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Business

Web Desk
Nov 13, 2023

Interbank closing: Pakistani rupee witnesses 15th consecutive decline

In its 15th consecutive session, the Pakistani rupee sustained losses against the US dollar, depreciating by 0.18 per cent in the interbank market on Friday, according to the State Bank of Pakistan (SBP).

Business

Web Desk
Nov 10, 2023

Pakistan’s stock market surges to historic high, closes at 55,391.37

The Pakistan Stock Exchange experienced a remarkable surge as the KSE-100 index soared by 1,129.94 points, or 2.08 per cent on Friday.

Business

Web Desk
Nov 10, 2023

Pakistan’s central govt debt soars to Rs62.29 trillion

The latest data released by the State Bank of Pakistan (SBP) reveals a notable 25.94 per cent year-on-year surge in the central government’s total debt, reaching Rs62.291 trillion in September 2023.

Business

Web Desk
Nov 10, 2023

Weekly inflation in Pakistan jumps by 29.86%

The Weekly Sensitive Price Indicator for the Combined Group experienced a 0.73 per cent increase during the week ending on November 8.

Business

Web Desk
Oct 30, 2023

Sixth consecutive decline: Pakistani rupee closes 38 paisa lower against US dollar

In the latest economic developments, the Pakistani rupee faced its sixth consecutive decline against the US dollar, depreciating by 0.14 per cent in the inter-bank market on Monday.

Business

Web Desk
Oct 27, 2023

PKR slips for fifth consecutive day, closes at Rs280.57 versus US dollar

In a consecutive fifth decline, the Pakistani rupee (PKR) weakened by 0.17 per cent against the US dollar (USD) in the inter-bank market on Friday, according to the State Bank of Pakistan (SBP).

Business

Web Desk
Oct 23, 2023

State Bank predicts 2-3% GDP growth for Pakistan in FY24

The State Bank of Pakistan (SBP) has projected a GDP growth of 2-3 per cent for the fiscal year 2024, citing a report from the central bank.

Business

Web Desk
Oct 23, 2023

Pakistan Stock Exchange closes above 51,000 mark for the second time in history

The Pakistan Stock Exchange’s benchmark KSE-100 Index concluded at 51,070.83, marking a significant increase of 338.96 points.

Business

Web Desk
Oct 21, 2023

No change expected: SBP likely to maintain 22% interest rate

The State Bank of Pakistan (SBP) is expected to keep its key interest rate steady at 22 per cent this month, according to Topline Securities.

Latest

Hum News
Oct 03, 2023

KSE-100 index inches up by 0.28% to close at 46,756.80 points

The KSE-100 Index, the benchmark index of the Pakistan Stock Exchange (PSX), wrapped up Tuesday with a notable 0.28 per cent increase, demonstrating a positive trading day.