US Dollar Gets Raise In Its Value As Rs 4 Increased In Its Price In Open Market
Karachi: The US dollar has taken high flight on Friday in open market after almost two weeks as the dollar price increased by Rs 4...
Dollar Devaluation Streak Continues As It Losses 12 Paisa In Inter-bank Market
Karachi: The streak of US dollar devaluation continued on consecutive end of second week as the greenback reduced 12 paisa on Friday in the inter-bank...
Dar Meets World Bank’s Regional Vice President for South Asia
Finance Minister Senator Mohammad Ishaq Dar held a meeting with World Bank s Regional Vice President for South Asia Martin Raiser. Federal Minister for Economic Affairs...
Gold Rates up By Rs1,800 Per Tola
The per tola price of 24 karat gold on Thursday witnessed an increase of Rs1,800 and was sold at Rs148,100 against its sale at Rs146,300...
Three Provinces Left With No Electricity After Fault in Main Transmission Line
KARACHI: A major power breakdown has hit Karachi and other cities of the country as an Extra High Tension (EHT) line tripped and affected the...
Karachi Hit By Major Power Breakdown
KARACHI: A major power breakdown was reported from Karachi as multiple areas of the metropolis were out of electricity, confirmed K-Electric spokesperson Imran Rana on...
CNG Stations Across Sindh Including Karachi To Remain Close From Oct 14 To Oct 17
Karachi: The Sui Southern Gas Company (SSGC) has announced closure of Compress Natural Gas (CNG) stations all across the province. As per the SSGC, all...
PKR Continues Upward Trend Against Dollar
KARACHI: Pakistani currency continued to stabilize on the third working day of the week, as it made fresh recovery against the US dollar in the...
Bearish Trend at PSX
KARACHI: The Pakistan Stock Exchange (PSX) Tuesday reversed its uptrend as looming uncertainty dampened investor sentiment and they resorted to selling off their holdings in...
SSGC Rules Out 18-hour Gas Loadshedding
ISLAMABAD: Sui Southern Gas Company (SSGC) Tuesday rejected the reports that plans are afoot to increase the duration of gas loadshedding to 18 hours from...
Finance Minister Leaves For USA To Hold Talks With World Bank, IMF
Islamabad: Finance Minister Senator Ishaq Dar has left for the United States. During the visit, he will hold talks with IMF and World Bank officials....
Rupee Continues Strengthening Against Dollar On Start Of New Week
Karachi: Pakistani rupee appreciation continued on the start of the third week as it gained another Rs1.95 today in inter-bank market. According to data released...
Bullish Trend At PSX As 100 Index Gains 126.39 Points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend today, gaining 126.39 points, closing at 42,211.64 points. A total of 240,194,764 shares...
SBP Issues Monetary Policy For Next Seven Weeks Retains Interest Rate Unchanged At 15 Percent
KARACHI: The State Bank of Pakistan (SBP) decided today to leave its key interest rate unchanged at 15% for the next seven weeks. “The committee...
Dar Summons ECC Meeting
ISLAMABAD: Finance Minister Ishaq Dar has summoned Economic Coordination Committee (ECC) of the cabinet to be held today (Monday) in Islamabad. According to sources, Economic...
Pakistan Is Not Going To Paris Club For Rescheduling Of Its Loans: Ishaq Dar
Islamabad: Finance Minister Ishaq Dar says all Letters of Credit payments up to fifty thousand dollars will be released by the next month. Talking to...
PSX Sheds By 75 Points
KARACHI: The Pakistan Stock Exchange (PSX) on Friday succumbed to selling pressure after closing positive for four consecutive sessions and lost 75 points in topsy-turvy...
Weekly Inflation Raised by 0.29pc
ISLAMABAD: The weekly report registered an increase in inflation by 0.29 percent, bringing the country’s overall inflation rate to 29.4 percent on Friday. According to...
Dollar Devaluation Continues As Its Price Reduce by Rs 2.2 In Inter-bank Market
Karachi: Rupee is getting strong consecutively in the second week as the dollar price decreased by Rs 1.50 in the open market. After the reduction...
Govt Announces Provision of Electricity to Exporters At Subsidised Rate
ISLAMABAD: The government on Thursday announced that it will provide subsidised electricity to the country’s exporters at Rs19.99 per unit. This was stated by Finance...
Gold Price Plunges By Rs3,400 Per Tola
KARACHI: The price of 24-karat per tola gold witnessed a sharp decline of Rs3400 on Thursday and was sold at Rs.144,900 against its sale at...
PSX Gains More 549 Points
KARACHI: The 100-index of the Pakistan Stock Exchange (PSX) continued with a bullish trend on Thursday, gaining 549.15 points, a positive change of 1.32 percent,...
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...