Business
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US dollar gains Rs3.05 in interbank market
KARACHI: On Friday, the Pakistani rupee continued losing value against the US dollar. By 10:56 AM, the US dollar gained...
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Dollar soars to Rs225.20 in interbank market
KARACHI: Troubles are compounding on the economic front of the flood-hit Pakistan. Dollar has soared to Rs225.20 in the interbank...
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Rupee loses Rs1.1 in value against dollar in interbank
KARACHI: With dollar gaining strength in the international market, the local currency has witnessed a decline of Rs1.1 in value...
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Effects of fulfilling IMF conditions? Inflation rate soars to all-time high of 27.3 per cent
ISLAMABAD: During August, the inflation rate reached 27.3 per cent, the highest in the past 47 years, because the government...
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Rupee strengthens further following the receiving of IMF loan tranche
KARACHI: Following the late-night announcement by the State Bank of Pakistan regarding the receiving of the IMF loan tranche, the...
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Govt hikes petrol prices by Rs2, diesel by Rs3
ISLAMABAD: Government has decided to increase the petroleum prices in an effort to fulfill the commitments made to the International...
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Rupee makes gains against dollar for second consecutive session
KARACHI: Pakistani rupee continues to make gains against the US dollar as the latter is now trading at Rs218.5 in...
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IMF approves to issue $1.1 billion to Pakistan; Rupee gains value in interbank market
WASHINGTON: On Monday, Pakistan received the much-needed approval from the International Monetary Fund (IMF) to immediately disburse $1.1 billion. IMF...
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Dollar gains value against rupee, trades at Rs221.92 in interbank market
KARACHI: For the fifth consecutive day, the local currency continued to lose value against the US dollar. The Pakistani rupee...
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KSE-100 index loses over 600 points in early hour trade
KARACHI: On Monday, the Pakistan Stock Exchange started the week with a downward trend as the KSE-100 index lost over...
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Young trader killed during robbery bid in Karachi
A 22-year-old trader was tragically shot dead during a robbery attempt on New M.A. Jinnah Road on Sunday evening, according...
PSX soars over 1,200 points amid optimism on inflation and interest rate cuts
The Pakistan Stock Exchange (PSX) maintained its bullish momentum on Monday as the benchmark KSE-100 index surged 1,248.84 points, or...
PTI suspends Islamabad protest following deadly clashes, appeals for justice
The Pakistan Tehreek-e-Insaf (PTI) announced the suspension of its Islamabad sit-in early Wednesday after a day of intense clashes in...
KSE-100 Index surges over 600 points amid banking sector rally
Bullish sentiment dominated the Pakistan Stock Exchange (PSX) on Monday as the KSE-100 index climbed 621.85 points, or 0.64 per...
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