Pakistani Rupee Reaches Life Time Low At 179.35
KARACHI: The Pakistani rupee on Wednesday sank to a lifetime low of 179.35 against the United States (US) dollar in the interbank market during early...
PSX Continues To Be Bullish On Consecutive Second Day As 255 Point Increased
Karachi: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 255.87 points, with a positive change of 0.59...
US Dollar Reaches All Time High Of Rs 180 In Open Market
KARACHI: The value of US dollar reached an all-time high against the Pakistani rupee again on Tuesday, soaring to Rs179.10 in the interbank market during...
Gold Price Decreases By Rs 1,350 Per Tola
KARACHI: Gold prices extended declines on Tuesday after a retreat in international oil prices and planned diplomatic talks between Russia and Ukraine boosted risk appetite....
PSX Turns Positive As It Gains 352 Points
KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday got some relief from yesterday’s fall recovered as a rebound in global equity markets The benchmark KSE-100...
Positive Trend Witnessed At PSX As 129 Points Increased
Karachi: Positive trend witnessed at Pakistan Stock Exchange at it start on second day of week. Pakitan Stock Exchange is being trade at 43, 496...
Rupee Reaches All Time Low Of 178. 98
KARACHI: The Pakistani currency hit an all-time low of Rs178.98 against the US dollar in the inter-bank market on Monday. The steep fall was attributed...
Gold Price Decreases By Rs 200 Per Tola
KARACHI: Gold price dropped by Rs200 per tola in Pakistan. According to All Sindh Sarafa Jewellers Association (ASSJA), gold prices in the local bullion market...
KSE-100 Index Closed On Negative Note On First Day Of Week
Karachi: The benchmark KSE-100 Index closed on a negative note, registering a drop of 0.66%. Volume and value of shares declined from the previous session....
IMF Objects PM’s Relief Package
ISLAMABAD: Pakistan and the IMF’s review talks have so far remained inconclusive after breaches committed by Islamabad on different fronts which the Fund staff termed...
SPI-Based Weekly Inflation Rises For 4th Consecutive WeeK
ISLAMABAD: The Sensitive Price Indicator (SPI) is continuing its increasing streak for the fourth consecutive week, as it stood at 16.49 with an increase of...
PSX Sheds 200 Points On Last Business Day
KARACHI: The Pakistan Stock Exchange (PSX) ended the week on a negative note with benchmark KSE-100 closing in the red due to the political unrest...
PKR Gains 12 Paisas Against US Dollar
KARACHI: The rupee recovered partially around 0.07% against the US dollar in the inter-bank market on Friday. According to the State Bank of Pakistan (SBP),...
Gold Prices Drcrease By Rs450 Per Tola
KARACHI: Gold edged lower on Friday as the rupee rebounded after four days of losses, with the yellow metal remaining under pressure from expectations that...
World Bank Approves $435 Million For Country
ISLAMABAD: The World Bank’s (WB) approved $435 million in financing for three projects in Pakistan which would expand access to housing finance, particularly for low-income...
Gold Prices Drop By Rs200 Per Tola
KARACHI: Gold lost its shine after four days of registering gains as the price of the yellow metal dropped by Rs200 per tola and Rs171...
PSX Gains 810 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 810.66 points, with a positive change of 1.88...
NEPRA Decides To Increase Power Tariff On Condition Of IMF
Islamabad: National Electric Power Regulatory Authority (NEPRA) on conditions of International Monetary Fund (IMF) decided to increase electricity tariff by 0.95 paisas. The NEPRA has...
Country’s Economy Growing At Rate Of 5%: Tarin
Islamabad: Finance Minister Shaukat Tarin has said the country’s economy is growing at a rate of five percent. Addressing a seminar in Islamabad, he said...
Gold Prices Up By Rs700 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs700 and was sold at Rs 131,400 on Wednesday against its sale...
PSX Witnesses Bullish Trend
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Wednesday and witnessed bearish trend, gaining 164.61 points, with a positive change...
US Dollar Increases Against Pakistani Rupee
KARACHI: The US dollar soared to an all-time high against the Pakistani rupee in the interbank market on Wednesday. According to forex dealers, the value...
Govt providing subsidy of Rs104b on petroleum products: Tarin
Islamabad: Finance Minister Shaukat Tarin has said the government is providing a subsidy of one hundred and four billion rupees on petroleum products in order...
Bearish Trend Prevails in PSX
KARACHI: The bears maintained their control over the Pakistan Stock Exchange (PSX) on Tuesday, in line with the preceding session, as the market reacted to...
Gold Prices Increase in International, Domestic Markets
KARACHI: In line with the international market, gold prices in Pakistan rose by Rs700 per tola on Tuesday to settle at Rs130,700. The price of...
