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BUSINESS
Dollar maintains winning streak against PKR
KARACHI : October 17,2022: US dollar has gone up further against the local currency.
On Monday, US dollar jumped up to 223.50 in open market . Its value was Rs 221.50 on the last session on Saturday.
In interbank , US dollar jumped up…
No relief for commuters in oil prices for now
ISLAMABAD: October 15,2022: The government on Saturday decided to maintain prices of petroleum products at the current level.
Finance minister , Ishaq Dar, formally announced to keep the oil prices unchanged in a statement released to…
Rupee bounces back ; stops USD advances
KARACHI: October 14, 2022: US dollar value saw slight downward trend in interbank on Friday. US dollar slide from Rs 218 to Rs 218.45 , just a 5 paisa reduction in its last day trade value.
In open market there was no change in US…
Dollar beats rupee for second consecutive session to maintain gaining streak
KARACHI: October 13, 2022: US Dollar regained driving seat in the domestic currency market as it appreciated by 75 paisa at the end of first session of Thursday.
With the latest increase in US dollar value it closed at Rs 218 against Rs…
Currency market defies Dar’s warning: US dollar takes upward ride again
KARACHI: October 12, 2022: After losing value for around 13 sessions in a row, US dollar stuck back on Wednesday by gaining Rs 1 in its value in open market.
In the first session on Wednesday, US dollar soared up to Rs 218 against Rs 217…
Receding remittances: A warning to the policy-makers ?
ISLAMABAD: October 12, 2022: Slow down in remittances has rung a alarm bell for the economic wizards of the Shahbaz government . A big downfall in remittances in the current calendar year as compared to the last one shows a fundamental…
Dollar downfall slows down, Will correction in rupee value continue?
KARACHI: October 11, 2022: US dollar on Tuesday managed to resist its downward trend in the local currency market . It did lost some value but it was very meager to a few last days.
US dollar was witnessing free fall since coming Ishaq…
PJBF hosts dinner for Japanese photo journalist
KARACHI, October 9,2022: Chairman of Pakistan-Japan Business Forum (PJBF) and renowned businessman Kalim Farooqui hosted a grand reception-dinner in honor of Sakuma Yasuo, a former photojournalist of Japan's daily newspaper, Asahi…
Dollar losing streak continues; rupee heading for real value
ISLAMABAD. October 10,2022. US dollar maintained its downward trend against the rupee on Monday.
On the first session of the working day of the week, US dollar value reduced by Rs 2 in interbank and one and two rupee in the open market.…
Rupee gives another big blow to US dollar
KARACHI: October 8,2022: Free fall of US dollar is continuing against the rupee.
On Saturday, US dollar closed at Rs 218.50 against the rupee in open market .
As interbank remains closed on Saturdays, the open market sentiment shows…
