Tag: PKR
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PKR Extends 67th Day of Gains Against USD as Rupee Climbs vs Major Currencies
Overview: PKR Extends Winning Streak Against USD The Pakistani rupee (PKR) continued its surprising strength against the United States dollar (USD), marking the 67th consecutive day of gains in late trading on Friday. Investors cheered a combination of improving domestic macro signals, cautious optimism about IMF program progress, and a generally softer greenback, helping the…
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PKR Rebounds for 67th Consecutive Day Against USD as Rupee Extends Win Streak
Pakistan’s Rupee Extends its 67th Day of Gains Against the US Dollar The Pakistani rupee (PKR) closed higher against the US dollar for the 67th consecutive trading day on Friday, signaling persistent buying pressure and improving sentiment in the local currency market. The session saw the PKR finish at around 280.17 per USD, marking another…
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Rupee Climbs for 67th Straight Day Against US Dollar, Markets Eye Momentum
Pakistan’s Rupee Extends Winning Streak to 67th Consecutive Day Against USD The Pakistani rupee (PKR) continued its remarkable run, finishing in positive territory against the US dollar for the 67th consecutive trading day. On Friday, the PKR closed at 280.17 per USD after flanking gains of about three paises, underscoring sustained demand-supply dynamics that have…
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PM Denies Role for Nurul Izzah as Selangor MB: Personal Opinion Not From His Office
Overview: A Personal Opinion, Not an Official Plan In a clarification that aims to quell speculation about leadership succession, Prime Minister Datuk Seri Anwar Ibrahim asserted that suggestions involving his daughter, Nurul Izzah Anwar, taking over as Selangor Mentri Besar are nothing more than personal opinions. He emphasized that he has not discussed the matter…
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Anwar Says Govt Vehicles Used for PKR Campaign, Sabah Events Included
PKR’s Anwar Ibrahim Addresses Use of Government Vehicles in Campaigns In a move aimed at clarifying messaging around campaign logistics, PKR president Anwar Ibrahim publicly asserted that government vehicles were used during party events. He indicated that some of the instances occurred during campaigns tied to the Sabah state polls, where PKR announced candidates for…
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Anwar: PMs Use Govt Vehicles for Party Events in Sabah
Clarifying Anwar’s remarks on government vehicles In a public address during a Sabah visit to announce PKR candidates for the upcoming state polls, party president Anwar Ibrahim asserted that prime ministers have used government vehicles for political campaigns, including party events in Sabah. He framed his remarks as a critique of what he described as…
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Pakistan’s Gold Market Volatility Surges: What’s Driving the Turbulence
Overview: Persistent volatility in Pakistan’s gold market Pakistan’s gold market has been characterized by sharp, ongoing volatility, with little sign of stabilization in recent months. Traders describe price swings that reflect a complex mix of international bullion dynamics and domestic economic pressures. The fluctuations have implications for buyers, sellers, and policy makers who track the…