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Business

Web Desk
Feb 29, 2024

SBP’s forex reserves dip by over $63 million

In the week concluding on February 23, 2024, the State Bank of Pakistan (SBP) experienced a decrease of $63.2 million in its foreign exchange reserves, reflecting a 0.79 per cent decline.

Business

Web Desk
Dec 18, 2023

5th consecutive gain: rupee closes at Rs283.21 against dollar

In Monday’s interbank session, the Pakistani rupee (PKR) demonstrated resilience, appreciating by 4.77 paisa against the US dollar.

World

Web Desk
Nov 30, 2023

More new billionaires inherited wealth last year compared to self-made ones: report

In the past year, a significant portion of the wealth amassed by billionaires was inherited rather than earned through entrepreneurship, reveals a report by Swiss banking group UBS.