PSX Gains 62 Points
KARACHI: The Pakistan Stock Exchange made a U-shaped recovery on Wednesday as the benchmark KSE-100 index erased losses, suffered in the first half of the...
Pakistani Rupee Continues To Depreciates Against US Dollar
KARACHI: The Pakistani rupee dropped to a historic low of Rs201.92 against the US dollar on Wednesday as an ongoing political crisis rocked confidence in...
Dollar Rises In Interbank
US Dollar closed at historic high against Pakistani Rupee (PKR) after rising by 47 paisa in the Interbank on Tuesday. Weakening macros has kept the...
Gold Price Reaches Rs143,600 Per Tola
KARACHI: Gold in Pakistan continued to shine as the Pakistani rupee depreciated further against the US dollar, touching its peak of Rs143,600 per tola. According...
PSX Witnesses Bearish Trend
KARACHI: A deepening political crisis, along with uncertainty on the economic outlook combined, took a toll on the Pakistan Stock Exchange (PSX), as the benchmark...
Gold Rate Peaks At All Time High In Pakistan
Karachi: The gold price on Monday increased by Rs2,350 per tola, taking the rate of the precious metal to an all-time high of Rs141,650 in...
PSX Saw Bearing Trend As KSE-100 Index Declines 650 Points
KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) plunged on Monday as an across-the-board selling spree pushed share prices into the red...
Interests Rate Increases By 1.50 Percent As SBP Announces Monetary Policy
Karachi: The State Bank Of Pakistan (SBP) has announced a monetary police for the next two months while an interests rate has been increased by...
Dollar Apprciation Continues As It Reach Rs 201 In Inter-Bank Market
Karachi: Dollar on Monday, first day of the business week, appreciated further against Pakistani rupee by 86 paisa and turned Rs 201 in the inter-bank...
IMF Insisting Govt To Slow Economy Owing To PTI’s Showing Growth Rate Of Six Percent: Miftah
Islamabad: Federal Minister for Finance Miftah Ismail has said that it is likely that the SBP will increase interests rate Taking to media in Karachi...
SBP To Announce Monetary Policy Today
Karachi: State Bank of Pakistan (SBP) on Monday will announce a new monetary policy. The SBP monetary policy committee will be held today in the...
Pakistan Holds Talks With IMF in Doha
During the talks with International Monetary Fund (IMF) in Doha, Pakistan on Friday presented their plan to reduce the subsidy on petrol prices. As per...
Dollar Appreciates Against Rupee in Interbank
KARACHI: Dollar’s rate is continously rising as compared to Pakistani Rupee and has plunged over 40 Paisas in the Interbank on Friday. After its increase...
NEPRA Receives Plea For Increase in Power Price
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) will hold the hearing on petition to increase the price of electricity in the context of April’s...
Gold Price Falls by Rs50 Per Tola
KARACHI: The price of gold in Pakistan receded on Thursday as investors sought cover from a continuous decline in local currency. The precious commodity fell...
Govt’s decision to ban import of luxury items will save foreign exchange: PM
Islamabad: Prime Minister Shehbaz Sharif says his decision to ban import of luxury items will save the country’s precious foreign exchange. My decision to ban...
Dollar Crosses Double Century In Inter-Bank
Karachi: The US dollar continued to rising streak as the green back crossed double century in the inter-bank. The green back appreciates Rs 1.66 owing...
Bullish Trend at PSX, 100-Index Crosses 43,000 Points Mark
KARACHI: The bulls took command of the stock market on Wednesday, tossing the KSE-100 index up by 300 points as Pakistan resumes talks with the...
CNG Stations Will Remain Close In Sindh For Three Days From Friday To Monday
Karachi: Gas crisis in the country continued owing to which Compress Natural Gas (CNG) stations crossed Sindh will be closed for three days. According to...
Dollar Crosses Double Century in Open Market
Karachi: Depreciation of rupees has been continued on Wednesday as well as dollar completed its double century. The government tall claims are not of any...
Gold Price Jumps Rs1,500 Per Tola in Pakistan
KARACHI: As the Pakistani rupee continues to make and break records and explore new depths, the gold is also scaling to new peaks each day....
US Dollar Hits Record High Against PKR
KARACHI: Pakistani rupee continued to tumble against the US dollar, breaching yet another important threshold of 196 the interbank market to hit its weakest level...
Gold price reaches all-time high
KARACHI: Gold rates on Monday reached an all-time high of Rs1,36,600 per tola, and PKR depreciated by Rs1.65 against the USD in the interbank. According...
Severe Bearish Trend Grips PSX As 100 Index Decreases By 1100 Points
Karachi: A severe bearish trend gripped Pakistan Stock Exchange (PSX) on Monday, the first day of business week. The PSX 100 Index decreased by 1100...
Dollar Price Reaches Rs 194 In Inter-bank
Karachi: Dollar price on Monday, first day of week, reached Rs 194 by an increase of Rs 1. 47 in the inter-bank market. The greenback...
