Dollar depreciate by 26 paisa in interbank
Karachi: Pak Rupee become stronger against US Dollar in interbank. In the currency market , the US dollar fall by 26 paisa in interbank and...
Gold price rise again by 1800 rupees per tola.
Karachi: The price of gold increase once again in the gold market by 1800 rupees per tola. The gold became expensive again, the gold price...
PSX witness a mixed trend in business session
Karachi: On the fourth day of business week Pakistan Stock Exchange (PSX) witnessed a mixed trend. On the fourth day of the business week in...
US dollar weaken again by 25 paisa
Karachi: American dollar fall by 25 paisa against Pak rupee. In the currency market the dollar declined further by 25 paisa and closed at Rs....
Gold price decline by 500 rupees per tola
Karachi: The price of gold has decreased by 500 rupees per tola and being sold at Rs. 218,000 After decreased of 500 rupees , gold...
World Bank approves 350 million dollar loan for Pakistan
WASHINGTON: The World Bank’s Board of Executive Directors approved $350 million in financing for the Second Resilient Institutions for Sustainable Economy (RISE-II) Operation, which aims...
EXIM Bank to emerge as single window operation for exporters: Dr. Shamshad
slamabad: Caretaker Minis TVter for Finance, Revenue and Economic Affairs Dr. Shamshad Akhtar has termed the operationalization of EXIM Bank, a major milestone to augment...
ADB, Pakistan sign $1.2 billion loan agreement
Islamabad: The Asian Development Bank signed a $1.2 billion loan agreement with Pakistan, the ADB officials confirmed on Wednesday. The agreement comprises funding for budget...
Uptick in Gold price continues as Rs 900 increases on per tola gold
Karachi: Uptick in gold prices continued on Wednesday as per tola gold price increased by Rs 900 and is being sold at a price of...
The abundance of fake notes of 5000 across the country.
Islamabad: The abundance of fake notes of 5000 across the country , even Deputy Governor of state bank was unable to identify the fake bank...
Money laundering of billions rupees under the guise of solar panels
Islamabad: State bank has not yet been able to take any concrete steps regarding money laundering. Banks were only fined 90 million upon money laundering...
PSX experienced a sharp decline.
Karachi: On the second day of the business week, the Pakistan Stock Exchange experienced a sharp decline. Due to big decrease of 2371 points ,...
Dollar fall by 20 paisa in inter bank
Karachi: Dollar value decreased continuously second day of business week. In the interbank the price of dollar decreased by 20 paisa and closed at Rs....
Gold prices consecutively increase second day by Rs 400 per tola
Karachi: Gold prices on consecutive second witnessed an uptick of Rs 400 per tola and is being sold at a price of Rs 2, 17,...
PSX lost 66 thousand mark due to recession.
Karachi: Pakistan Stock Exchange index lost 66 thousand mark due to recession. On the first day of the business week, the Pakistan Stock Exchange was...
Gold price increase again.
Karachi: The price of gold rised again in local as well as in international market. The price of gold increased again. Gold per tola increased...
Dollar value decrease again
Karachi: American dollar fall against Pakistan rupee by 26 paisa in inter bank Dollar is trading in interbank at Rs.283 with the decreased value by...
Fertilizer prices increase across the country.
Islamabad: In Rawalpindi the price of 50 kg urea sack increased by Rs.1000 , while in other areas of the country Urea price also increased....
Saudi Aramco acquires 40 percent equity stake in Gas and Oil Pakistan
Dhahran: Aramco, one of the world’s leading integrated energy and chemicals companies, today signed definitive agreements to acquire a 40% equity stake in Gas &...
A major Cut in the prices of petroleum products.
Islamabad: The Ministry of finance has issued a notification regarding the reduction in the price of petroleum products. According to the notification petrol is cheaper...
PSX witness a tremendous boom on the last day of business week
Karachi: The Pakistan Stock Exchange index increased 719 points and crossed the limit 66,169. The Pakistan Stock Exchange index rose on the last day of...
The US dollar fall more in the currency market
Karachi: American dollar value decreased by 25 paisa in the Interbank The dollar became cheaper in the currency market by 25 paisa, due to the...
Major reduction likely in prices of petroleum products today
Islamabad: After decrease of crude oil in the international market, it is likely that major reduction in petroleum products prices will be made in the...
Utility Stores reduce Ghee prizes by Rs 17 per kg, cooking oil prices by Rs 48 per liter across country
Islamabad: Utility Stores Corporation (USC) has reduced the Ghee and cooking oil prices of well-known brands across the country. According to a spokesman, the price...
Mixed trend in PSX on 4th day of business week
Karachi: On the fourth day of business week Pakistan Stock Exchange had a mixed Trend. The market closed at 65,450 with an increase of 170...
Dollar decrease by 10 paisa against Pakistani Rupee.
Karachi: In interbank dollar value fall by 10 paisa Dollar went into reverse gear in the currency market. the price of the dollar decreased by...
