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BUSINESS
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…
Dar factor helps rupee make more gains
KARACHI: September 27, 2022: With coming in of Ishaq Dar, US dollar has lost its value massively in domestic currency market.
In interbank US dollar lost another Rs 4.30 on Tuesday against the rupee and it traded at Rs 231.50 against its…
DRAP allows direct import of medicines for patients
ISLAMAABAD: September 27, 2022: In a major positive development, the Drug Regulatory Authority of Pakistan (DRAP) has allowed import of medicines for an individual patient.
Under the revised DRAP regulations, any person can import…
SBP advises public not to share personal information on fraudulent calls, messages
KARACHI: September 24, 2022: The State Bank of Pakistan (SBP) and Pakistan Banks Association (PBA) have been continuously advising the general public through consumer awareness messages, press releases, etc. not to share their personal…
No change in dollar rate on Friday
KARACHI: September 23: The dollar mafia seems satisfied to stablise the rupee against US currency at around 239 as there was no change in the party rate in currency market on Friday.
US dollar remained at 239.50 in interbank in the local…
