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Pakistani Rupee reaches record low against U.S. Dollar

30 / 11 / 2018

Pakistani Rupee reaches record low against U.S. Dollar

The Pakistani Rupee reached a record low of PKR 139 against the U.S. Dollar today following a 3.8% depreciation, according to reports. This is attributed to the fifth currency devaluation by the...

Pakistani Rupee depreciates by 7% against the U.S. Dollar

09 / 10 / 2018

Pakistani Rupee depreciates by 7% against the U.S. Dollar

The Pakistani Rupee depreciated by around 7% against the U.S. Dollar today (9 October), according to reports. This has been attributed to a suspected currency devaluation by the State Bank of...

Brazil currency update

08 / 10 / 2018

Brazil currency update

The Brazilian Real has appreciated by 3.87% against the U.S. Dollar since Friday (5 October) to BRL 3.73 at 12:00 UTC today (8 October), the lowest level since 7 August. According to reports, the...

Argentina’s Peso depreciates against U.S. Dollar

30 / 08 / 2018

Argentina’s Peso depreciates against U.S. Dollar

The Argentine Peso depreciated to a new low against the U.S. Dollar yesterday (29 August) as investors were concerned by President Macri's request for an early release of standby funds from the...

Brazil’s Real depreciates against U.S. Dollar

22 / 08 / 2018

Brazil’s Real depreciates against U.S. Dollar

The Brazilian Real weakened to more than BRL 4 to the U.S. Dollar yesterday (21 August), reaching its lowest level since March 2016. The loss comes following poll figures released at the start of...

India’s Rupee depreciates against U.S. Dollar

16 / 08 / 2018

India’s Rupee depreciates against U.S. Dollar

The Indian Rupee depreciated by 2.05% from 10 – 16 August to a record low of INR 70.32 against the U.S. Dollar at 08:00 UTC. According to local reports, India’s trade deficit widened to...

Argentina’s Peso depreciates against U.S. Dollar

14 / 08 / 2018

Argentina’s Peso depreciates against U.S. Dollar

According to reports, Argentina’s Central Bank has raised interest rates from 40% to 45% in reaction to the Peso depreciating by 2.4% against the U.S. Dollar on Monday (13 August), with...

Turkey’s Lira depreciates against U.S. Dollar

13 / 08 / 2018

Turkey’s Lira depreciates against U.S. Dollar

The Turkish Lira has depreciated by more than 40% so far this year to TRY 6.87 against the U.S. Dollar as of UTC 09:00 today. According to reports, the Lira has fallen particularly sharply since...

Pakistan currency update

31 / 07 / 2018

Pakistan currency update

The Pakistani Rupee has appreciated by 5.43% against the U.S. Dollar since Friday (27 July), the sharpest appreciation in almost a decade, according to reports. The appreciation has been caused by...

Pakistan’s Rupee falls against the U.S. Dollar

16 / 07 / 2018

Pakistan’s Rupee falls against the U.S. Dollar

The Pakistani Rupee has depreciated by 1.88% against the U.S. Dollar from 13 – 16 July due to a suspected devaluation of the Rupee by the State Bank of Pakistan, according to reports. The...