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BUSINESS
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…
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…
