Posts tagged as: rupee dollar

KSE Stocks Fall Amidst Foreign Outflows and Rupee Weakens

PKR

Karachi Stock Exchange (KSE) again saw a negative trend because of investors getting cautious due to the recent foreign outflows. The 100-share index closed at 33,537.42, down by 261.38 points due to foreign outflows of more than $20 million earlier. “The market opened with a negative sentiment as more than $20 million foreign outflow was […]

Financial markets: Stocks stable albeit conducive conditions

Amid depreciation in the Pakistan Rupee against the US Dollar, stocks have shown a steady trend in October. The exchange rate shows how much one currency is currently worth in terms of the other. If the value of the local currency increases in terms of the foreign currency, the local currency is said to be […]

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