LIVE: Sindh News Online SN TV

Follow Us

  • 129 Followers
  • 27.7k Followers
  • 647 Followers

Most Popular

  • All
  • Breaking News
PIA plane crash: Punjab CM meets family of martyred pilot

PIA plane crash: Punjab CM meets family of martyred pilot

May 24, 2020
PIA plane crash: Investigation team finds engine scratch marks on runway

PIA plane crash: Investigation team finds engine scratch marks on runway

May 24, 2020
Maryam Nawaz channels her inner Halime Sultan at jalsa in GB

Maryam Nawaz channels her inner Halime Sultan at jalsa in GB

November 11, 2020
COAS visits LoC, says Army celebrating Eid-ul-Fitr in solidarity with Kashmiris under lockdown

COAS visits LoC, says Army celebrating Eid-ul-Fitr in solidarity with Kashmiris under lockdown

May 24, 2020
Online Tribute paid to famous Sindhi Fiction writer and Novelist Ali Baba on eve of his Birthday

Online Tribute paid to famous Sindhi Fiction writer and Novelist Ali Baba on eve of his Birthday

July 26, 2020
Social activist and journalist Shaheena Shaheen shot dead in Turbat

Social activist and journalist Shaheena Shaheen shot dead in Turbat

September 5, 2020
Load More
  • URDU
  • SINDHI
Thursday, September 28, 2023
  • Login
Sindh News Online
  • Home
  • News
    • All
    • Business
    • Pakistan
    • Politics
    • Science
    • World
    Inflated power bills make people simmer with anger in most parts of country

    Inflated power bills make people simmer with anger in most parts of country

    Elections within 90 days mandatory, asserts PPP

    Elections within 90 days mandatory, asserts PPP

    Nawaz Sharif

    Nawaz will return to Pakistan in October: Shehbaz

    Judge Humayun Dilawar discloses security threats to him, children in letter to CJ

    Judge Humayun Dilawar discloses security threats to him, children in letter to CJ

    Judge Humayun Dilawar who jailed PTI chief in Toshakhana case made OSD

    Judge Humayun Dilawar who jailed PTI chief in Toshakhana case made OSD

    World must acknowledge Pakistan’s sacrifices against terrorism: COAS

    World must acknowledge Pakistan’s sacrifices against terrorism: COAS

    Progress of Balochistan govt’s top priority: PM Kakar

    Progress of Balochistan govt’s top priority: PM Kakar

    Ex-PM Shehbaz’s guards manhandle journalists in London

    Ex-PM Shehbaz’s guards manhandle journalists in London

    British High Commissioner calls on Maryam Nawaz

    British High Commissioner calls on Maryam Nawaz

    In meeting with PM Kakar, US ambassador reaffirms support for free, fair elections

    In meeting with PM Kakar, US ambassador reaffirms support for free, fair elections

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Tech
    • All
    • Apps
    • Gear
    • Mobile
    • Startup
    Minar-e-Pakistan incident: 66 people arrested through geo-fencing, face matching

    Minar-e-Pakistan incident: 66 people arrested through geo-fencing, face matching

    Google marks Pakistan’s Independence Day with Khojak Tunnel doodle

    Google marks Pakistan’s Independence Day with Khojak Tunnel doodle

    US elections: Facebook, Twitter introduce new measures to battle misinformation

    US elections: Facebook, Twitter introduce new measures to battle misinformation

    Trump order limits Chinese internet giants TikTok, WeChat from operating in US

    Trump order limits Chinese internet giants TikTok, WeChat from operating in US

    US ‘certainly looking at’ banning Chinese social media apps, including Tik Tok: Pompeo

    US ‘certainly looking at’ banning Chinese social media apps, including Tik Tok: Pompeo

    5G: Singapore telcos pick Nokia, Ericsson over Huawei

    5G: Singapore telcos pick Nokia, Ericsson over Huawei

    Twitter tests feature asking you to open article before retweeting

    Twitter tests feature asking you to open article before retweeting

    George Floyd protests: Google postpones Android 11 beta launch

    George Floyd protests: Google postpones Android 11 beta launch

    TikTok India responds to criticism over controversial video glorifying acid attacks

    TikTok India responds to criticism over controversial video glorifying acid attacks

    Facebook says it removed huge number of violent, hate-speech filled posts

    Facebook says it removed huge number of violent, hate-speech filled posts

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Fiza Ali returns after spending night in jungle

    Fiza Ali returns after spending night in jungle

    Pak vs Aus: Usman Khawaja eyes 200, Australia 332-4 in Karachi Test

    Pak vs Aus: Australia wins toss, decides to bat first against Pakistan in final Test battle

