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The rupee declined to a record new low on Tuesday, trading against the US dollar at 222 in the open market at mid-day trade. The quick...
Pakistani rupee falls by Rs6.79, closes at 221.99 against dollar. This is the highest day-on-day depreciation after June 26, 2019. Import pressure, political uncertainty behind rupee’s...
KSE-100 plunges by 707.80 points. Index closes at 41,367.11 points. Political uncertainty plunges market. KARACHI: The stocks at the Pakistan Stock Exchange (PSX) plunged Monday as...
Pakistani rupee depreciates Rs4.25 against greenback. On June 22, rupee had closed at a record low of 211.93. Analyst cites import payment pressure, political uncertainty as...
The South Asian nation Sri Lanka defaulted in May 2022 for the first time on its debt. Its government was given an ultimatum of 30 days...
Finance Minister Miftah Ismail says Prime Minister Shehbaz Sharif wants to give immediate relief to public. Says prices of petroleum products will be lowered today instead...
KSE-100 index closes at 41,862.77 points with a gain of 1.25%. Market players assumed fresh positions at the bourse today. Shares of 325 companies were traded...
Twitter lawsuit accuses Elon Musk of contract breach Twitter also accuses Musk of “secretly” accumulating shares in company between January and March without properly disclosing substantial...
Sources say an official announcement in this regard is expected soon. Staff-level agreement will pave way for $1.2b disbursement, which is expected in August. Disbursal would...
SBP has cumulatively increased the rate by 800 basis points since Sept 2021 to control inflation. MPC to meet next on August 22; will carefully monitor...
