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BUSINESS
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…
Govt grants concessional power rates for export related sectors
ISLAMABAD : October 6,2022: Urging exporting sector to do more, Finance minister Ishaq Dar, has announced a concessional power tariff of Rs 19.99 per units for all five export -related sectors.
Ishaq Dar made an announcement to this…
Dollar dips more as rogue banks’ names surface
KARACHI: October 6, 2022: As an investigation goes underway against rouge banks and forex companies allegedly involved in hi-jacking of the rupee, US dollar continues to nosedive in domestic market.
US dollar lost another Rs 1.75 in…
Honda group becomes global market player
KARACHI : October 5,2022: Atlas Group has achieved impressive export sales during the last six months Atlas Honda exported nearly 12,000 motorcycles while additional auto parts of around US$ 2 million were also exported by the group…
Dollar value dives further: Rupee maintains driving seat
KARACHI: October 5, 2022: US dollar’s downward slide is continuing as its value further depreciated on Wednesday by Rs 1.80 against the rupee. US dollar value dropped down to Rs 223.60 in interbank from last day’s Rs 225.40 to a rupee.…
Dollar goes down further as govt screw up banks for rupee manipulation
KARACHI: October 4,2022: Following a warning of Finance minister , Ishaq Dar, to the mafia involved in manipulation of the rupee,US dollar lost value in a big way in both -interbank and open market on Tuesday.
In interbank , US…
Dar factor works; helps bring dollar manipulation down
KARACHI: October 3, 2022: US dollar’s losing streak continuing in the local currency market as it lost another Rs 1.60 to a rupee in interbank and Rs 1 in open market on Monday.
US currency slide down to Rs 227.20 against its value of…
President advices business community to take full benefit of Pakistan’s strategic location
ISLAMABAD : September 30,2022; President Dr. Arif Alvi, while addressing the 45th Federation of Chambers of Commerce and Industry (FPCCI) export awards, said that today Pakistan has to overcome its floods-related problems and move economic…
Dollar’s nosedive continues. Will Dar investigate who was behind high- jacking of rupee?
KARACHI: September 30: After one and half months, the rupee goes in a comfortable zone as US dollar’s value slides down to below Rs 230.
US dollar settled down at Rs 227.70 against US currency in interbank at the end of Friday’s session.…
Worst case of power abuse ; 1800 elite misused heli in KPK
ISLAMABAD : September 28,2022: A meeting of Public Accounts Committee was held under the chairmanship of Mr. Noor Alam Khan, MNA in the Parliament House pertaining to M/o Petroleum Division.
As per Agenda, the Committee examined the…
