Rupee’s Appreciation Trend Continues As Dollar Falls By Rs 3.50 In OM
Karachi: An uptick in value of Pakistani rupee continues in consecutive second week today (Thursday) as the greenback prices fell in inter-bank market by Rs...
ADB to Give Pakistan Up to $2.5b in Flood Relief Support
ISLAMABAD: Asian Development Bank has announced to provide flood relief support to Pakistan to the tune of 2.3 to 2.5 billion dollars including 1.5 billion...
Ishaq Dar Chairs Meeting To Review Gas Supply in Winter
Minister for Finance and Revenue Mohammad Ishaq Dar presided over a meeting on gas supply during winter in Islamabad on Wednesday. The meeting was apprised...
Price Of 10 gram 24 Karat Decreases by Rs150
Islamabad: The price of 24 karat per tola gold witnessed a decrease of Rs150 on Wednesday and was sold at Rs148,300 against its sale at...
PSX Witnessed Bullish Trend Today As 260 Points Increased
Islamabad: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 260.99 points and closed at 41,611.42 As many as...
Rupee Value Against Dollar Rises By Rs 1.70 In Inter-bank Market
Islamabad: Pakistan rupee on Wednesday appreciated by Rs 1.70 against the US dollar in the interbank trading and closed at Rs 223.93. Yesterday the dollar...
US Dollar Down By Rs1.14 In Interbank
KARACHI: Pakistani currency continued to stabilize for the third working day of the week, as it made fresh recovery against the US dollar in the...
Rupee Appreciation Continues As Dollar Price Declined By Rs 1.50 In Open Market
Karachi: Appreciation of rupee continued in the second week today Tuesday as well as the dollar price devalued by Rs 1.65 in the inter-bank market....
Consecutive Second Day Mixed Trend Prevailed At PSX
Karachi: Pakistan Stock Exchange on consecutive second day of week today (Tuesday) remained mix in the trends as the market closed at 41, 350 points...
Rupee Continues Winning Streak Against Dollar
KARACHI: Pakistani currency continued to stabilize for the second working day of the week, as it made fresh recovery against the US dollar in the...
We Will Bring Down Dollar Price Below Rs 200 As It’s Present Value Is Not Real: Ishaq
Islamabad: Federal Minister for Finance Ishaq Dar today said that the real value of dollar is below Rs 200 and in next days it will...
Crude Prices Rally as Top Producers Mull Big Output Cut
HONG KONG: Oil prices jumped more than three percent in Asian trade Monday as OPEC and other top producers considered slashing output by a million...
Mix Trend Prevails In PSX Today
Karachi: A mixed trend prevailed at Pakistan Stock Exchange (PSX) today (Monday). The market closed at 41,211 after an uptick of 83 points. As a...
Dollar Depreciation Continues As Rs 1.16 Decreased In Inter bank market today
Karachi: Appreciation of rupee continued today (Monday) first day of the week as US currency fell by Rs 1. 16 in the interbank market while...
PR Increases Fares of Trains
With the resumption of train services across the country that were halted due to devastating floods, Pakistan Railways (PR) jacked up fares of trains, including...
ECC Approves Dealer Transfer Price of 50 kg Imported Urea at Rs2150 Per Bag
The ECC has approved Dealer Transfer Price of 50 kg imported Urea bag at 2150 rupees per bag and incidental charges at 620.47 rupees per...
PR Decides To Resume Operations For Karachi From October 2
In a major relief for passengers, Pakistan Railway (PR) decided to resume train services from October 2 in phases in the country, which was halted...
FBR Extends Tax Return Filing Date Till Oct 31
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for filing income tax returns for individuals and companies to October 31. The news...
Govt Slashes Price of Petrol By Rs 12.63 Per Litre
Newly appointed Finance Minister Ishaq Dar on Friday slashed the price of petrol by Rs12.63 per litre giving massive relief to the inflation-weary people. Addressing...
OGRA Reduces LPG Residential Cylinder Price By Rs 10. 35
Islamabad: Oil and Gas Regulatory Authority (OGRA) has decreased prices of residential Liquefied petroleum gas (LPG) cylinder by Rs 10. 35. The OGRA has issued...
Appreciation Of Rupee Continues As Dollar Price Reduces By Rs 1. 18 In Inter-bank Market
Karachi: Slashing of dollar value continued on consecutive sixth session today (Friday) on the last day of the week. Interbank closing #ExchangeRate for todayhttps://t.co/RyU6imaAiQ pic.twitter.com/nIAeYhAk3r...
Gold Price Declines in Pakistan
KARACHI: Gold price in Pakistan declined despite rising international prices as rupee appreciation weighed on investors’ sentiment refraining them from investing. The gold price declined...
Bullish Trend Prevails At PSX Today As 114 Points Increased
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) turned around Friday to bullish trend, gaining 114.81 points, a positive change of 0.28 percent, closing...
PSX Sheds By 421 Points
KARACHI: The bulls took a break at the Pakistan Stock Exchange (PSX) on Thursday as profit-booking pulled the benchmark KSE-100 index lower by 421 points....
Gold Price Up By Rs2,200
KARACHI: Gold continued to shine in the local market on Thursday as the price rose by 1.5%, and as a result, investors once again started...
