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Tag: Economic News

Pakistan IT sector
Business
  • Web Desk
  • Oct 19, 2023
Pakistan’s tech sector earns nearly $450 million in two months

In the first two months of the fiscal year 2023–24, Pakistan’s information technology (IT) services sector demonstrated robust growth, generating revenue of $448.971 million through operations in various countries.

USD to PKR
Business
  • Web Desk
  • Oct 18, 2023
Pakistani rupee loses more than Rs3 against US dollar in a single day

According to the State Bank of Pakistan, the Pakistani rupee settled at Rs280.29 after a notable decrease of Rs3.26 in the inter-bank market.

MG HS Essence price in Pakistan
Business
  • Web Desk
  • Oct 17, 2023
MG HS Essence price reduced by Rs600,000 in Pakistan

The price of MG HS Essence has been reduced by a substantial Rs600,000. This decision has brought down the SUV’s price from the previous rate of Rs8,699,000 to the new price of Rs8,099,000.

US dollar to PKR rate
Business
  • Web Desk
  • Oct 17, 2023
Pakistani rupee’s winning streak against US dollar ends after 28 sessions

According to the State Bank of Pakistan (SBP), the rupee settled at 277.03, marking a decrease of Re0.20 in the inter-bank market.

USD in PKR intraday update
Business
  • Web Desk
  • Oct 16, 2023
Pakistani rupee gains Rs0.79 versus US dollar to close at Rs276.83

Around 10 am, was observed at Rs276.48, reflecting a notable increase of Rs1.14 in the interbank market.

New petrol price in Pakistan from October 16
Business Pakistan
  • Web Desk
  • Oct 14, 2023
Petrol price in Pakistan expected to drop below Rs290 per litre soon

In an anticipated move in response to global oil price fluctuations, the price of petrol in Pakistan is expected to decrease by Rs35 per litre on October 16, 2023.

gold price rebound
Business
  • Web Desk
  • Oct 13, 2023
Persistent decrease: Gold prices remain on a downtrend in Pakistan

The price of gold in Pakistan declined on Friday, dropping by another Rs100 per tola to Rs197,100 per tola.

latest gold price in Pakistan 2023
Business
  • Web Desk
  • Oct 11, 2023
Gold prices in Pakistan rebound

The price of gold experienced a notable rebound in Pakistan after witnessing a decline of Rs15,500 on Tuesday.

Pakistan stock market gains more than 300 points
Business
  • Web Desk
  • Oct 11, 2023
Eighth straight gain: Pakistan stock market gains more than 300 points

In Wednesday’s trading session, the Pakistan Stock Exchange (PSX) continued its robust performance, marking the eighth consecutive session of gains.

gold price
Business
  • Web Desk
  • Oct 10, 2023
Gold price goes down by Rs15,500 in one day

The price of gold witnessed a substantial decrease of Rs15,500, bringing it down to Rs199,500 per tola. Similarly, the price of 10 grammes of gold saw a reduction of Rs13,546, settling at Rs171,039.

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