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Economy
Rupee sees a 17th consecutive recovery against dollar
ISLAMABAD-The Pakistani rupee gained Rs1.05 versus the US dollar in interbank trading on Wednesday, closing at…
PSX increases by 87 points.
ISLAMABAD, Pakistan – On Wednesday, the Pakistan Stock Exchange (PSX) 100-index became bullish and gained 87.38…
For Rs314 billion in tax fraud, FBR launches a lawsuit against fictitious business…
The Federal Board of Revenue (FBR) filed a lawsuit against Mohammad Kashif and Mohsin Ali, the owners of the…
Due to the falling rupee, stocks fell 419 points.
KARACHI: Profit-taking dominated trading on the Pakistan Stock Exchange (PSX) on Wednesday.Topline Securities said…
Pakistan wants Iran to suspend gas obligations
Pakistan has issued a notice of ‘Force Majeure and Excusing Event’ to Iran to suspend its contractual obligation…
Blome emphasises the US-Pakistan Green Alliance:
US Ambassador to Pakistan Donald Blome on Saturday said the US-Pakistan Green Alliance Initiative was a critical…
Till July 31 a record 1.43 million cotton bales were produced
Unprecedented 1.429 million cotton bales arrived in the ginning factories by July 31 as no significant pest threat…
Government borrows Rs500bn from banks in 21 days
In the first 21 days of the current financial year, the government borrowed half a trillion rupees from banks,…
He Lifeng, the vice premier of China, is “warmly welcomed” in…
Chinese Vice Premier He Lifeng — who arrived in Pakistan a day earlier on a three day visit — was accorded a…
China rolls over $2.4bn loan for two years
ISLAMABAD: China has rolled over $2.4 billion in loans to Pakistan for two years that were up for repayment in…
The dollar has reached a fresh two-decade high, while sterling is once again on…
On Wednesday, the dollar reached a new two-decade high versus a basket of currencies on the back of rising…
NEPRA intends to reduce the benefits provided to rooftop solar users.
The National Electric Power Regulatory Authority (NEPRA) Tuesday made up its mind to curtail rooftop solar…
In Pakistan, diesel prices may be reduced by Rs15 and petrol prices by Rs5.
Petroleum product prices are expected to fall by up to Rs15 from October 1 due to a substantial drop in POL rates…
The pound has reached an all-time low against the dollar.
Sterling fell to a record low on Monday as traders fled over fears that the incoming government's economic plan…
The rupee starts the week on a high note, gaining versus the dollar.
The Pakistani rupee gained ground against the US dollar as the week began on Monday, following a string of losses…
The World Bank has pledged up to $1.7 billion in disaster aid.
The World Bank announced on Thursday that it would contribute up to $1.7 billion in flood-related assistance…
The government raises the price of petrol by Rs1.45 per litre again again.
The federal government has raised the price of petrol by Rs1.45 per litre again again, according to a notification…
The rupee is at an all-time low against the dollar.
The Pakistani rupee fell for the 14th consecutive session on Wednesday, reaching a new historic low versus the US…
Initial projections place flood losses around $30 billion: ministry
According to an initial assessment, the terrible floods caused total cumulative damages of more than $30 billion,…
Why hasn’t Pakistan’s increased gasoline pricing been notified yet?
Petrol prices in Pakistan are updated every two weeks, but none have yet been altered because Prime Minister…
As inflation risks decrease, the world economy may avoid recession, according to a…
The figures suggest a probable gentle landing for the global economy, according to JP Morgan analysts, who also…
Relieved sigh: Pakistan’s gasoline price is anticipated to decrease by…
After a reduction of Rs9.62 per litre on September 16 (Friday), the price of mogas is projected to fall from…
Rupee keeps dropping against the dollar.
At the beginning of the new work week on Monday, the Pakistani rupee continued to depreciate against the US…
Net Hydel Profit Increases For Punjab And KP
Khyber Pakhtunkhwa and Punjab have been given permission by the National Electric Power Regulatory Authority…
Rupee Continues to Fall Against the Dollar
The Pakistani rupee lost 89 paisas versus the US dollar on Monday in interbank trading, ending the day at Rs219.86…
Floods are predicted to have cost Pakistan’s economy up to $12.5 billion.
