FY24: PSX emerges as top performer with 95pc annual return in $ terms KARACHI: Pakistan Stock Exchange performed exceptionally well and emerged as the top performing stock market with ... Published 29 Jun, 2024 06:40am
Markets Last PSX session of 2023 today: KSE-100 Index rose by 54pc in PKR terms KARACHI: The benchmark KSE-100 Index increased by 54 percent in Pak rupee terms (23 percent in USD) after many years... Published 29 Dec, 2023 02:58am
BR Research Exports locked in a Goldilocks moment After showing cautious signs of recovery, foreign bill discounting has once again reversed trajectory. According to... Published 20 Dec, 2023 08:57am
Markets Inter-bank: rupee sees 11th successive fall against US dollar Currency depreciates 0.34% to settle at 285.29 Updated 06 Nov, 2023 07:58pm
Business & Finance Rupee slide has hit economy hard, says businessman LAHORE: The Presidential candidate of the Federation of Pakistan Chambers of Commerce & Industries (FPCCI)... Published 05 Nov, 2023 03:10am
Opinion Removing institutional impediments The past few days have witnessed some encouraging positive developments on the country’s financial front providing... Updated 20 Oct, 2023 06:30am
Markets Your rupee last week KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (August 07 to ... Published 15 Aug, 2023 06:30am
Markets Rupee registers fourth straight loss, settles at 283.8 against US dollar Currency depreciates 0.27% in inter-bank market Updated 19 Jul, 2023 07:41pm
Business & Finance ‘Investors’ confidence increases after IMF deal’ LAHORE: After the endorsement of the IMF programme, the confidence of local and foreign investors will increase to... Published 19 Jul, 2023 03:21am
Markets PKR settles with marginal appreciation KARACHI: The rupee settled with a marginal appreciation of 0.11% against the US dollar during the previous week, as... Published 17 Jul, 2023 03:47am
Business & Finance Russia, Iran, & Afghanistan: FPCCI’s initiatives for barter trade bear fruit: chief KARACHI: Irfan Iqbal Sheikh, President FPCCI, has expressed his satisfaction that FPCCI’s years of relentless... Published 11 Jul, 2023 06:08am
Markets PKR declines only marginally KARACHI: The rupee depreciated marginally by 0.19% against the US dollar in the inter-bank market, settling at ... Published 05 Jun, 2023 03:27am
Markets Card-based cross-border transactions: authorised dealers allowed to purchase USD from inter-bank market SBP confirms circular addressed to presidents/chief executives of all authorised dealers in foreign exchange Customers likely to see lower rates on their cross-border credit/debit card transactions Published 31 May, 2023 08:15pm
Opinion IMF programme has dead-ended? The uncertainty surrounding the International Monetary Fund (IMF) programme is one single factor that has been... Updated 27 May, 2023 07:11am
Markets PKR declines only marginally KARACHI: The rupee depreciated marginally by 0.26% in the inter-bank market, settling at 285.82 against the US ... Published 22 May, 2023 06:23am
Business & Finance FY24: PBC urges govt to set ‘realistic’ tax target for FBR ISLAMABAD: Pakistan Business Council (PBC) has asked the government to set a realistic tax target for the Federal... Published 12 May, 2023 05:59am
Markets Indus Motor Company jacks up Toyota car prices yet again Cheapest variant of Yaris priced at Rs4.499 million Updated 11 Mar, 2023 08:33pm
Business & Finance Feb workers’ remittances post 5pc growth MoM KARACHI: Workers’ remittances posted 5 percent growth during February compared to January as cap on exchange rate... Published 11 Mar, 2023 03:16am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (March 06, 2023).... Published 07 Mar, 2023 03:16am
Markets SBP receives $500mn from ICBC: Ishaq Dar Finance minister had earlier said that ICBC has rolled over $1.3bn-facility, reiterated that Pakistan will not default Updated 04 Mar, 2023 01:36pm
Business & Finance PTCL Group achieves double-digit revenue growth ISLAMABAD: The PTCL Group has achieved double-digit revenue growth of 10.2 percent to Rs151.6 billion, mainly driven... Published 16 Feb, 2023 06:08am
Business & Finance FFC announces final results for 2022 RAWALPINDI: Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year ended December... Published 02 Feb, 2023 06:12am
Opinion Pakistan: an economy tailspinning into chaos? The over $9 billion pledges made by various countries at the Geneva moot recently to help Pakistan deal with the... Published 18 Jan, 2023 06:22am
Opinion How to deal with Pakistan’s forthcoming currency crisis “There are no solutions. There are only trade-offs.” ? Thomas Sowell Nomura has warned that Pakistan faces currency... Published 07 Jan, 2023 06:00am
Business & Finance Scrap: Local consumers not getting global price cut benefit ISLAMABAD: Despite a significant reduction in global scrap prices which declined from $644 to $365 per ton, the ... Published 03 Dec, 2022 05:50am
Markets Travelers take safety precautions, rupee gets hammered in open market In recent days, rupee has lost value against all major currencies, especially the UAE dirham However, experts say development is more due to 'smuggling, speculation' than any new travel SOP Published 29 Aug, 2022 02:39am
Print FY23 CAD will likely present a pleasant prospect Experts expect it to clock in at $8.7 billion or 2.3% of GDP Updated 09 Aug, 2022 09:24am
Pakistan Govt was left with few options to avert default: Miftah Ismail Finance minister says rupee's movement determined by market dynamics and SBP did not intervene Says import ban on CBUs of cars, mobiles and home appliances will remain in place till September 2022 Updated 06 Aug, 2022 04:49pm
Business & Finance Govt to limit imports for next 3 months: Miftah Finance minister says government ready to risk slow down in growth Updated 06 Aug, 2022 12:12pm
Markets July 2022: KSE-100 Index tumbles by 3.3pc MoM KARACHI: The Pakistan Stock Exchange remained under pressure and the benchmark KSE-100 Index witnessed a decline of... Published 02 Aug, 2022 05:36am