Pakistani rupee strengthens as dollar weakens interbank
Pakistani rupee strengthens as dollar weakens interbank
Global agencies hail Pakistan’s economic turnaround
The naira recorded more than N3 weekly exchange rate depreciation despite sustained FX intervention sales by the Apex Bank. The official spot rate closed at N1450.4287 per dollar on Friday, depreciated...
https://dmarketforces.com/naira-lost-despite-cbn-intervention-foreign-reserves-hit-45bn/
Saudi Arabia renews $3bn deposit for Pakistan
Philippines gross foreign reserves at $109.7 billion at end-October
Bank of Korea Governor Rhee Chang-yong said the current won-dollar exchange rate does not signal a crisis, citing stable CDS premiums and global market assessments, while noting recent volatility and ongoing tariff issues with the US and China.
The dollar-won exchange rate pared gains in after-hours trading, holding above 1,420 won as global dollar strength persisted, while U.S.-China tensions and South Korean authorities' intervention limited further upside.