Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Exchange Companies Association of Pakistan on... Published 04 Jan, 2024 05:58am
Markets Open-market: rupee continues uptrend against US dollar The Pakistani rupee extended gains against the US dollar in the open market on Thursday, while the local currency... Published 28 Dec, 2023 09:34pm
Print Six major currencies: ECs implement new exchange rate mechanism KARACHI: Following the directives of the State Bank of Pakistan (SBP), Exchange Companies Association of Pakistan... Updated 28 Dec, 2023 09:40am
Markets Open-market: rupee drifts higher against US dollar The Pakistani rupee registered slight gain against the US dollar in the open market on Wednesday, while the local... Updated 27 Dec, 2023 10:44pm
Markets Open-market: rupee registers minor gain against US dollar The Pakistani rupee registered slight improvement against the US dollar in the open market on Tuesday, while the... Updated 26 Dec, 2023 10:13pm
Business & Finance Govt urged to create investment opportunities KARACHI: Experts have urged the government to create appealing investment opportunities to incentivize legal inflows... Published 26 Dec, 2023 04:30am
Print Open market exchange rate calculation: Mechanism finds favour with ECAP Exchange Companies Association of Pakistan appreciates State Bank of Pakistan’s efforts for stability of exchange rate Updated 26 Dec, 2023 10:02am
Print Open market: SBP unveils new exchange rate mechanism KARACHI: In order to ensure transparency and credibility to the process of compiling open market exchange rate, the... Updated 23 Dec, 2023 02:50pm
Markets Open-market: rupee continues to recover against US dollar The Pakistani rupee maintained its upward trend against the US dollar in the open-market as well on Monday as the... Updated 02 Oct, 2023 07:13pm
Print ECs have no role in volatile exchange rate: Bostan KARACHI: Malik Muhammad Bostan, Chairman of Exchange Companies Association of Pakistan (ECAP), Tuesday said Exchange... Updated 20 Sep, 2023 10:43am
Markets Open-market: rupee weakens marginally against US dollar The rupee’s appreciation run in the open market came to a stop as the Pakistani currency inched lower against the US... Updated 13 Sep, 2023 05:19pm
Print ECs all praise for army chief KARACHI: There are reports that exchange companies (ECs) have surrendered $ 20 million to the interbank market... Updated 08 Sep, 2023 09:34am
Print ECAP resents deployment of LEAs’ personnel at exchange cos KARACHI: The Exchange Companies Association of Pakistan (ECAP) has opposed deployment of personnel of law... Updated 06 Sep, 2023 10:54am
Markets Open market: rupee sees strong recovery against US dollar Gap with inter-bank market narrows, but still over IMF-prescribed limit Updated 05 Sep, 2023 06:51pm
Markets Open-market: USD hits 331 against PKR The US dollar climbed to new heights against the rupee in the open-market, and hit the 331 level during trading. On... Updated 01 Sep, 2023 02:41pm
Print Debit, credit cards: ECAP suggests 10pc tax on shopping abroad KARACHI: Exchange Companies of Pakistan (ECAP) Chairman Malik Muhammad Bostan Thursday suggested early imposition of... Updated 02 Jun, 2023 12:07pm
Print Forex buyers, sellers: Senate panel urged to remove CNIC-video condition ISLAMABAD: Exchange Companies Association of Pakistan (ECAP) Chairman Malik Bostan Wednesday suggested to the Senate... Updated 30 Mar, 2023 08:27am
Print Exchange rate: Removal of cap to inject stability into currency market: Bostan KARACHI: The Chairman of Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan Friday said the... Updated 28 Jan, 2023 12:35pm
Markets KSE-100 increases over 1,000 points as Pakistan moves to revive IMF programme Across-the-board buying seen in index-heavy sectors Updated 26 Jan, 2023 07:18pm
Markets Rupee plunges to record low in inter-bank market after nearly 10% fall PKR finishes at 255.43 against the US dollar, a loss of Rs24.54 in a single day Many analysts believed the rupee was due for a 'delayed correction' as Pakistan moved to meet IMF conditions Updated 26 Jan, 2023 07:15pm
Print SBP officials, ECAP leaders discuss USD supply KARACHI: The State Bank of Pakistan (SBP) has assured dollar supply against export of other currencies to exchange... Updated 26 Jan, 2023 10:46am
Markets FCY: how did open market behave after Exchange Companies lifted the price cap All eyes were on the open market of foreign currency on Wednesday after the Exchange Companies (ECs) lifted what... Updated 26 Jan, 2023 03:57am
Markets 26th successive fall: rupee depreciates against US dollar Currency loses Re0.49 to close at 230.89 in inter-bank market Updated 25 Jan, 2023 11:02pm
Print ECs lift cap on dollar rate KARACHI: The Exchange Companies Association of Pakistan (ECAP) has announced removal of price cap on exchange rate... Updated 25 Jan, 2023 08:51am
Markets Exchange companies set to remove ‘self-imposed price cap’ on open-market dollars Association says it will sell the foreign currency in accordance with demand-supply dynamics Published 24 Jan, 2023 07:46pm
Markets 20th straight loss: rupee depreciates against US dollar Currency loses Re0.32 to close at 228.66 in the inter-bank market Updated 17 Jan, 2023 08:08pm
Print Remittances, export proceeds: ECAP seeks special exchange rate KARACHI: In order to enhance the foreign inflows, the Exchange Companies Association of Pakistan (ECAP) has... Updated 17 Jan, 2023 11:22am
Business & Finance Bostan explains how hundi/hawala business gets a huge boost KARACH: Exchange Companies Association of Pakistan (ECAP) President Malik Bostan Monday said that black marketing of... Published 27 Dec, 2022 07:10am
Markets Rupee registers another fall against US dollar in inter-bank market Currency closes at 225.4 against the US dollar on Wednesday Updated 21 Dec, 2022 08:08pm
Markets Pakistan: where formal channels suffer, and 'grey' markets prosper Pakistan’s inability to curb the rise of smuggling and enforce regulation has enabled the ‘grey’ currency market to... Updated 14 Dec, 2022 07:57pm
