US dollar Inter-bank exchange rate saw Rs 1.19 rise during past week
Karachi: The current rate for US Dollar stands at Rs 278.80, as the inter-bank exchange rate saw a notable Rs 1.19 rise during the past...
Price of 24-karat gold per tola reaches Rs 212,000
Karachi: The price for 24-karat gold per tola reached Rs 212,000. Even for those looking to purchase smaller quantities, 10 grams of 24-karat gold are...
Dollar appreciated in open and inter-bank market sightly today
Karachi: The US dollar appreciated in the open market today by Rs 0.5 while at the end dollar closed on Rs 280.50. In the inter-bank...
100-index of PSX continues with bullish trend, gaining 366.72 points today
Islamabad: The 100-index of Pakistan Stock Exchange (PSX) on Friday continued with bullish trend, gaining 366.72 points, a positive change of 0.73 per cent, closing...
Gold rates continue to increase in Pakistan
The gold prices continue upward journey in Pakistan as per tola price witnessed an increase of Rs2,200 in the domestic market, AbbTakk News reported on...
IMF demands immediate increase in gas prices
Islamabad: The International Monetary Fund (IMF) has demanded immediate hike in the gas prices. The international lender has expressed its concerns to Pakistan over not...
K-electric files petition in NEPRA to get raise in electric prices for second time in one quarter
Islamabad: K-electric, a soul distributor of electricity to all across Karachi, has filed a petition in the National Electric Price Regulatory Authority for increasing electricity...
Pakistan finalizes long-term oil purchase agreement with Russia
ISLAMABAD:Pakistan has finalized a long-term oil purchase agreement with Russia, allowing local refineries to directly procure oil. This agreement with Russia is poised to offer...
Gold rates dip by Rs.200 to Rs.206,300 per tola
ISLAMABAD: The per tola price of 24 karat gold decreased by Rs.200 and was sold at Rs. 206,300 on Thursday. The price of 10 grams...
Bullish trend at PSX as market closes after gaining 993 points
ISLAMABAD: The 100-index of Pakistan Stock Exchange (PSX) on Thursday gained 933.67 points, a positive change of 1.89 per cent, closing at 50,365.15 points A...
US dollar depreciates in inter-bank as well as open market today
Karachi: The US dollar depreciated today in inter-bank as well as the open market. The greenback devalued by Rs 1 in open market after which...
Gold prices in Pakistan decreased by 200 Rupees on October 19, with a $13 increase in international market rates
On October 19, the price of gold in Pakistan decreased by 200 Rupees per tola, resulting in the price per tola being 206,300 Rupees. Additionally,...
Recent uptick in US dollar price is artificial: Zafar Paracha
Karachi: Secretary general Exchange Companies Association Zafar Paracha has declared an uptick in the US dollar price as an artificial. Talking in Abbtakk New Program...
Govt prepares to introduce uniform gas tariff for non export industries on IMF suggestion
Islamabad: The finance ministry has started preparations to introduce uniform tariff of gas for non export industries. The ministry has taken the measure on the...
Dollar ends its declining trend as it appreciated Rs 3 in inter-bank, Rs 4 in open market
Karachi: The Pakistani rupee fell against the dollar on Wednesday in the inter-bank as well as the open market. The local currency fell Rs3.26 or...
Pakistan starts preparations for talks with IMF before arrival of its review mission
Islamabad: Pakistan has started preparations for talks with the International Monetary Fund (IMF) set to be held in the current month. Before the arrival of...
Various brands of Ghee and Oil prices reduced at Utility stores across country
Islamabad: Various brands of oil and ghee at the utility stores across the country reduced on Tuesday (today). The per kg prices of ghee is...
Transport fares decreased by 15 to 10 percent : Interim CM Punjab
Lahore: Interim Chief Minister Punjab Mohsin Naqvi has given good news to masses as he said that the transport fares have cut by 15 percent...
WB agrees to provide Pakistan 150 million dollars
Islamabad: The World Bank agreed to provide Pakistan 150 million dollars while Pakistan will get 135 million dollars as a loan for energy sector projects...
Govt decides to uptick gas prices by 100 percent
Islamabad: The caretaker set up has decided to increase gas prices by 100 percent. The interim government has prepared a summary of the gas price...
Govt decides to pass on big relief to masses as Rs 40 decreases on Petrol, Rs 15 on HSD per litre
Islamabad: The interim government has taken a major decision to provide a big relief to the masses as Rs 40 decreased on petrol, and Rs...
Petrol price likely to lower down below Rs 300 in review for upcoming fortnightly
Islamabad: It is likely that petrol price per litre lowered down to below Rs 300 in the next fortnightly. In a review for upcoming fortnightly...
US dollar declining trend continues as it losses Rs 1 in open market
Karachi: The US dollar declining trend continued on Thursday (today) as it lowered down to Rs 278 after a reduction of Rupee 1, as per...
PSX bullish trend continues as market closed gaining 297 points
Karachi: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday and gained 297.17 points, a positive change of 0.61 per...
Major reduction in Gold price as per tola price falls 7800
Karachi: Gold prices once again lowered less than two lakhs as Rs 7800 decreased in per tola price. As per the gold association, after reduction...
Govt completes preparation for hike in gas prices across country from Oct 1
Islamabad: Government has completed preparations for hike in the gas prices from October 1. Oil and Gas Regulatory Authority (OGRA) made a summary for the...
Fawad vows to privatize all loss making SOEs to reduce financial burden
Islamabad: Minister for Privatization Fawad Hassan Fawad here on Wednesday reiterated his government’s commitment to privatize all loss-making State-Owned Enterprises (SOEs) to reduce financial burden...
Rupee Continues to strengthen against US dollar
Karachi: The rupee continued to strengthen against the US dollar in the interbank market on Tuesday. The State Bank of Pakistan (SBP) said Pakistani exchange...
Unemployment rate to reduce to 8 percent in current year: IMF outlook report
Washington: It is likely that inflation rate will remain 23. 6 percent in Pakistan as the International Monetary Fund (IMF) issued the Out look report....
Mari petroleum discover news gas treasures in Sindh
Hyderabad: In a fresh development regarding the energy sector as the Mari petroleum has discover a new treasures of gas in Sindh. A 11.1 Million...
Israel, Palestine escalation impact starts surfacing as raw oil prices uptick to five percent
New York: The impact of escalations between Israel and Palestine has started to surface on the international level as raw oil prices have an uptick...
Israel economy jolted after Hamas attacks as it currency lowered down to lowest level in 8 years
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
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
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
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
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
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
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
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
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
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
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
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
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
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...
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Three Organizations Join Hands To Foster Political Stability And Economic Revival In Pakistan.
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.
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.
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
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’
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...