According to government estimates, Pakistan's devastating floods have cost the country between $10 billion and…
Pakistan’s debt to China exceeds its debt to the IMF and World Bank.
According to the most recent International Monetary Fund (IMF) report, which includes state-owned commercial…
Despite flood losses, the rupee continues to climb against the dollar.
Despite the flood crises causing economic and humanitarian losses in the nation, the Pakistani rupee kept rising…
Rupee continues to appreciate against the dollar
The US dollar lost more ground against the Pakistani rupee on Wednesday despite the country suffering severe…
rupee increases as IMF rescues Pakistan from default risk
The much-anticipated bailout programme for Islamabad was resurrected by the executive board of the International…
As markets prepare for higher rates to last longer, the dollar reaches a 20-year…
On Monday, after Federal Reserve Chair Jerome Powell said interest rates would be kept higher for longer to rein…
In an effort to take on Careem and InDriver, Bykea has launched a car-hailing…
Finally, Bykea has launched its car-hailing service in Pakistan.Through their marketing effort with the phrase…
The Pakistani rupee has ended an 11-day winning streak versus the US dollar.
During intraday trade on Wednesday, the Pakistani rupee ended an 11-day winning streak versus the US dollar, as…
The government has requested that overseas Pakistanis invest in the country
The Pakistan Business Forum (PBF) Lahore chapter has urged the government to give a package of incentives,…
In the tenth consecutive session, the rupee gains ground against the dollar.
On Monday, the Pakistani rupee strengthened against the US dollar for the tenth consecutive working day in the…
Weekly currency update: The rupee is expected to extend its winning streak due to…
According to dealers, the Pakistani rupee is projected to continue its upward trend because to renewed hope that…
The rupee’s upward trend against the dollar continues unabated.
The Pakistani rupee continued its upward trajectory for the ninth consecutive working day, gaining Rs3.38 to trade…
The rupee’s winning streak continues, with the currency closing at 218.88…
The rupee's winning streak continues, with the currency closing at According to the State Bank of Pakistan, the…
For the seventh consecutive session, the rupee gains ground against the dollar.
During intraday activity in the interbank market on Wednesday, the Pakistani rupee strengthened versus the US…
The ECP has published a list of delimited constituencies for the next general…
The Election Commission of Pakistan (ECP) is ready to hold the next general elections at any moment, as the…
Will Pakistan’s dollar rate fall further?
The dollar rate in Pakistan fell again today after the Pakistani rupee recovered by Rs9.8 or more than 4% versus…
The dollar continues to fall against the rupee for the fifth session in a row.
During intraday activity in the interbank market on Thursday, the Pakistani rupee gained ground versus the US…
IN THE INTERBANK MARKET, THE US DOLLAR DECLINES TO RS237.
After days of increases in the interbank and open markets, the US dollar fell against the rupee on Tuesday,…
Bitcoin and Ethereum are on track for their finest month since 2021.
The world's two most valuable digital currencies, Bitcoin and Ether, are on set for their best month since 2021,…
he benchmark oil contract in the United States climbs by 5%.
WTI, the major US oil commodity, rose more than 5% in trading on Friday, as supply concerns trumped recession…
POL product prices may increase by Rs28.44.
The Finance Division will issue a summary requesting an increase in fuel prices of up to 11% commencing August 1.…
Indus Motor raises automobile pricing in the face of rupee weakness.
Indus Motor Company (IMC) has boosted the pricing of locally made variations of the Corolla, Yaris, Fortuner, and…
WHATSAPP AND SNAPCHAT ARE FINED IN RUSSIA
A Russian court punished Meta Platforms' WhatsApp messaging, Snapchat owner Snap, and several foreign…
Despite the finance minister’s assurances, political and economic…
Despite Finance Minister Mifta Ismail's assurances that currency pressure will soon "vanish," the Pakistani rupee…
Amazon boosts Prime prices in five European nations
Customers of Amazon Prime in five European nations were informed that the platform's expedited delivery service…
Bitcoin falls to a one-week low as another Fed rate hike approaches.
Bitcoin fell to a more than one-week low, buffeted by market trepidation ahead of a projected Federal Reserve…
Liquidity crunch worth millions of dollars weighs on Pakistan’s interbank…
Pakistani importers are facing severe problems amid a liquidity crunch worth millions of dollars braved by the…