Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Wed, 08 Apr 2026 06:38:19 +0500 Wed, 08 Apr 2026 06:38:19 +0500 60 Dollar drops below Rs290 against rupee https://english.aaj.tv/news/30334941/dollar-drops-below-rs290-against-rupee <p><strong>The rupee maintained its upward momentum in the interbank foreign exchange market early Tuesday as it gained Rs1.06 against the dollar, according to the State Bank of Pakistan.</strong></p> <p>The dollar closed at Rs289.80. Though the foreign currency has been following a downward trajectory against the rupee after the “crackdown” on illegal money exchangers, many experts have called for long term reforms to have stability.</p> <p>The value of the foreign currency also eased in the open market as it shed Re1 in the midday trading on Tuesday. The dollar was trading at Rs292 in the open market.</p> <p>Meanwhile, the Pakistan Stock Exchange was trading in positive territory as the benchmark KSE-100 Index gained 54.04 points or 0.12% and was trading at 46,447.71 levels in the early trading session.</p> <p> <figure class='media w-full w-full media--stretch media--embed media--uneven'> <div class='media__item media__item--twitter '><span> <blockquote class="twitter-tweet" lang="en"> <a href="https://twitter.com/StateBank_Pak/status/1706638774703431906"></a> </blockquote> </span></div> </figure></p> <p>But the stock market closed at 46,277.65 after shedding 116.02 points, against the previous day’s closing of 46,393.67.</p> <p> <figure class='media sm:w-3/5 w-full media--center media--uneven media--stretch'> <div class='media__item '><picture><img src='https://i.aaj.tv/large/2023/09/261749261182d50.webp' alt=' ' /></picture></div> </figure></p> The rupee maintained its upward momentum in the interbank foreign exchange market early Tuesday as it gained Rs1.06 against the dollar, according to the State Bank of Pakistan.

The dollar closed at Rs289.80. Though the foreign currency has been following a downward trajectory against the rupee after the “crackdown” on illegal money exchangers, many experts have called for long term reforms to have stability.

The value of the foreign currency also eased in the open market as it shed Re1 in the midday trading on Tuesday. The dollar was trading at Rs292 in the open market.

Meanwhile, the Pakistan Stock Exchange was trading in positive territory as the benchmark KSE-100 Index gained 54.04 points or 0.12% and was trading at 46,447.71 levels in the early trading session.

But the stock market closed at 46,277.65 after shedding 116.02 points, against the previous day’s closing of 46,393.67.

]]> Business & Economy https://english.aaj.tv/news/30334941 Tue, 26 Sep 2023 17:49:42 +0500 none@none.com (Syed Safdar Abbas) A Pakistani dealer counts US dollars at a currency exchange shop in Karachi - AFP