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...
K-electric Files Petition In NEPRA To Reduce Electricity Charges By Rs 4.21
Islamabad: There is a good news for citizens of Karachi as K-electric has filed petition in National Electric Power Regulatory Authority (NEPRA) to decrease the...
Country’s Exports Witness Increase of 40.53 % During First 2 Months of FY2022-23
Exports from the country have witnessed an increase of 40.53 percent during the first two months of current fiscal year as compared to the corresponding...
PSX Sheds by 158 Points
KARACHI: The Pakistan Stock Exchange (PSX) once again plunged into the red zone as the latest round of rupee depreciation pushed the benchmark index down...
Gold Prices Slip In Pakistan
KARACHI: Gold prices slipped in Pakistan as the dollar ticked up in the international market and investors showed caution in the run-up to the announcement...
Dollar Appreciation Continues Against Pakistani Rupee
Karachi: The devaluation of Pakistani rupee against the US dollar continued today (Monday) first day of the new week as an uptick of Rs 4....
Flour Prices Hit All-Time High in Pakistan
Prices of flour have reached an all-time high in the country as a 20-kg flour bag is being sold at Rs2400 in Karachi and Quetta,...
Dollar Continues to Strengthen Against Rupee in Interbank
KARACHI: The US dollar maintained its upward trend in interbank on fifth business day of the week. According to details, the greenback rose by Rs1.12...
Another Tax Added in KE Bills
KARACHI – K-Electric has started collecting taxes on behalf of the Karachi Metropolitan Corporation (KMC) from the citizens of Karachi through the monthly power bills....
Turkiye-Pakistan Agree To Work on Project of Providing Gas From Russia
Pakistan and Turkiye have decided to continue high-level exchanges to further enhance the multi-dimensional strategic relations between the two countries. The decision was taken during...
Gold Price Increases By Rs150 Per Tola
KARACHI: The gold prices in Pakistan on Thursday recorded an increase of Rs150 per tola in the domestic market. According to the All Pakistan Jewellers...
Devaluation Of Rupee Continues As Dollar Price Increases In Inter-Bank, Open Market
Karachi: The appreciation of US dollar continued today (Thursday) as it price against Pakistani rupee increased by Rs 1.56 in the inter-bank market and closed...
Bearish Trend Gripped PSX Today
Karachi: A bearish trend was witnessed at the Pakistan Stock Exchange (PSX) today as 100 index lost itspsychological level of 42,000. The market closed at...
Dollar Increases In Open Market By Rs 2
Karachi: The appreciation of US dollar continued today (Thursday) as it prices against Pakistani rupee increased both in the inter-bank market and the open market....
PIA Slashes Fares By 10 to 22 Percent On Its Flights To Two Cities Of China
Karachi: The national carrier, Pakistan International Air-line (PIA) has decreased fares of flights to China by 10 percent A spokesman of the PIA, apprised that...
PSX Ends On Positive Note As 10 Points Added In 100-Index
Karachi: Pakistan Stock Exchange (PSX) ended on positive note as 10 points added in 100-Index today. On third day of a week the mix trend...
Fuel Adjustment Charges On Consumers Using 300 Units Not Ended But Delayed: Khurram
Islamabad: Minister for Power Engineer Khurram Dastgir Khan has said that a fuel adjustment charges for consumers using up to 300 mw electricity has been...
Dollar Prices Increased Both In Open and Inter-bank Markets
Karachi: Dollar flight continued to rise on Wednesday as the greenback got expensive by Rs 2.40 in the interbank market. In the same way, the...
Gold Price Increases By Rs500 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs.500 on Tuesday and was sold at Rs.156,500 against its sale at...
K-Electric To Start Load shedding In Industries Owing To Low Supply Of Gas From SSGC
Karachi: K-electric spokesperson has said the company is going to start load-shedding during night time in the industries owing to low supply of gas by...
PSX Closes At Positive Zone As Uptick Of 139 Reported In 100-Index
Karachi: Trading of the businesses at Pakistan Stock Exchange (PSX) today closed on a positive zone as an uptick of 139 points reported in 100-index....
Another Week Starts With Devaluation Of Rupee
Karachi: Another week started with devaluation of rupees today (Monday) as the US dollar appreciated today (Monday) by Rs 1. 64 in the inter-bank market...
Mix Trend Grips PSX Today
Karachi: A mix trend gripped Pakistan Stock Exchange (PSX) today (Monday) as 100 index had crossed 42,000 benchmark after a hike during the day while...
US Dollar Appreciation Continues In Open and Inter-Bank Market
Karachi: The US dollar appreciation has continued today (Monday) as the greenback strengthened more. As per the forex dealers the dollar value increased in the...
Bullish Trend At PSX On First Day Of Business Week As 199 Point Increased
Karachi: A bullish trend is being seen in the Pakistan Stock Exchange (PSX) on the first day of business week as 100 index crossed limit...
If We Were Not Gone To IMF Then We Would Have Been Defaulted: Miftah Ismael
Lahore:Finance Minister Miftah Ismail has urged the business community to come forward and donate in Prime Minister Relief Fund for the rehabilitation of flood victims....
Dollar Rising Trend Continues As It Increased By Rs 2.58
Karachi: The dollar rising trend continued on Friday as the greenback turned expensive by Rs 2.58 in the inter-bank market. After an uptick of Rs...
Bullish Trend In PSX As 189 Points Increased
Karachi: Pakistan Stock Exchange after a few days freed from bearish trend on Friday on the last day of business week as 231 points increased...
Dollar Appreciation Continues As Rs 2 Increased In Inter-bank Market
KARACHI: The Pakistani rupee’s downfall against the US dollar continued for the fifth consecutive session on Thursday. The local unit closed at 225.42 after losing...