Business
Gold glitters as price rises by nearly Rs1,000 per tola
October 17, 2022
Gold glitters as price rises by nearly Rs1,000 per tola
Gold price settles at Rs148,300 per tola.Prices seem to be consolidating.Silver prices remain unchanged. KARACHI: Gold shined bright on Monday after…
Straight fourth session: Rupee continues to depreciate against US dollar
October 17, 2022
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…
Gold extends losses on rupee strength, traders watchful of positive cues
October 10, 2022
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…
Bulls dominate, KSE-100 gains over 80 points
October 3, 2022
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…
PKR continues winning streak against dollar
October 3, 2022
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…
Pound slumps to all-time low against dollar
September 26, 2022
Pound slumps to all-time low against dollar
Sterling tumbles to record trough as traders scamper for exits.Pound’s drop helps dollar to new two-decade peak against major peers.Sterling…
Rupee opens week’s trading on positive note, registers gain against dollar
September 26, 2022
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…
Rupee’s downward spiral continues unabated, breaches 245 threshold in open market
September 19, 2022
Rupee’s downward spiral continues unabated, breaches 245 threshold in open market
Rupee has lost over 8.27% in last twelve sessions.Local unit closes at 237.91 in interbank market.Analysts believe rupee is unlikely to…
Rupee continues losing streak against dollar
September 12, 2022
Rupee continues losing streak against dollar
Massive devastation caused by floods worsens country’s economic crisis.Rupee loses Rs1.64 against the US dollar in interbank market.Rupee likely to…
UK economy shrank record 11% in 2020, worst since 1709
August 22, 2022
UK economy shrank record 11% in 2020, worst since 1709
UK recorded its biggest fall in output in more than 300 years in 2020.Gross domestic product fell by 11.0% in…