Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Thu, 09 Apr 2026 03:53:19 +0500 Thu, 09 Apr 2026 03:53:19 +0500 60 Intra-day update: rupee records marginal drop against US dollar https://english.aaj.tv/news/30302591/intra-day-update-rupee-records-marginal-drop-against-us-dollar <p><strong>Pakistani rupee registered a marginal decline against the US dollar in the inter-bank market and depreciated 0.14% in the opening hours of trading on Thursday.</strong></p> <p>At around 10:25 am, the rupee was being quoted at 220.99, a depreciation of Re0.31 against the greenback, during intra-day trading. On Wednesday, the Pakistani rupee reverted to its old ways against the US dollar and closed at 220.68 after depreciating Re0.95 or 0.43%.</p> <p>Experts attributed the rupee’s decline amid political uncertainty after Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Tuesday announced the start of a long march from Lahore to Islamabad on Friday (October 28), causing negative sentiment among market players.</p> <p>In another key development, the Asian Development Bank (ADB) on Wednesday released $1.5 billion for Pakistan to support the economy and rehabilitate the affected people in the wake of recent floods.</p> <p>State Bank of Pakistan (SBP) received $1.5 billion from ADB in value on 26 October 2022 as a disbursement of a policy-based loan for the Government of Pakistan.</p> <p>These proceeds have increased the FX reserves of SBP and will be reflected in the reserves for the week ending 28 October 2022,� the central bank said in a tweet on Thursday</p> Pakistani rupee registered a marginal decline against the US dollar in the inter-bank market and depreciated 0.14% in the opening hours of trading on Thursday.

At around 10:25 am, the rupee was being quoted at 220.99, a depreciation of Re0.31 against the greenback, during intra-day trading. On Wednesday, the Pakistani rupee reverted to its old ways against the US dollar and closed at 220.68 after depreciating Re0.95 or 0.43%.

Experts attributed the rupee’s decline amid political uncertainty after Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Tuesday announced the start of a long march from Lahore to Islamabad on Friday (October 28), causing negative sentiment among market players.

In another key development, the Asian Development Bank (ADB) on Wednesday released $1.5 billion for Pakistan to support the economy and rehabilitate the affected people in the wake of recent floods.

State Bank of Pakistan (SBP) received $1.5 billion from ADB in value on 26 October 2022 as a disbursement of a policy-based loan for the Government of Pakistan.

These proceeds have increased the FX reserves of SBP and will be reflected in the reserves for the week ending 28 October 2022,� the central bank said in a tweet on Thursday

]]> Business & Economy https://english.aaj.tv/news/30302591 Thu, 27 Oct 2022 19:50:10 +0500 none@none.com (INP) A trader counts Pakistani rupee notes at a currency exchange booth in Peshawar. Reuters/Fayaz Aziz//File Photo