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Web Desk
Jun 05, 2024

Gold prices decline minimally in Pakistan

The international rate of gold decreased on Wednesday. As per APGJSA, the rate was set at $2,332 per ounce (with a premium of $20) after it lowered by $4 during the day.

Business

Web Desk
Jun 05, 2024

Stock market opens under 75,000 after Tuesday’s bloodbath

Today the index opens at yesterday’s closing of 74,666.66 points amidst positive expectations of the upcoming fiscal year’s budget as well as improving economic indicators.

Business

Web Desk
Jun 05, 2024

Warren Buffett: Berkshire Hathaway seeks to extract lithium for EVs

The partnership aims to support the electric vehicle battery market, a rapidly growing industry led by China, with the US and India scrambling to tap into its potential.

Business

Web Desk
Jun 05, 2024

National Economic Council formation delayed before budget presentation

Business

Reuters
Jun 05, 2024

King Charles banknotes enter circulation in UK

Charles’ image will appear on the new notes for five, 10, 20 50 pounds issued by the Bank of England. Existing notes featuring Elizabeth will continue to circulate.

Business

Web Desk
Jun 04, 2024

Govt’s weekly borrowing surpasses Rs35 billion

The government of Pakistan has incurred an additional debt of Rs35.4 billion during the week ending May 24, 2024. .

Business

Web Desk
Jun 04, 2024

Interbank closing: PKR gains 6.79 paisa against USD

The Pakistani rupee (PKR) appreciated slightly by 6.79 paisa against the US dollar (USD) in Tuesday’s interbank trading session, closing at PKR 278.3 per USD, compared to the previous session’s closing of PKR 278.36 per USD.

Business

Web Desk
Jun 04, 2024

PSX closes another day in red, shedding over 900 points

PSX experienced another tumultuous day on Tuesday, with the KSE-100 index plunging by 908.6 points, or 1.2 per cent, to close at 74,666.66.

Business

Web Desk
Jun 04, 2024

Will SBP lower policy rate following continuous decline in inflation?

State Bank of Pakistan (SBP) may lower its policy rate, according to S&P Global Market Intelligence, due to decline in inflation.

Business

Web Desk
Jun 04, 2024

Gold prices increase once again

The 10-gram gold was sold at Rs206,619 after it gained Rs600, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).