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ADB says recovery from COVID-19 impeded by external shocks. Increasing business, living costs affecting millions of Pakistanis. Loan to help manage inflation, food insecurity, slow commerce....
Rupee closes at 220.68 against dollar. Currency snaps gaining streak due to import payment pressure. Analyst says currency to consolidate between 215 to 220. KARACHI: The Pakistani rupee...
Rupee closes at 219.73 against dollar in interbank market. Market is anticipating inflows of $1.5bn from ADB. Dealers are hopeful that support from multilateral creditors would...
Five-member CAA delegation to meet European Commission, IASA. European authorities to conduct technical meeting with delegation. Commission, IASA will visit Pakistan in 2023 to review measures. KARACHI:...
Analysts predict multilateral creditor’s assistance will strengthen rupee. Rupee expected to trade at 216 to the dollar in next 10 days. Analysts see interest rates in...
Gold price settles at Rs146,400 per tola in Pakistan. Cumulatively, gold has lost Rs4,000 per tola in last three sessions. Demand for gold picked up pace...
Price settles at Rs147,900 per tola. Gold is fast approaching key lows. Silver prices remain unchanged. KARACHI: Gold snapped its four-day gaining spree as price declined...
Rupee closes at 220.95 after losing 0.03% in interbank market. Analyst says rupee’s outlook has improved significantly. Since the start of fiscal year 2022-23, rupee has lost...
Rupee depreciates Rs1.16 against dollar. Local currency closes at Rs220.87. Analysts believed rupee will remain range-bound this week. KARACHI: The Pakistan rupee continued to lose ground against the...
Several parts of Pakistan, mainly Sindh, Punjab and Balochistan, were left without power after a fault was detected in the national grid’s southern transmission system last...
