It’s on the rise again

It closed at Rs140.24 in the open market on Friday

The finance ministry says Asad Umar didn’t tweet anything about exchange rates

It has risen by 90 paisa

Since hitting its all-time high of Rs140.3 in November, the dollar hasn’t shown any major fluctuations

Since hitting its all-time high in November, the dollar has been trading below that mark

It traded at Rs139.2 against the rupee in the open market Friday morning

The greenback has been hovering at this level for nearly three weeks

It has been relatively stable for around two weeks

In 2018, the greenback increased 27% against the rupee to reach an all-time high of Rs140.3

December has shown some stability in the exchange rate

The greenback gained Rs1 in four trading sessions this week

It was trading at Rs134 in the interbank market Friday morning

KARACHI: The State Bank of Pakistan said it will continue to closely monitor developments in the foreign exchange markets and ensure stability in the financial markets. In a statement, the Bank said the current exchange rate is broadly aligned with the economic fundamentals. It said the Pakistani rupee-US dollar exchange rate in the inter-bank market…

WASHINGTON: The International Monetary Fund's member nations warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of “moderate” global growth and “uneven prospects.” While economies in developed countries have strengthened, some emerging nations are being hit by weaker commodity prices and exports, the IMF's steering committee…