BUSINESS

KARACHI : Dec 20, 2022: US dollar made marginal gain in domestic market against the rupee on Tuesday. Its rate increased in interbank by 25 paisa that helped it close at Rs 225.25 against the rupee in interbank at the closing of the…

KARACHI: Dec 16, 2022: As financial crisis prolongs in the country due to fast receding forex reserves, major currencies like Euro and US dollar either appreciates or remain stable in the domestic currency market. According to Forex…

KARACHI :Dec 15, 2022 : The State Bank of Pakistan (SBP) has announced the designation of D-SIBs for the year 2022 under the Framework for Domestic Systemically Important Banks (D-SIBs) that was introduced in April 2018. The framework…

KARACHI. Dec 15, 2022: The rupee showed slight recovery against US dollar. US currency rate deprecated against by 20 paisa against the rupee in interbank during mid- day session on Thursday. With slight adjustment , US currency pegged at…

KARACHI: Dec 14,2022: The rupee has received another jolt as it dipped down by Rs 2.50 against pound sterling and Rs 1 against euro in interbank at the end of mid day trade in domestic currency market on Wednesday. . Pound sterling is…

KARACHI : Dec 13,2022: The volatility of currency market is at the peak. US dollar remained bit stable in interbank on Tuesday , but all other major currencies remained bullish against the rupee. US dollar's value remained stable and…

KARACHI: Dec 12,2022:. US dollar thrashed the rupee in interbank on Monday--- the first working day of the week--when its value jumped up by Rs 2 against the local unit . On Friday last , US dollar had closed at Rs 229.70 ,but it jumped…

With receding Forex reserves of Pakistan , the currency market is getting into a validity mode. Pakistan Forex reserves have gone as low as $ 6.7 billion and its immediately affect is uncertainty in domestic market. In interbank , UK…

KARACHI. Dec 8,2022. As the news of backdoor negotiations between the government and Pakistan Tehreek e Insaf (PTI) hit the headlines in last 24 hours ,the currency market is also shows healthy signs. There is no major fluctuation in th…

KARACHI: December 6, 2022: Updated at 4.30 PM. US dollar made hefty gain to raise its value to Rs 224.20 at closing of the working session here on Tuesday. Earlier updated at 12.40 PM Pakistan currency market on Tuesday witnessed…