PTCL acquire 100 % stake in Telenor Pakistan through a purchase agreement
Islamabad: Pakistan Telecommunication Company Limited (PTCL) announced that it has signed a share Purchase agreement with the Telenor Pakistan to acquire 100 % stake in...
PTCL buys 100 percent shares of Telenor for Rs 108 billion
Islamabad: Pakistan Telecommunication Company Limited (PTCL) has entered into a Share Purchase Agreement (SPA) with the shareholders of Telenor Pakistan (Private) Limited (TPL) for the...
Major uptick of Rs 5700 reported in per tola gold today
Karachi: A major uptick has reported in gold prices on Thursday as the per tola price of 24 karat gold increased by Rs.5,700 and was...
Continuous decline in Gold prices continue as 10 gms of gold reduces by Rs 858
Karachi: The continuous decrease in prices of Gold continued today on Wednesday as per tola gold was sold at a price of Rs 2,12,600. On...
Bearish trend grips PSX today as market losses 1146 points
Karachi: Pakistan Stock Exchange (PSX) turned bearish on third day of the business week, Wednesday as it lost 1146 points and also squandered limit of...
US dollar devalues in inter-bank and open market
Karachi: The US dollar devalued on Wednesday both in inter-bank trading and in the open market. The greenback reduced by 17 paisa in inter-bank trading...
Immense investment of Saudi Arabia in Pakistan
Dhahran: Saudi company Aramco’s major investment in Pakistan, purchased shares of gas and oil company According to the sources , the Saudi company Aramco bought...
A big cut in the price of gold by Rs.1800 per tola
Karachi: The price of gold fall by Rs. 1800 per tola in local market. Gold price decrease once again in the gold market, the price...
PSX turns bullish again as 100 Index crosses 66, 362 mark after an uptick of 350 points
Karachi: Pakistan Stock Exchange (PSX) on Tuesday turned to bullish again as 100 Index crossed 66, 362 after gaining 350 points....
US dollar depreciates by 40 paisa against Pakistani rupee today
Karachi: The US dollar depreciated by 40 paisa against Pakistani rupee on Tuesday (today) in the intra bank trading. After a decline of Rs 0.40...
SBP to announce monetary policy today
Karachi: State Bank of Pakistan (SBP) will announce a monetary policy today (Tuesday). The monetary policy will be announced for two months. The central bank...
PSX witness huge fluctuations on Monday.
Karachi: The first day of business week saw a huge fluctuations in the Pakistan Stock Exchange On the first day of the business week, the...
Dollar value slightly increase in interbank.
Karachi: In Interbank dollar value increased by 3 paisa against Pak rupee American dollar reached Rs.283.90 in interbank. Meanwhile, in the open market, the dollar...
Gold prices decrease as 10 gms reduces by Rs 171
Karachi:The per tola price of 24 karat gold decreased by Rs.200 and was sold at Rs.215,400 on Monday compared to its sale at Rs. 215,600...
SBP to announce monetary policy on December 12
KARACHI:State Bank of Pakistan (SBP) will announce monetary policy on Tuesday, December 12. The central bank announced that the Monetary Policy Committee (MPC) of SBP...
Per Tola Gold reduces by Rs 3000
ISLAMABAD: The per tola price of 24 karat gold decreased by Rs.3,000 and was sold at Rs.215,600 on Saturday. Yesterday it was sold at Rs.218,600....
Sharp rise in PSX index on the last day of the business week
Karachi: The Pakistan Stock Exchange (PSX) saw a sharp rise in the index on the last business week With increased of 1336 points Pakistan stock...
Dollar value decrease by 25 paisa
Karachi: dollar depreciate by 25 paisa against Pak rupee. An increase in the value of rupee in the currency market. dollar decreased by 25 paisa,...
Gold price reduce by Rs 300 per tola
Karachi: Gold price decreased by Rs. 300 per tola With the reduction of Rs. 300 the gold price per tola became Rs. 218,600 while the...
PSX remains bullish as it gains 800 points to close at 64,718.08
ISLAMABAD: The 100-index of Pakistan Stock Exchange (PSX) witnessed bullish trend on Thursday, gaining 800.35 more points, closing at 64,718.08 points. A total of 1,316,526,260...
Rupee appriciates against US dollar in Inter-bank trading
ISLAMABAD: Pakistani Rupee on Thursday gained 03 paisa against US Dollar in the inter-bank trading and closed at Rs 284.11 The greenback was closed at...
Gold prices decrease again as Rs 800 ruduces on Per tola gold
ISLAMABAD: The per tola price of 24 karat gold witnessed an increase of Rs.800 on Thursday and was sold at Rs.218,900 against its sale at...
PSX historically bullish as 100-index crosses 64000
Karachi: Pakistan Stock Exchange (PSX) on Wednesday third day of business week achieved two milestone back to back as first the 100-index crossed 63000 limit...
PSX achieves another milestone as 100-Index crosses 63000 mark
KARACHI: Bulls on Wednesday gripped the Pakistan Stock Exchange (PSX) as the benchmark index achieved a new milestone by crossing the 63,000 mark for the...