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Israel economy jolted after Hamas attacks as it currency lowered down to lowest level in 8 years

Abuzar UsamaOctober 9, 2023October 9, 2023

October 9, 2023October 9, 20230626

Tel Aviv: Israel economic jolted after the Hamas Operation Al-Quds Flood as it currency shekel lowered down to the lowest level against the US dollar...

Caretaker economic delegation leaves for Morocco to attend World Bank, IMF meetings

Abuzar UsamaOctober 8, 2023October 8, 2023

October 8, 2023October 8, 20230663

Islamabad: The economic team of caretaker government in the leadership of interim Finance Minister Shamshad Akhtar left for Morocco. The team will attend meetings of...

Pak rupee appreciation against US dollar continues as it gains Rs 2.50 in O-M

Abuzar UsamaOctober 6, 2023October 6, 2023

October 6, 2023October 6, 20230629

ISLAMABAD: Pakistan rupee appreciation against the US dollar continued on Friday in the open market as it gained Rs 2.50 after which it closed at...

PSX ends week on bullish trend as market closed at 47,493 after uptick of 41 points

Abuzar UsamaOctober 6, 2023October 6, 2023

October 6, 2023October 6, 20230637

Karachi: Pakistan Stock Exchange (PSX) on Friday ended the week at bullish trend as market closed at 47493 after an uptick of 41 points. As...

US dollar devaluation against Pakistani rupee continues

Abuzar UsamaOctober 5, 2023October 5, 2023

October 5, 2023October 5, 20230746

Karachi: Devaluation of the US dollar continued on Thursday as its depreciated by Rs 1.6 against Pakistani rupee in the inter-bank market. After the reduction...

Bullish trend continues in PSX as market closes at uptick of 372 points

Abuzar UsamaOctober 5, 2023October 5, 2023

October 5, 2023October 5, 20230688

ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 372.55 points, a positive change of 0.79 per cent,...

Pakistan-GCC FTA will help enhance Pakistan’s exports to Gulf States: Gohar

Abuzar UsamaOctober 5, 2023October 5, 2023

October 5, 2023October 5, 20230768

Islamabad: Caretaker Commerce Minister Gohar Ejaz says the Gulf Cooperation Council has signed a Free Trade Agreement with Pakistan, which will be helpful in enhancing...

SIFC Apex Committee decides to fast-track privatization of govt entities in loss

Abuzar UsamaOctober 4, 2023October 4, 2023

October 4, 2023October 4, 20230816

Islamabad: Sixth meeting of the Apex Committee of Special Investment Facilitation Council was held in Islamabad and reviewed various initiatives being spearheaded through the SIFC...

Peace of mind snatched as SBP official tells consumers only Rs 0.5 million protected in commercial banks

Abuzar UsamaOctober 4, 2023October 4, 2023

October 4, 2023October 4, 20230754

Islamabad: Deputy Governor State Bank of Pakistan (SBP) on Wednesday snatched people’s peace of mind as he apprised that only half million rupees of the...

PSX bullish today as it closed after uptick of 323 points

Abuzar UsamaOctober 4, 2023October 4, 2023

October 4, 2023October 4, 20230593

Karachi: Pakistan Stock Exchange (PSX) saw bullish trend on Wednesday as its 100-index crossed limit of 47000 while the market closed at 47,079 after an...

Dollar constant depreciation continues as it reduced by Rs 1.4 in I-B market

Abuzar UsamaOctober 4, 2023October 4, 2023

October 4, 2023October 4, 20230590

Karachi: The constant devaluation of the US dollar continued on Wednesday as it reduced by Rs 1.4 and closed at Rs 284.68 in the inter-bank...

FBR imposes 10 percent processing fees on five items imported from Afghanistan

Abuzar UsamaOctober 3, 2023October 3, 2023

October 3, 2023October 3, 20230490

Islamabad: The interim government has taken a major step against smuggling on goods imported from Afghanistan under the Pak-Afghan transit trade. Under the anti smuggling...

Mix trend witnessed at PSX today

Abuzar UsamaOctober 3, 2023October 3, 2023

October 3, 2023October 3, 20230713

Karachi: A mixed trend witnessed at Pakistan Stock Exchange (PSX) today while the market closed at 46756 after an uptick of 129 points. The today’s...

Strengthening of Pakistani rupee continues against US dollar

Abuzar UsamaOctober 3, 2023October 3, 2023

October 3, 2023October 3, 20230675

Karachi: Strengthening of Pakistani rupee continued against the US dollar as the US currency depreciated Rs 1.4 inter-bank market while the greenback devalued against rupee...

Three Organizations Join Hands To Foster Political Stability And Economic Revival In Pakistan.

Abuzar UsamaOctober 2, 2023October 2, 2023

October 2, 2023October 2, 202301000

The Frederick Naumann Foundation for Freedom Pakistan (FNF) in collaboration with the Center for Peace and Development Initiatives (CPDI) and the Policy Research Institute of...

The Dollar Further Lost Its Value Against The Pakistani Rupee.

Abuzar UsamaSeptember 26, 2023September 26, 2023

September 26, 2023September 26, 202301337

There is a continuous decline in the value of the dollar in the interbank market. Today, the dollar has become 90 paisas cheaper. Over the...

After The Dollar, The Price Of Gold Also Decreased Continuously.

Abuzar UsamaSeptember 26, 2023September 26, 2023

September 26, 2023September 26, 202301260

The price of gold is also experiencing a continuous decrease after the dollar. In the country, the price of gold per tola has decreased by...

US dollar devaluation, Petroleum products prices likely to be reduced in next month: Solangi

Abuzar UsamaSeptember 25, 2023September 25, 2023

September 25, 2023September 25, 20230897

Karachi: Caretaker Information Minister Murtaza Solangi has said that with the government efforts the US dollar prices lowered down by Rs 35 in just 15...

Caretaker PM calls on British investors who are keen to invest in financial, capital market of Pakistan’

Abuzar UsamaSeptember 25, 2023September 25, 2023

September 25, 2023September 25, 20230870

London: The British investors have expressed their keen interest in exploring promising investment opportunities in the financial and capital market of Pakistan, reflecting a growing...

NEPRA decides to increase electricity rates by Rs 3. 28 under three-month adjustment

Abuzar UsamaSeptember 22, 2023September 22, 2023

September 22, 2023September 22, 20230822

Islamabad: National Electric Power Regulatory Authority (NEPRA) has decided to increase electricity prices by Rs 3.28 under a three-month adjustment. The NEPRA has sent its...

SSP’s son arrested after clash at DHA…

CM Afridi inaugurates Peshawar Ring Road Northern…

Man killed in Karachi sheesha café during…

Punjab implements strict regulations for Kite-Flying in…

Awais Leghari declares end to power load-shedding

Trump considers military options as Iran war…

President Zardari returns to Pakistan following five-day…

ISPR announces Pakistan security forces eliminate 13…

Pakistan, other countries condemn Israeli attack on…

Labour day marked nationwide to honour workers’…