    Pak vs Aus: Usman Khawaja eyes 200, Australia 332-4 in Karachi Test

    Pak vs Aus: T20I, ODI matches shifted from Rawalpindi to Lahore

    Pak vs Aus: PCB may move T20I, ODIs to Lahore as pressure mounts in capital

    Pak vs Aus: PCB may move T20I, ODIs to Lahore as pressure mounts in capital

    Pak vs Aus: Usman Khawaja eyes 200, Australia 332-4 in Karachi Test

    Pak vs Aus: Usman Khawaja eyes 200, Australia 332-4 in Karachi Test

    Cricket Australia’s Nick Hockley shows interest in hosting tri-series involving India, Pakistan

    India Women team crushes Pakistan in opening World Cup game

    India Women team crushes Pakistan in opening World Cup game

    Rawalpindi Test 2nd day: Confident Pakistan bat against Australia

    Rawalpindi Test 2nd day: Confident Pakistan bat against Australia

    Peshawar blast: Australia coach Andrew McDonald says team in ‘really, really good hands’

    Australia cricket legend Shane Warne dead aged 52

    Australia cricket legend Shane Warne dead aged 52

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    Fiza Ali returns after spending night in jungle

    Fiza Ali returns after spending night in jungle

    Coronavirus kills 35 Pakistanis, infects 1,226 in one day

    Pakistan reports 238 coronavirus cases, no deaths in 24 hours

    Pakistan reports 723 coronavirus cases, 7 deaths in 24 hours

    Pakistan reports no deaths from coronavirus as fifth wave fades away

    Pakistan reports 723 coronavirus cases, 7 deaths in 24 hours

    Pakistan reports 186 coronavirus cases, one death in 24 hours

    Pakistan reports 723 coronavirus cases, 7 deaths in 24 hours

    Pakistan reports 310 coronavirus cases, 5 deaths in 24 hours

    Pakistan reports no new COVID-19 deaths for first time since start of pandemic

    Pakistan reports no new COVID-19 deaths for first time since start of pandemic

    China weighs exit from ‘zero COVID’ and the risks involved

    China weighs exit from ‘zero COVID’ and the risks involved

    Pakistan reports 514 coronavirus cases, 2 deaths in 24 hours

    Pakistan reports 514 coronavirus cases, 2 deaths in 24 hours

    Pakistan reports lowest coronavirus deaths in over two months

    Pakistan reports lowest coronavirus deaths in over two months

    Daily COVID-19 report: Pakistan logs lowest number of deaths since Jan 11

    Daily COVID-19 report: Pakistan logs lowest number of deaths since Jan 11

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Video
No Result
View All Result
Sindh News Online
No Result
View All Result
" data-ad-slot="">
ADVERTISEMENT
Home Breaking News

Rupee continues to be on slippery ground, hits new historic low of 181.35

by admin
March 21, 2022
in Breaking News, Business, News, Pakistan
0
Pakistani rupee breaches 179 barrier against US dollar for the first time
500
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

KARACHI : (Web Desk)- There was no respite from the declining rupee trend on Monday as the currency dropped to a new all-time low of Rs181.35 against the US dollar in the inter-bank market during intra-day trade despite a decrease in the current account deficit.

The movement of the local currency against the greenback is being driven by sentiments, besides the demand and supply.

According to data released by the State Bank of Pakistan (SBP), rupee closed at Rs180.57 on Friday.

Moreover, the looming political crisis and worries about the next tranche of the International Monetary Fund (IMF) loan kept the currency under pressure.

There has been no progress on Pakistan and the IMF’s seventh review talks for the release of the next loan tranche following the breaches committed by the government on different fronts. The IMF showed concerns about the PM’s relief package.

However, Federal Minister for Finance and Revenue Shaukat Tarin claimed that Pakistan and the IMF staff-level agreement would be done this week as the Fund had sought details of the agreement between the Centre and provinces for financing PM’s Relief Package through which diesel, petrol and electricity prices were frozen at the existing level till June 2022.

Contrary to the expectations of the market, the declining current account deficit failed to entice investors and the currency continued to drop to new lows.

Earlier, speaking to Geo.tv, Pakistan-Kuwait Investment Company Head of Research Samiullah Tariq had said that the currency is under pressure due to higher demand because of the commodity prices.

He had said: “The local currency is now showing signs of the impact of the recent commodity price hike witnessed in the international market.”

Tags: hits new historic lowRupee continuesslippery ground
Share200Tweet125Share50
admin

admin

LIVE: Sindh News Online SN TV

  • About
  • Advertise
  • Privacy & Policy
  • Contact
Whatsapp: 0337 0359958

© 2020 Sindh News Online. Ali Zafar Awan (CEO) 0317 4282208, Director News: Sadar ud din Jokhio. Web Development Company Cyber Design

No Result
View All Result
  • Home
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

© 2020 Sindh News Online. Ali Zafar Awan (CEO) 0317 4282208, Director News: Sadar ud din Jokhio. Web Development Company Cyber Design

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In