismail, finance czar said last week.</p> <p> <figure class='media w-full w-full media--stretch media--uneven media--stretch'> <div class='media__item media__item--twitter '><span> <blockquote class="twitter-tweet" lang="en"> <a href="https://twitter.com/StateBank_Pak/status/1564202066997813248?s=20&amp;t=XqqpFMhfmHthSbhSiHjbaQ"></a> </blockquote> </span></div> </figure></p> <p>Prices of basic commodities have also increased after flash floods triggered by heavy rains as sellers complain of interruption in the supply chain.</p> <p> <figure class='media w-full w-full media--stretch media--uneven media--stretch'> <div class='media__item media__item--twitter '><span> <blockquote class="twitter-tweet" lang="en"> <a href="https://twitter.com/Aaj_Urdu/status/1564152446863261696?s=20&amp;t=IwKiyxznLXAG33Y0VGuxzg"></a> </blockquote> </span></div> </figure></p> KARACHI: The dollar appreciated against the rupee by Rs1.26 in the inter-bank market on Monday, as the country tackles one of the worst flood situations in its history. The greenback closed at Rs221.92.

The dollar was being traded at Rs230 in the open market in the early morning trade. The development comes as the International Monetary Fund is scheduled to hold its executive board meeting today (Monday) for the release of more than a $1 billion tranche for Pakistan.

Pakistan was hopeful of getting over a $1 billion tranche from the International Monetary Fund by Tuesday after meeting all the requirements of the global lender, Miftah Ismail, finance czar said last week.

Prices of basic commodities have also increased after flash floods triggered by heavy rains as sellers complain of interruption in the supply chain.

]]> Business & Economy https://english.aaj.tv/news/30296560 Mon, 29 Aug 2022 16:11:06 +0500 none@none.com (Syed Safdar Abbas) AFP/File