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BUSINESS
Govt announces to withdraw appeal in Riba case
ISLAMABAD : Nov 9, 2022; The government has announced to withdraw its appeal from the Supreme Court of Pakistan (SCP) submitted for review of a decision of Federal Shariat Court wherein it ordered the authorities to replace Riba (interest)…
US dollar slides marginally; rupee takes driving seat
KARACHI : Nov 7, 2022: The rupee gained slightly against US dollar in interbank on the first working day of the week to take its rate down to Rs 221..40 against Rs 222 on the last working day.
US dollar had pegged at Rs 222 against the…
Dollar ditches rupee ; Dar’s waring goes waste
KARACHI : November 3,2022: US dollar took over the rupee with a gain of Rs 0.75 on Thursday.
In interbank ,US dollar appreciated to Rs 222 against its last day's value of Rs 221.25 ..
In open market , US dollar 's value increased by…
Gold becomes costlier , sets for new record
KARACHI. November 2,2022.Gold is getting costlier on almost daily basis. The rates of this precious metal also jumped up by Rs 600 a tola (24 karrat)to take its price to Rs 151950.
According to All Pakistan Jewellers Manufacturers…
US dollar gains ground, resists rupee winning streak
KARACHI: November 2,2022:. The currency market remained stable at closing of the first session on Wednesday .
US dollar rates remained unchanged at Rs 221 in interbank . However , in open market US dollar value gained slightly against…
Dollar goes up in second session ; rupee loses steam
KARACHI: November 1,2022: update at 5.13 pm
KARACHI; November 1,2022 .
US dollar gained by Rs 1 against the rupee in the second session in interbank on Tuesday.
Earlier, in the first session
the currency market remained stable.…
Dar’s warning stops gaining streak of US dollar, where is SBP ?
KARACHI: October 31, 2022: US dollar shed it value by Rs 1.95 in interbank , bringing it down to Rs 220. 30 from Rs 222.25 of the last working day of the last week (Friday). However, appreciation of the local currency against US dollar in…
Political uncertainty cost Pakistan as rupee keep weakening to US dollar
KARACHI: October 28, 2022: As political turmoil continues in Pakistan, US dollar also keeps surging due to vulnerability of the rupee in the domestic currency market.
US dollar is gain value massively on daily basis since announcement of…
PTI long march ; dollar takes rupee head on
KARACHI: October 27,2022: US dollar is continuing gaining streak against the rupee. US dollar gained 0.35 paisa against the rupee on Thursday .
With the latest increase US dollar value jumped up to Rs 221 in interbank.
In open market , US…
Nepalese envoy visit FPCCI office , discuss means to enhance Pak-Nepal trade
ISLAMABAD : October 25,2022: Ambassador of Federal Democratic Republic of Nepal to Pakistan H.E Tapas Adhikari visited the Federation of Pakistan Chambers of Commerce & Industry FPCCI, Capital Office, Islamabad, and interacted with…
