1 Rupee Note Pakistan News

‘Scathing note’, ‘mediocre judgement’: opposing views emerge on SC judge’s note

• Fawad Chaudhry wonders how a judge can dictate or impose policy on a political party • Shireen Mazari says polls ‘seem to be arousing fear in so many’KARACHI: A “scathing note”, a “necessary unravelling”, a “mediocre judgem­ent” — Justice Athar Min­allah’s detailed note issued on Friday on the Supreme Court’s suo motu proceedings on the provincial polls’ delay attra­c­ted all kinds of reactions from people on both sides of the fence and the...

‘Fake news’: Info minister dismisses false notification of ban on Rs5,000 note

Interim Information Murtaza Solangi on Thursday dismissed a ‘notification’ circulating online that falsely claimed the government had imposed a ban on Rs5,000 currency notes, terming it “fake news”...

The government of Pakistan shall act against people spreading this kind of fake news to create chaos...

When India killed the 1,000-rupee note, this start-up hustled

Two months ago, with no warning, the Indian government said it was scrapping 500- and 1,000-rupee banknotes, in a stroke excising four-fifths of the nation’s paper money...

In subsequent weeks, the bills were replaced with new 500- and 2,000-rupee notes...

Pemra seeks ARY News response to IB complaint against 'fake news'

The Pakistan Electronic Media Regulatory Authority (Pemra) on Saturday directed ARY News to respond to a complaint filed by the Intelligence Bureau (IB) against its report on a list of lawmakers suspected of links with banned militant groups allegedly compiled by the IB...

The list first came to light when ARY News programme 'Power Play' aired a report on Sept 25 claiming that former prime minister Nawaz Sharif had directed the IB on...

Local news channel claims to have hired first transgender news anchor

Local news channel Kohenoor News on Friday claimed to be the first in the country to have hired a transgender woman as a news anchor...

Maavia Malik, who launched her career in the entertainment industry as a model, was first seen on Kohenoor News during a Pakistan Day news transmission on March 23...

Pemra serves notices to ARY, Bol News over 'fake' news regarding cabinet reshuffle

The Pakistan Electronic Media Regulatory Authority (Pemra) has issued show-cause notices to ARY News and Bol News for airing news items regarding a reshuffle in the federal cabinet and change in the portfolios of some federal ministers, it emerged on Tuesday...

The two media outlets had aired the news on Monday morning about a possible reshuffle in the posts for Minister for Finance and Minister of State for Interior held by Asad Umar...

Rupee rises in interbank after news of $2.3bn China rollover

The rupee was recovering against the dollar on Thursday, gaining Rs3 in the interbank market, with analysts attributing the development to the announcement of a $2...

According to the Forex Association of Pakistan, the rupee appreciated by Rs3 to reach Rs207...

Rupee report: Rupee largely stable against dollar

The rupee mostly held its ground against the dollar in the local currency market last week, as the effects of foreign inflows and the dollar’s rise against global currencies largely cancelled each other out...

On the interbank market, the rupee started the week by dropping 12 paisas for buying and 10 paisas for selling owing to a rise in demand for the forex currency by importers...

Rupee report: Rupee inches up vs dollar

DIVERGENT trend was witnessed in the local currency market last week as politics overshadowed the trading activities where the dollar displayed strength against the rupee amid mounting month-end dollar demand owing to buying pressure for import and corporate payments...

Commencing the week on a negative note, the rupee traded in minus against the dollar in the first four trading sessions in the interbank market, owing to persistent...

Rupee report: Rupee strengthens against dollar

THE rupee has been showing a stable trend against the dollar over the past few months after some hefty rises and falls in early 2016...

Besides, higher inflows under home remittances ahead of Eid-ul-Fitr, strict SBP monitoring to stabilise domestic currency also provided support to the rupee...

Rupee report: Rupee-dollar parity stable

IN the local currency market, the rupee/dollar parity last week displayed almost a stable trend amid minor variations...

Last week on the interbank market, the rupee/dollar parity traded almost stable amid minor variations in dull trading...

Rupee report: Rupee under pressure

The rupee remained under pressure from both the dollar and the euro in the local currency market last week...

On the interbank market, the rupee started the week by losing 20 paisas for buying and 21 paisas for selling, sending the greenback up at Rs101...

Rupee report: Rupee firm against dollar

During the week, the rupee traded firm against the dollar but fluctuated against the euro...

Trading activity mostly remained sluggish throughout November with the rupee-dollar parity moving both ways in narrow ranges in the interbank market...

Rupee report: Rupee trades flat against dollar

THE rupee/dollar parity continued to trade range-bound for the third consecutive week, moving both ways on the interbank market...

Commencing the week on a positive note, the rupee in the first trading session inched up by one paisa and two paisas on the buying and selling counters respectively...

Rupee report: Rupee’s downtrend continues

THE rupee showed a weakening trend in the local currency market last week, but traded in a narrow range...

However, the State Bank of Pakistan continued to provide dollars to cater to import payments, restricting the rupee from falling sharply against the dollar...