Dollar Price Decreases In Inter Bank Market By Rs 1.38
Karachi: Dollar price decreased on Wednesday by Rs 1.38 after which it is trading at Rs 237 in the inter-bank market. The greenback price decreased...
Govt Approves Loans Under Mera Ghar Mera Pakistan Housing Scheme
KARACHI: The government approved the issuance of loans under the Mera Ghar Mera Pakistan Housing Scheme. The State Bank of Pakistan has issued a circular...
Gold Price Sheds By Rs3,500 in Pakistan
KARACHI: Gold prices were subdued on Wednesday in choppy trade as a rupee appreciation and the prospect the central bank could raise interest rates after...
PSX Gains 115 Points
KARACHI: The bears and bulls locked horns at the Pakistan Stock Exchange (PSX) on Tuesday as the KSE-100 index traded on both sides of the...
PSX Closes On Positive Note As 100 Index Sees Uptick Of 115 points
Karachi: Positive trend witnessed in Pakistan Stock Exchange (PSX) on Tuesday (today) as an uptick of 115 points reported in the 100 index. The PSX...
PIA to Operate Seven Special Flights for Iraq to Facilitate Zaireen
KARACHI: Pakistan International Airlines will operate sevem special flights to transport intending Zaireen to Najaf, Iraq for observance of Ashura-e- Muharram. According to schedule, the...
Gold Price Slips in Pakistan
KARACHI: Gold prices slipped on Monday as the government’s stance on economic growth dimmed the metal’s appeal, with additional pressure from a rebound in local...
Miftah Ismail Assures Business Community of Resolving Their Issues
ISLAMABAD: Minister for Finance and Revenue Miftah Ismail has reiterated the government’s resolve to take every required step to facilitate and support the business community. ...
Govt Decreases Petrol Price By Rs 3.05
Islamabad: The Government announced decreasing the price of petrol by Rs3.05 per litre for the next fortnightly,the Finance Division said in a statement. Petrol will...
Govt Saves Country From Default By Implementing Prudent Economic Policies: Miftah Ismael
Islamabad: Finance Minister Miftah Ismael says the incumbent government has saved the country from default by implementing prudent economic policies. Addressing a news conference along...
PSX Plunges Over 100 Points
KARACHI: The Pakistan Stock Exchange (PSX) closed the futures rollover week on a negative note with a loss of over 100 points. The index oscillated...
Gold Price Plunges By Rs4,200 Per Tola
KARACHI: Gold lost its shine on Friday as the precious commodity receded nearly half of its gain recorded a day earlier as the Pakistani currency...
Prices of Petrol and Gas Likely To Increase For the Next Fortnightly
ISLAMABAD: Petrol and diesel prices may rise by Rs10-17 per liter beginning August 1, 2022, According to sources, a hike of Rs10 in petrol and...
Rupee Devaluation Continues As Dollar Price Increases by Six Paisa’s In Inter-bank Market
Karachi: Decline in Pakistani rupee is continued today (Friday) as the US dollar climbed to Rs 240 after increase of six paisa when market started...
Gold Price Rises By Rs8,500
KARACHI: Gold prices on Thursday increased to an all-time high as the greenback continues to dominate the rupee. The price of gold per tola of...
NEPRA Approves Uptick In Electric Prices of K-electric By Rs 11.37 Under Fuel Adjustment Charges
Islamabad: National Electric Power Regulatory Authority (NEPRA) on Thursday approved an uptick in prices of electricity for K-electric customers by Rs 11. 37. Chairman NEPRA...
Owing to Political Instability In Country US Dollar Reaches Highest Level Of Rs 245 In Open Market
Karachi: The political instability in the country has raised the US dollar on the Sky as the greenback climbed to the new highest level of...
One Tola Gold Price Surpasses Rs150,000 Mark in Pakistan
KARACHI: Gold price hit an all-time high, surpassing Rs150,000 per tola (11.66 grams) in Pakistan on Wednesday mainly due to a speculative increase in demand...
PSX Gains 50 Points
KARACHI: The Pakistan Stock Exchange (PSX) ended the second session of the rollover week on a flat note on Tuesday, with the benchmark KSE-100 index...
Dollar Value Strengthens At New Highest of Rs 232 In Inter-Bank Market
Karachi: The USA dollar value strengthen again on Tuesday today by Rs 2. 62 in the inter-bank market. The greenback appreciation continued while devaluation of...
Bears Rules PSX, 100-Index Falls Below 40,000 Points
KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile trading session on Monday, as jittery investors continued to weigh the impact of domestic political turmoil...
Gold Price Jumps by Rs2,000 Per tola in Pakistan
KARACHI: Gold scaled to a new peak on Monday as the delayed political uncertainty clouded the economic outlook and bolstered bullion’s safe-haven allure, though analysts...
Finance Ministry Sends Six Names To PM Secretariat For Appointment of Governor SBP
Islamabad: The finance ministry has sent six names for the post of Governor State Bank Of Pakistan (SBP) to the prime minister secretariat. The names...
US Dollar Reaches All Time High Rs 230 In Inter Bank Market
Karachi: The US dollar rising flight is continued on Monday today as the greenback reached at all time high in the inter-bank market. The US...
Pakistan Foreign Exchange Reserve Reaches 9.3 Billion Dollars: Deputy Governor SBP
Karachi: Deputy Governor State Bank Of Pakistan ( SBP) Dr Inayat Hussain on Sunday apprised that Pakistan foreign reserved turned 9.3 billion dollars. We have...
