why is pkr rupee falling?
479718
Late on Thursday, the central bank issued a statement saying the sharp fall in the rupee "reflects demand and supply conditions in the foreign exchange market" and would help in correcting market imbalances. ... Hashemy noted market talk that oil imports were already facing payment pressure.
85779
So, the claim by the social media post and other similar messages flooding your WhatsApp box is false. The RBI has not issued new Rs 1,000 currency coins.
47008
PC Jeweller share price fell in afternoon trade today after the firm reported a net loss of Rs 376.8 crore on a standalone basis during the fourth quarter of last fiscal on account of loss in export business. ... PC Jeweller share price fell 9.37% to 73 level intra day compared to the previous close of 80.55 level on BSE.
1094218
One domestic factor behind the weakening of the rupiah is the lower-than-expected growth of Indonesia's gross domestic product (GDP) as a result of sluggish consumer demand. However, the depreciation against the US dollar is not isolated to the rupiah. Other major Asian currencies have fallen against the dollar too.
943140
Since India was under British rule Rupee was pegged to Pounds. From 1927 to 1966, it was 13 rupees = 1 pound. This arrangement continued until 1966 when the rupee was devalued and pegged to the U.S. dollar at a rate of 7.5 rupees = 1 dollar.
33583
Since 1957 an Indian rupee is divided into 100 paise.
323109
There is a direct link between exchange rate and inflation. Suppose the exchange rate increases from Rs 40 a dollar to Rs 50. Then the price of a product that costs $100 in the world market goes from Rs 4,000 to Rs 5,000 in the Indian market. So, rupee depreciation directly hits inflation.
1078684
Investment Rationale MRPL's stock price has declined 37% in FY20 YTD due to concerns about benchmark GRMs and shutdowns further impacting the performance. The brokerage expects the refining margins to remain weak while the dependence on the Nethravathi River until the desalination plant comes on stream in 2021.
826794
However, the ultimate issue is that NPCI represents a too-big-to- fail entity. If it was hit by either a negative financial event or a data-security breach, the broader impact would be significant. Especially, when there is a 'lack of redundancy and fall back arrangements,' said the RBI in its paper.
515098
This decline was caused by weakening palm oil prices traded on the Bursa Malaysia. The latest data released by Amspec Agri Malaysia reported that Malaysian CPO exports volume in the September 2019 period fell by 21% to 1.3 million tons from 1.65 million tons compared to the August 2019 period.
7948
Pence Sterling To Pakistani Rupee Today's Rate GBX/PKR - Mataf.
1455040
rs 1 is not equal to $1 because value of indian currency is 60times less in the foreign market. ... so the value of dollars is obviously more in regards of rupee but now a days India is growing fast and value of rupee increasing day by day.
1411640
To simply explain the correlation, when the value of the dollar increases relative to other currencies around the world, the price of gold tends to fall in dollar terms. It is because gold becomes more expensive in other currencies. As the price of any commodity moves higher, demand recedes.
842555
This is because J&J took a 13.6 BN dollar tax hit in Q4 2017 pertaining to the new tax law introduced in US where multinationals can repatriate their cash from foreign operations at reduced tax rates. So the FY EPS went down considerably and hence the PE ratio shot up.
1086076
Latest Currency Exchange: 1 Kuwaiti Dinar = 246.34 Indian Rupee.
359981
Based on the government's thought process, there can be a decline in the PPF interest rates. To combat the current global recession, GDP needs a strong boost. The government is instructing banks to reduce interest on the loans. It is possible if banks offer lower interest on deposits.
494529
Actually most of the reason for fall in SBI can be attributed to the fact hat Videocon Industries owes 43,000 crores to banks, which it is likely not to pay. SBI is the biggest lender to Videocon, and given the current situation of Videocon, it is likely that amount will turn up to be NPA.