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Rupee faces tremendous pressure; falls to Rs228.50 against dollar in interbank
The political instability, depleting foreign reserves, very less investor confidence in the market have all combined to wreak havocs on...
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KSE-100 index loses 591 points, local currency continues to lose value
On Thursday, the Pakistan Stock Exchange experienced lukewarm conditions as the benchmark KSE-100 index lost 591 points during afternoon trading....
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Dollar touches new peak of Rs225 in interbank market
KARACHI: The Pakistani rupee has dropped to a new all-time low against the US dollar. The dollar traded at Rs225...
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Rupee at an all-time low against dollar; being traded at Rs224 in interbank market
KARACHI: The Pakistani rupee has further shed Rs3 in value after losing Rs5.18 earlier today. The current political instability in the...
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Barrick Gold seeks Supreme Court endorsement for Reko Diq deal
ISLAMABAD: The Canadian mining group, Barrick Gold Corporation, has urged the government of Pakistan to get the endorsement of the...
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Rupee loses value in interbank market amid political uncertainty in Pakistan
Islamabad: On Monday, the greenback gained value against the local currency. According to the forex report, the dollar surged by...
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Rupee gains value in interbank after IMF reaches staff-level agreement with Pakistan
KARACHI: On Thursday, the local currency gained strength as Pakistan and International Monetary Fund (IMF) reached the staff-level agreement for...
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IMF reaches staff-level agreement with Pakistan; to release $1.17bn loan tranche soon
In a positive and a much-needed development, the loan-lending body, International Monetary Fund (IMF) confirmed that it had reached a...
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SBP increases policy rate to 15pc
KARACHI: The State Bank of Pakistan (SBP) has decided to stabilise the inflation and economic situation of the country by...
Read moreDetailsDollar’s value surges to Rs208
KARACHI: Amid the delay in the release of the much-needed $1.85 billion tranche by the International Monetary Fund (IMF), the...
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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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