BUSINESS

KARACHI: Nov 29, 2022: With the news that International Monetary Fund (IMF) and government have reached closer to reach to an understanding on resumption of the bailout package, the currency market has responded positively. After losing…

ISLAMABAD . Nov 28,2022: Turkiye want to increase its trade relation with Pakistan as both nations have significant potential to expand trade in many areas; Turk Ambassador Dr. Mehmet Pacaci stated it during his visit to FPCCI Capital…

KARACHI: Nov 28,2022: The rupee is continuously under pressure in the local currency market . For the last around 15 consective working sessions, the local unit is losing its value to US dollar . In interbank, US dollar gained another 25…

KARACHI :. Nov 24,2022. US dollar maintained its gaining streak in interbank on Thursday. In interbank , US currency moved up to Rs 223.90 from last day's value of Rs 223.75. In interbank US currency rates are going up on almost daily…

KARACHI: Nov 23,2022: US dollar made handsome gain against the rupee in interbank and closed at the end of session at Rs224 on Wednesday . In the morning session, the rupee was showing stability against US currency and pegging at Rs…

KARACHI: Nov 22, The State Bank of Pakistan (SBP) has announced to review monetary policy on November 25,2022 (Friday). Since taking over by Ishaq Dar, as a Finance minister in October last, SBP has not made any change in its policy…

KARACHI:. Nov 21,2022:. US dollar continues its gains against the local currency . Basically, two factors are putting pressure on the rupee. One , receding forex reserves are making the rupee stumble . Second, on-going political turmoil is…

KARACHI : Nov 19,2022: The State Bank of Pakistan (SBP) has suspends the authorization of M/s Orient Exchange Company-B (Pvt) Limited and M/s Best Way Exchange Company-B (Pvt) Limited. SBP has suspended, with immediate effect the…

KARACHI: Nov 17, 2022; In a major jolt to the rupee, US dollar soured by Rs 1.75 in open market in mid-day trade on Thursday With the latest increase, US dollar soared to Rs 227.25 in open market against last day’s rate of Rs 225.50.…

KARACHI: Nov 16,2022:. With going forex reserves low to an alarming level , US dollar has again taken upward flight against the local currency.. US dollar appreciated by 30 paisa and closed at Rs 222.20 in interbank in the first session…