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References in periodicals archive ?
When analyzing the respective elevational averages for the month of July 2019-high growns, totalling 449.10 rupees for July 2019 have recorded a decrease of 9.45 rupees vis-a-vis 458.55 rupees of June 2019.
'The rupee came under pressure [against the US dollar] on forecast for a further pickup in inflation,' Taurus Securities' analyst Mustafa Mustansir said while talking to The Express Tribune.
Rumours doing the rounds suggest that the rupee will touch 180-200 against the US dollar (49-54.5 versus UAE dirham).
During the day, the rupee remained stable at 141.39 to the greenback in the inter-bank market, the State Bank of Pakistan reported.
When Ravi Karunanayake was sworn in as the Minister of Finance in January 2015, the Sri Lankan rupee stood at 134.03 rupees against the US Dollar.
In December 2017, the central bank withdrew its support for the rupee as a devaluation measure.
It has USD 400 billion worth of it, which is quite enough to defend rupee if necessary," he asserted.
Total revenues with non-tax revenues of 75.3 billion rupees (up 32 percent) grew 5 percent to 920.8 billion rupees, and current spending of 995.6 billion generated a revenue deficit of 74.8 billion rupees, for the half year, up from 42 billion rupees a year earlier.
On the interbank market, the rupee moved both ways, remaining under pressure against the dollar throughout last week.
The Indian rupee on Tuesday extended its fall to a record low of 70.0800 against the dollar, before closing 0.05 per cent lower at 69.8925, as traders suspected an intervention from the central bank.
The rupee plunged to 34.85 against the UAE dirham, or 128 against the US dollar, on Monday, becoming the worst performing currency in Asia as the State Bank of Pakistan devalued the rupee for the fourth time in the last seven months.
The banknotes issued from 1998 to 2015 (500 Rupees, 100 Rupees, 50 Rupees, 25 Rupees and 10 Rupees) will remain legal tender and will be in circulation until they are officially demonetised by the Central Bank of Seychelles.