NEPRA Reduces Electricity Prices For Karachiites By Rs 4.87
Islamabad: National Electric Power Regulatory Authority (NEPRA) today decreased electricity prices for K-electric customers by Rs 4. 87. The NEPRA has reduced the electric prices...
US Dollar Declining Trend Continues As It Depreciated In Open and Inter-Bank Markets
Karachi: Dollar price devaluing trend continued today (Thursday) as it depreciated by Rs 3. 12 in inter-bank market. The Pakistani rupee continued its upward trend...
Dar Lauds Saudi Government’s Support for Investment Projects in Pakistan
ISLAMABAD: Finance Minister Muhammad Ishaq Dar has expressed deep gratitude to Saudi government over unstinted support for pursuing investment projects in Pakistan. He expressed these...
PSX Sheds By 80 Points
KARACHI: The intensifying political heat in the country took a toll on the Pakistan Stock Exchange (PSX) on Wednesday as the benchmark KSE-100 index dipped...
Dollar Declining Trend Continues As It Devalued by Rs 1.79 In Inter-bank Market
Karachi: A trend of rupee appreciation continued today (Wednesday) as the US currency devalued by Rs 1. 79 in the inter-bank market after which dollar...
Finance Minister Ishaq Dar Vows To Revive Economy
Islamabad: Newly appointed Federal Minister for finance Ishaq Dar has vowed to revive the economy of the country. Talking to the media persons in Islamabad,...
Rupee Makes Recovery Against Dollar
KARACHI: Pakistani currency continued to stabilize for the second working day of the week, as it made fresh recovery against the US dollar in the...
Gold Price Plunges By Rs6,800 Per Tola in Pakistan
KARACHI: Gold price in Pakistan slumped to 4.5% falling below the threshold of Rs150,000 per tola as the rupee clocks its best day in six...
Bullish Trend Grips PSX As Market Crossed Its Limit of 41,000
Karachi: Bullish trend gripped Pakistan Stock Exchange today (Monday) as the market crossed its limit of 41,000 after addition of 531 points. The market closed...
Dollar Flight Comes To Halt As It Prices Depreciate Both Inter-bank and Open Markets
KARACHI: The rupee gained 2.63 against the dollar to reach 237.02 in inter-bank market., according to the State Bank of Pakistan (SBP), up in value...
Rupee Recovers Against Dollar in Interbank
KARACHI: Pakistani currency continued to stabilize for the second consecutive working day, as it made fresh recovery against the US dollar in the inter-bank market...
Weekly Inflation Eases Slightly, Falls to 29.28 Percent
The prices of essential commodities witnessed a considerable decrease as the Sensitive Price Indicator (SPI) based weekly inflation for the week ended on September 22...
PSX Closes Negative After Losing 370 Points
Karachi: Negative trend prevailed at Pakistan Stock Exchange today (Friday) on the last of the week The market closed at 40, 620 after a decrease...
Dollar Flight Stopped As Tiny Decrease Reported In Inter-bank and Open Markets Today
Karachi: The dollar high flight stopped at least as a tiny decrease of six paisa reported in dollar price in the inter-bank market on last...
Gold Prices Fall By Rs400 per Tola
KARACHI: Gold resumed its downtrend in Pakistan in line with the fluctuation in the international market. Data released by the All Pakistan Sarafa Gems and...
Dollar Depreciated By 50 Paisa In Open Market
Karachi: A tiny increase reported in the US dollar in the interbank market. The greenback appreciated by six paisa in the inter-bank market closed at...
Mix Trend Prevails At PSX Today
Karachi: Mix trend prevailed at Pakistan Stock Exchange (PSX) today (Thursday) fourth day of the week. The PSX had closed on 41,927 after a decrease...
Pakistan’s Current Account Deficit Shrinks by 42% to $703m
KARACHI: The policies adoped to curtail the import ban have continued to bear fruit as Pakistan’s latest current account deficit — the gap between the...
Bearish Trend Prevails at PSX
KARACHI: The bears pulled the benchmark KSE-100 index below the 41,000-point mark as it extended losses for the sixth consecutive session. A host of robust...
PM Shahbaz Calls On World Bank President
NEW YORK: President World Bank Group, David Malpass called on Prime Minister Muhammad Shehbaz Sharif here on Wednesday. During the meeting held here on the...
ECC Approves Rs10bln For NDMA To Procure, Logistics Of Flood Relief Items
The Economic Coordination Committee of the cabinet has approved ten billion rupees the National Disaster Management Authority for procurement and logistics of relief items for...
PM, MD IMF discuss matters of mutual interest
New York: Managing Director International Minority Fund IMF Ms. Karistalina Georgieva called on Prime Minister Shehbaz Sharif in New York today (Wednesday). During the meeting,...
Rupee Devaluation At Record Low Of 239.65 Against Dollar
KARACHI: The Pakistani rupee continued to fall for the 14th consecutive session on Wednesday and hit a record historic low against the US dollar, In...
Govt Increases Petrol By Rs1.45/Litre
ISLAMABAD: In another jolt to the inflation-hit masses, the government has increased the petrol price by Re 1.45 per litre while kept the price of...
Gold Price UP in Pakistan
KARACHI: The gold rates in Pakistan on Tuesday recorded an increase of Rs400 per tola. According to the All-Pakistan Jewellers Manufacturers Association, per tola price...