SBP Retains Policy Rates As It Issues Monetary Policy For Next Six Weeks
KARACHI: The State Bank of Pakistan (SBP) on Tuesday left the benchmark interest rate unchanged at 9.75% for the next six weeks as the outlook...
Dollar Price Increases By 52 Paisas In Inter bank Market
Karachi: The US dollar increase by 52 paisas against the Pakistani rupees on Tuesday in the interbank market. After the hike the dollar reached 178....
ECC approves Ramazan Relief package worth Rs8.28b
Islamabad: The Economic Coordination Committee of the Cabinet has approved Ramazan Relief Package worth 8,280 million rupees to facilitate the masses during the holy month....
ECC Approves Ramzan Relief Pacakge
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet here on Monday approved Ramazan Relief Package 2022 worth Rs 8,280 million in order to provide...
Dollar Continues To Rise Against PKR
KARACHI: Rally in oil prices worsened the position of Pakistan’s currency as the rupee dropped below 178 against the US dollar, depreciating 0.35% in the...
PSX Loses Over 1400 Points
KARACHI: In line with other Asian markets, the benchmark KSE-100 index has also plunged on the rising fear among investors over the deteriorating situation between...
China Allows PIA To Run Flights To Its Two More Cities
Islamabad: China has allowed the national carrier Pakistan International Airline (PIA) to run flights in two more cities of China. According to spokesman of PIA,...
Weekly Inflation Surges 0.04 per cent
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation witnessed an increase of 0.04 percent as compared to the previous week, Pakistan Bureau of Statistics...
CAA Issues RPT License To Q Airways
KARACHI: Following the approval of the federal cabinet, the CAA has issued Regular Public Transport (RPT) license to Q Airways for the period of two...
PSX Gains 25 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Friday, gaining 25.63 points, with positive change of 0.06 percent, closing...
Gold Prices Decrease in Domestic Market
KARACHI: The price of gold in Pakistan receded on Friday as investors sought cover from geopolitical uncertainty, inflation, and its impact. The precious commodity fell...
Rupee Gains Against US Dollar
KARACHI: The Pakistani rupee that has been under pressure for the past three days on account of rising demand for the United Stats (US) dollar...
Talks Between Pakistan And IMF To Be Held In March For One Billion Dollar Tranche
Islamabad: The virtual negotiations between Pakistan and International Monetary Fund (IMF) will start in March this year for a tranche of one billion dollar and...
KSE 100-Index Gains 11 Points
KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Thursday, gaining 11.60 points, with positive change of 0.03 percent, closing...
Pakistani Rupee Continues To Slide Against US Dollar
KARACHI: The Pakistani rupee’s slide against the United States (US) dollar continued in the interbank currency market on Thursday. According to forex dealers, the domestic...
Gold Prices Increase By Rs 50 Per Tola Today
KARACHI: Gold rose on Thursday in the local bullion market recorded an increase of Rs50 per tola and Rs43 per 10 grams to settle at...
Oil Prices Extended To Above 116 Dollar Per Barrel
SINGAPORE: Oil prices extended their rally on Thursday, with Brent rising above $116 a barrel, as trade disruption and shipping issues from Russian sanctions over...
PSX Sheds 289 Points
ISLAMABAD: The KSE 100-index of the pakistan stock exchange (psx) witnessed bearish trend on Wednesday, losing 289.46 points, with negative change of 0.65 percent, closing...
Gold Price Increases By Rs50 Per Tola
ISLAMABAD: The price of 24 karat per tola gold witnessed an increase of Rs50 and was sold at Rs 128,800 on Wednesday against its sale...
Promotion Of Industries Is Must For Economic Progress: Khusro Bakhtiar
Islamabad: Minister for Industries and Production, Makhdoom Khusro Bakhtiar says economic growth is on positive trajectory due to prudent policies of the government. Talking to...
OGRA Calls Meeting To Discuss Oil Companies, Refineries Concerns On Petroleum Prices Decrease
Islamabad: The Oil and Gas Regulatory Authority (OGRA) has hurriedly called meeting on Wednesday (today) as oil companies and refineries have expressed their reservations over...
Oil Prices Surged Over 7% To Their Highest Since 2014
NEW YORK: Oil prices surged over 7% to their highest since 2014, as a global agreement to release crude reserves failed to calm fears about...
OGRA Approves Increase In Gas Prices
Islamabad: Oil and Gas Regulatory Authority (OGRA) on Wednesday approved an increase in prices of gas up to 16. 37 percent. The OGRA has approved...
Gold Price Increases by Rs150 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs150 and was sold at Rs 128,750 on Tuesday against its sale...
PSX gains 342 Points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 342.57 points, with a positive change of 0.77...