Business
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Business
Straight fourth session: Rupee continues to depreciate against US dollar
Rupee closes at 218.89 after depreciating 0.21%.Analysts believe rupee is experiencing technical correction.Rupee is expected to remain rangebound in ongoing…
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Business
Gold extends losses on rupee strength, traders watchful of positive cues
Gold price settles at Rs143,100 per tola.Cumulatively, gold loses Rs1,950 per tola in last two sessions.Silver prices in domestic market…
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Business
Bulls dominate, KSE-100 gains over 80 points
KSE-100 index closes at 41,211.70 points with a rise of 0.20%.Uptrend fuelled by continuous appreciation of rupee against dollar.Shares of…
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Business
PKR continues winning streak against dollar
Rupee gains 1.16 against greenback in interbank market.Local currency closes at Rs227.29 against greenback.Economists agree rupee will extend its rise…
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Business
Rupee opens week’s trading on positive note, registers gain against dollar
Pakistan rupee closes at 237.02 after gaining 2.63.Local unit gains after successive losses last week.Increase comes after announcement of Ishaq…
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Business
PSX soars over 800 points as Pakistan inches closer to IMF programme
KSE-100 index surpasses 41,000-mark.Investors cheer news that Pakistan has completed all IMF conditionsBullish trend also driven by appreciation of rupee…
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Business
Dollar rises by Rs2.25, crosses Rs200 mark as oil payments push demand
The US dollar appreciated by more than Rs2 in the interbank market on Monday to cross the Rs200 mark, with…
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Business
Tough times ahead for the common man
Within a month and a half, the State Bank of Pakistan (SBP) raised its key policy rate by 400 basis…
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Business
Rupee gains another 70 paisa in interbank as Pakistan closes in on IMF deal
Continuing its recovery, the rupee on Monday appreciated by 70 paisa against the US dollar in the interbank trade, a…
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