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Business

Web Desk
Nov 02, 2023

Rupee weakens against US dollar

Pakistani Rupee gained record Rs30 approximately against the greenback in October but the advance has now been halted amid the new deal negations with the International Monitory Fund (IMF) by finance ministry officials.

Business

Web Desk
Oct 30, 2023

Rupee sees minor fall against US dollar

During the previous week, the rupee declined against the US dollar as it closed 0.63 percent or Rs1.77 lower in the inter-bank market.

Business

Web Desk
Oct 29, 2023

Strengthening Rupee fails to curb price hikes

Market observers recommend extending crackdowns on hoarding and smuggling from sugar and wheat to other commodities like rice and pulses to lower prices at the retail level.

Business

Web Desk
Oct 21, 2023

Banks accused of manipulating rupee-dollar exchange rate

Banks, along with other stakeholders, functioned as cartels. They manipulated the interbank dollar rate to enhance their profits.

Business

Web Desk
Oct 08, 2023

US dollar expected to drop below Rs280 next week

The Pakistani rupee’s bullish trend against the US dollar persisted for the 22nd consecutive session, with the dollar losing 93 paisas and settling at Rs282.69, bringing the rupee closer to the significant Rs280 mark. Experts predict that the US dollar may drop below Rs280 in the coming week.

Business Pakistan

Web Desk
Oct 03, 2023

Pakistan’s poverty rate increased 5.2 percent in one year: World Bank report

Latest

Web Desk
Sep 23, 2023

Potential Rs12 petrol price drop?

The government is expected to make the final decision on petroleum product prices for the forthcoming two-week period on September 30.

Latest

Web Desk
Sep 22, 2023

Pakistani rupee further appreciates against US dollar

According to the State Bank of Pakistan, the Pakistani currency appreciate in the interbank market to close at Rs291.76 paise

Pakistan

Web Desk
Sep 17, 2023

PSX dips then recovers, closing the week on a high note

The biggest factor adding the bearish tone was the higher policy rate by the SBP which subsided after SBP’s announcement to keep the policy rate unchanged at 22 percent.