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Web Desk
Jun 27, 2024

SBP-held forex reserves dip by nearly $239 million

The latest data from the State Bank of Pakistan (SBP) revealed a notable decline in the country’s foreign exchange reserves during the week ending June 21, 2024.

Business

Web Desk
Jun 27, 2024

NHA and power sector lead list of loss-making SOEs in Pakistan

The National Highway Authority (NHA) and the power sector have emerged as the top loss-making entities in Pakistan.

Business

Web Desk
Jun 27, 2024

World Bank predicts 7 per cent growth in Pakistan’s remittance inflows

Pakistan’s remittance inflows are anticipated to recover and grow by approximately 7 per cent in 2024, reaching $28 billion, with a further 4 per cent increase to around $30 billion expected in 2025.

Business

Web Desk
Jun 27, 2024

KSE-100 index closes higher with 0.32 per cent gain

PSX’s benchmark KSE-100 index concluded Thursday’s trading session on a positive note, closing at 78,528.25 points.

Business

Web Desk
Jun 27, 2024

Interbank closing: PKR gains 2.5 paisa against USD

In Thursday’s interbank session, the Pakistani rupee (PKR) appreciated by 2.5 paisa against the US dollar (USD), closing at PKR 278.38 per USD compared to the previous session’s closing of PKR 278.4 per USD.

Business

Web Desk
Jun 27, 2024

Gold price increases by Rs400 per tola

The price of gold in Pakistan saw a significant increase on Thursday, with 24-karat gold being sold at Rs241,000 per tola, marking a rise of Rs400 per tola.