Our Comparison With Sri Lanka Can Not Be Drawn As IMF Is Satisfied: Governor SBP
Karachi: Governor State Bank Of Pakistan (SBP) Dr Murtaza Syed has said that our comparison can be drawn with Sri Lanka as International Monetary Fund...
NEPRA Okays Power Tariff Increase by Rs7.91 per Unit
ISLAMABAD: The National Electric and Power Regulatory Authority (NEPRA) has approved the government’s request to increase the power tariff by Rs7.91. According to the notification...
OGRA Revises Price of RLNG
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Friday notified the revised price of Re-gasified Liquefied Natural Gas (RLNG) on networks of the SSGC and...
PSX Gains 245.55 Points to Close at 40,077.30 Points
ISLAMABAD: The KSE 100-index of the pakistan stock exchange (psx) witnessed bullish trend on Friday, gaining 245.55 points, a positive change of 0.62 percent, closing...
Gold Price Up By Rs900 to Rs145,400/Tola
ISLAMABAD: The price of 24 karat per tola gold witnessed an increase of Rs900 per tola and was sold at Rs145,400 on Friday against its...
Rupee Declining Trend Continues As Political Uncertainty Exists
KARACHI: The Pakistani rupee continued to fall against the US dollar, reaching a lifetime low of 229 during intraday trade in the interbank market Friday....
KE Seeks Another Tariff Hike
K-Electric has also sought Rs11.38 increase in power tariff under the monthly fuel adjustment for the month of June. The power regulator will conduct hearing...
Dollar Hits Historic High, Reaches Rs227 in Interbank
KARACHI: Amid the political uncertainty in the country due to PTI’s landslide triumph in make-or-break Punjab by-elections, the Pakistani rupee nosedive continued and dropped to...
Aviation Minister announces up to 15% reduction in PIA’s fares on int’l routes
Islamabad: Minister for Aviation Khawaja Saad Rafique has announced up to 15 per cent reduction in the PIA’s fares on international routes aimed at passing...
PSX Gains 70 Points, Closing at 40,459 Points
The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Wednesday, gaining 70.63 points, a positive change of 0.17 percent, closing at...
Gold Price Drops By Rs1,200 Per Tola Despite Depreciation in Rupee
KARACHI: Gold price in Pakistan dropped by Rs1,200 per tola in Pakistan despite rupee depreciation — which hit an all-time low of Rs224.92 against the...
Trade fundamentals corrected as result of measures taken by Govt over last few months: Miftah
Islamabad: Finance Minister Miftah Ismail has said the trade fundamentals have been corrected as a result of measures taken by the present government over the...
PM Shahbaz Convenes Emergency Meeting On Economic Situation
ISLAMABAD: Prime Minister Shehbaz Sharif has called an emergency meeting on the economic situation of the country, the PM Office said Wednesday. The meeting will...
Dollar Prices Continue To Rise As Rs 3.1 Increased In Inter-bank Market
Karachi: Rising trend in dollar prices against rupees continued on Wednesday as dollar prices increased in Inter-bank market by Rs 3.1 after which it climbed...
Sindh Govt Extends Restrictions Imposed On Market Timings Owing To Power Crisis
KARACHI: The Sindh Government Tuesday extended the curbs imposed on market timings in the province as the power crisis persists across the country. The measure,...
Intense Bearing Trend Witnessed At PSX As Benchmark KSE-100 Index Shedded Nearly 1,000 points
KARACHI: The Pakistan Stock Exchange witnessed intense bearing trend as the benchmark KSE-100 index shedded nearly 1,000 points on Tuesday. Investors reacted with panic to...
Fitch Rating Revises Pakistan’s Outlook From Stable To Negative
HONG KONG: Fitch Ratings has revised Pakistan’s outlook from stable to negative on Tuesday. The ratings affirming its long-term foreign currency (LTFC) issuer default rating...
Govt and Petroleum Dealers Talks Remains Successful As Dealers Demand Fulfilled
Islamabad:The Ministry of Petroleum has agreed to the demand of the Pakistan Petroleum Dealers Association (PPDA) to increase their profit margin on petroleum products. The...
Gold Price Declines By Rs250
KARACHI: The gold price in Pakistan continued to decline on the third day during this week, decreasing by Rs250 per tola on Saturday. According to...
World Bank Approves $200m For Pakistan
The World Bank’s Board of Executive Directors on Saturday approved $200 million in financing to support Pakistan’s agriculture sector. The amount will be utilised in...
PIA Slashes Fares
LAHORE: Federal Minister for Railways and Aviation Khawaja Saad Rafique has announced to slash fares of trains and Pakistan International Airlines (PIA) flights. The minister...
PSX Sheds 274 Points
KARACHI: The Pakistan Stock Exchange (PSX) closed the week on a negative note as the bears and bulls locked horns to take charge of the...
PM Shehbaz Announces Massive Reduction in Fuel Prices
ISLAMABAD: Prime Minister Shehbaz Shairf Thursday slashed the price of petrol by Rs18.50 per litre in order to provide maximum relief to the consumers. Addressing...
Gold Price Declines By Rs1050
KARACHI: The price of gold on Thursday dropped as the Pakistani rupee thrashed greenback after deal with International Monetary Fund (IMF). The price of 24-carat...
Dollar Price Got Reverse Gear In Currency Market
Karachi: The USA dollar got reverse gear in the currency market on Thursday and as its value depreciated on both the inter-bank and the open...