On Tuesday, the interbank rate of the US dollar versus the Pakistani rupee fell by 29 paisa. On the second business day of the week, the rupee finished at Rs176.43, down from Rs176.72 the day before. In the previous three sessions, the local currency has gained 55 paisas against theRead More →

A business strategy was submitted to the Finance Ministry in order to make PIA feasible. On Tuesday, the Finance Ministry received a five-year business plan with the purpose of keeping Pakistan International Airlines (PIA) afloat in the future by avoiding losses. According to the idea, the number of aircraft shouldRead More →

The National Electric Power Regulatory Authority (NEPRA) is expected to raise energy prices by much to Rs3.12. The Central Power Purchasing Agency (CPPA) has made a request for a monthly fuel adjustment. The raise will impose an extra burden of 30 billion rupees on individuals who are already suffering. AsRead More →

ISLAMABAD – ISLAMABAD (Dunya News) – The Pakistan Stock Exchange’s (PSX) KSE 100 index went bullish on Friday, adding 263.35 points, or 0.58 percent, to close at 45,345.65 points, up from 45,082.30 points the previous working day. During the day, a total of 242,263,117 shares were traded, compared to 345,295,628Read More →