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The rupee continued to lose its value on Monday, trading at an all-time low of 270 against the dollar in the interbank market as of 11:59am. The...
ISLAMABAD: Pakistan is expected to witness an aggravating gas crisis in February as an Italy-based LNG trading company, ENI, intimated that it will not be able to deliver its...
ISLAMABAD: Despite efforts to conserve foreign exchange reserves by restricting imports, Pakistan spent $1.2 billion (or Rs 259 billion) on the import of transportation items, including...
LAHORE: As Pakistan struggles to boost depleting foreign exchange reserves, the textile owners threatened the government of staging a protest due to the delay in the clearance...
LAHORE/ISLAMABAD: Pakistan could secure crude oil deal with Russia on desired discount rate if Prime Minister Shehbaz Sharif contacts Russian President Vladimir Putin, The News reported on Friday...
KARACHI: Pakistan’s foreign direct investment (FDI) shrank by 59% to $461 million in the first six months of the current fiscal year, the State Bank of Pakistan (SBP) data showed...
Gold price bounced back on Wednesday as bargain hunters took advantage of recent uncertainty, but the precious metal’s outlook was still clouded by prospects of aggressive...
KARACHI: Pakistan stocks Tuesday plunged to a 30-month low as the country’s extremely riotous political situation freaked economy-wary investors into stampeding towards the exits, resulting in...
KARACHI: The Exchange Companies Association of Pakistan (ECAP) has advised the government to “fix” the dollar rate to reduce the volatility in the currency market as...
ISLAMABAD: Pakistan is set to to hold bilateral talks with a Russian delegation, arriving tomorrow, on an oil and liquefied natural gas (LNG) trade deal for a long-term...
