Govt jacks up petroleum levy from Nov 16. Decision was made in line with IMF instructions. ECC decides to raise levy from to Rs50/lit on RON 95...
Rupee mostly remains stable in Friday’s trade Hopes of dollar inflows underpin buoyant close. Dollar continues to outshine world currencies. KARACHI: The rupee Friday closed the...
Gold price settles at Rs151,550 per tola. Price is determined keeping in view its prices in world markets. Investors wait for clues on US rate hike....
Domestic LPG cylinder new price notified at Rs2,409.16. Price of commercial cylinder climbs to Rs9,269. Pakistan braces for energy crisis in winter. ISLAMABAD: The Oil &...
CPI inflation up 4.7% compared to fall of 1.2% in Sept 2022. Numbers mostly in line with the market expectations. Impact of the high-base effect to...
Local unit closes at Rs220.65 against dollar. Rupee gains on expectations of a fresh loan tranche from IMF. Analysts anticipate rupee will rise further. KARACHI: October’s...
Gold price settles at Rs150,000 per tola. Cumulatively, it gained Rs4,500 per tola in October. Silver prices remain unchanged in local market. KARACHI: Gold prices in...
Rupee gains Rs1.59 against dollar. Local currency closes at 220.88 against greenback. Analyst believes finance minister’s meeting with SBP officials improved market sentiments. KARACHI: Finance Minister Ishaq...
Policy will provide Pakistan way to attract multi-billion-dollar investments. Pakistan, KSA discuss, review areas of mutual cooperation. Two sides agree to hold follow-up meeting next week....
Rupee registers losses for third consecutive session against dollar. Local currency closes at Rs222.47 in interbank market. It depreciates Rs0.97 or 0.44% against greenback. KARACHI: The Pakistani...