Dollar demand by importers weighs. Seen mixed in the days to come. Low forex reserves remain a concern KARACHI: The rupee’s three-day stellar run was interrupted...
Forex reserves held by banks reduce by $2 million. Import cover sufficient for only 1.16 months. Fresh inflows expected by end of November. KARACHI: State Bank...
Consensus pave way for $450 to $500mn loan from World Bank. Decision will allow businesses to file one return of GST every month. NTC appreciates stakeholders...
Oil Companies Advisory Council informed OGRA about looming shortage in a letter. Under product review, deficit of 210,000 MT of HSD and 147,000 MT of petrol...
Rupee closes at Rs221.66 against dollar. Appreciates 0.12% in interbank market. Currency dealers expect rupee to remain range-bound. KARACHI: The Pakistani rupee continued to gain more ground...
Gold price settles at Rs151,800 per tola. Rates in Pakistan are around Rs2,000 below the cost. Silver prices remain unchanged. KARACHI: Gold price rose by Rs600...
China, KSA will provide additional amount of $8.8bn and $4.2bn, respectively. During PM’s recent visits, China, KSA assured to take care of Islamabad’s financial requirements till June...
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....