Punjab Govt And Sugar Mills Association At Loggerheads Over Selling Sugar On Rs 70 Per Kg
Lahore: Punjab government and Sugar Mills Association (SMA) have come at loggerheads with each other on selling sugar at a price of Rs 70 per...
Govt Will Not Increase Petroleum Products Prices: Miftah Ismail
Islamabad: Minister for Finance and Revenue Miftah Ismail on Sunday come up with good news for the masses as government has decided to maintain fuel...
Large Industry Grows 7% In 3 Quarters, 26.9% in March 2022
ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) production grew by 7 percent during the first three quarters of the current fiscal year (2021-22) as compared...
Gold Prices Decrease By Rs700 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed a decrease of Rs 700 and was sold at Rs 135,300 on Friday against its...
Remittances Soar Above $3b For First Time
KARACHI: Pakistan created history in April 2022 as the receipt of workers’ remittances exceeded expectations by a staggering 12% to a record high of $3.12...
Energy Crisis Turns Serious As Electricity Short Fall Reaches 4, 743 MW
Karachi: The energy crisis in the country is going to be serious as 8 to 12 hours load shedding is being carried out in various...
Dollar Appreciation Continues As Reaches Record Level Of Rs 194
Karachi: The uptick of dollar prices continues as dollar appreciates Rs 1.50 in the open market after which it stands at Rs 194 against Pakistani...
PSX Gains 35 Points
The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Thursday and witnessed bullish trend, gaining 35.29 points, with a slight positive change...
US Dollar Reaches Highest Level Of Rs 191 In Inter-Bank Market
Karachi: The US dollar rising trend continues as it reached at the highest level Rs 191 in the inter-bank market on Thursday. The high flight...
Today’s Gold Rates in Pakistan
The latest gold rates in Pakistan is now Rs. 133,500 per tola and Rs. 114,455 per 10 gm. The gold prices differs as per global...
US Dollar Hits All time High At Rs190 in Interbank
KARACHI: Amid ongoing uncertainty in the country, Pakistani Rupee continued to slump against US Dollar in the interbank market. The dollar closed at 190.02 when compared...
Gold Price Touches All-time High of Rs134,400 in Pakistan
KARACHI: The gold price in Pakistan soared to an all-time high at Rs134,400 per tola on Tuesday as currency devaluation eclipsed pressure from riskier assets...
Dollar Continues to Appreciate Against PKR
KARACHI: The Pakistani currency depreciated by Rs0.60 to an all-time low of Rs188.66 against the US dollar in the interbank market on Tuesday as looming...
PSX Winesses Bullish Trend A Day After Losing 1500 Points Yesterday
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Tuesday, gaining 111.22 points, with a positive change of 0.26 percent,...
PSX Saw Record Bearish Trend As Benchmark Index Plunges Over 1500 Points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed massive selling pressure on Monday as the benchmark KSE-100 index shed more than 1,500 points during intra-day trading....
Dollar Increases Against Pakistani Rupee
Karachi: Pakistani rupee failed to hold ground against the US dollar with only one working day and shed 0.50 percent (Rs0.94) after gaining Rs1.06 in...
Govt Cancels Ramadan Package at Utility Stores
The federal government on Saturday canceled Ramadan package at utility stores, while a notification has also been issued in this regard. According to the notification,...
PSX Witnesses Bears in Friday’s Trading
KARACHI: The Pakistan Stock Exchange (PSX) reopened on Friday after a lengthy week-long holiday and still closed on a negative note after losing the 45,000...
Dr Murtaza Syed To Assume Charge as SBP Governor Today
KARACHI: Dr Murtaza Syed, an eminently qualified economist with rich IMF experience, will assume charge as Governor State Bank of Pakistan (SBP) on Friday (May...
Asian Shares Firm as Fed Tempers Aggressive Rate hike Bets
HONG KONG: Asian shares tracked Wall Street gains on Thursday after the U.S. central bank raised interest rates by 50 basis points but sounded a...
Imran Khan Left Premiership After Laying Explosive landmines For Economy: Miftah Ismail
Karachi: Finance Minister Miftah Ismail said that ex-pm Imran Khan left his post after laying expulsive landmines for the economy of the country. Addressing a...
Govt Promotes Deputy Governor Dr Murtaza Syed To Governor SBP
Islamabad: The government has promoted the most senior deputy governor of State Bank Of Pakistan Dr Murtaza Syed to new Governor SBP. Minister for Finance...
Tenure Of SBP Governor Raza Baqir Ends Today
Islamabad: A three-year tenure of Governor State Bank Of Pakistan (SBP) Raza Baqar completed on Wednesday (today). Shahbaz Sharif led government has decided not to...
We Are Working Hard To Give Nation Good News Soon: Miftah Ismail
Karachi: Federal Minister for finance Miftah Ismail said that we will give the nation good news soon. Talking to media in Karachi after offering Eid...
Inflation in April Swells To Highest in Two Years
ISLAMABAD: As measured by the Consumer Price Index (CPI), inflation hit a two-year high of 13.37% in April 2022, which was only 1.6% higher than...