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Web Desk
Jun 06, 2024

SBP’s forex reserves see modest increase of $16 million

The State Bank of Pakistan (SBP) reported a modest increase in its foreign exchange reserves, which rose by $16 million over the past week.

Business

Web Desk
Jun 06, 2024

Pakistan attracts $75.5 million foreign investment in T-bills

Pakistan has continued to draw substantial foreign investment into its Treasury Bills (T-Bills), with a notable net inflow of $75.5 million from overseas investors within the first 17 days of May, according to the latest data released by the State Bank of Pakistan (SBP).

Business

Web Desk
Jun 06, 2024

PSX closes below 74,000 as market decline continues

Pakistan Stock Exchange (PSX) experienced another day of decline on Thursday, with the benchmark KSE-100 index falling by 356.51 points.

Business

Web Desk
Jun 06, 2024

Interbank closing: PKR depreciates by 9.03 paisa against USD

In Thursday’s interbank session, the Pakistani rupee (PKR) depreciated by 9.03 paisa against the US dollar (USD), closing at PKR 278.39.

Business

Web Desk
Jun 06, 2024

Gold prices increase again massively

The 10-gram gold was sold at Rs208,333 after it registered an increase of Rs2,057, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Business

Web Desk
Jun 06, 2024

Govt’s petroleum levy collection exceeds target

Oil marketing companies (OMCs) reported sales of 1.39 million tons in May 2024, marking a 7 per cent year-on-year increase and a 26 per cent rise month-on-month.

Business

Web Desk
Jun 06, 2024

Stock market continues downturn amid budget concerns

Yesterday, the benchmark KSE 100 index experienced significant volatility, reaching an intraday high of 74,758.11 points and a low of 74,136.52 points.

Business

Web Desk
Jun 06, 2024

Ikea Roblox: Where gamers get paid to play

IKEA announced to hire ten paid workers to staff its virtual store. Applications for these positions opened on June 3 and will remain open until June 16.