ISLAMABAD (A News) – According to Pakistan Tehreek-e-Insaf (PTI) leader Asad Umar, the State Bank of Pakistan’s foreign exchange reserves have dropped by more than $6 billion since the no-confidence vote. Asad Umar, speaking at a news conference with PTI leaders in Islamabad, said that diminishing reserves are putting pressureContinue Reading
On Friday, the price of 24 carat per tola gold dropped by Rs 700, to Rs 135,300, from Rs 136,000 on the local market. According to the All Sindh Sarafa Jewellers Association, the price of 10 gramme 24 carat gold has dropped by Rs 600 to Rs 115,998, down fromContinue Reading
The decision by the world’s largest palm oil producer to stop exports beginning on Thursday will raise prices for all major edible oils, including palm oil, soy oil, sunflower oil, and rapeseed oil. Mumbai: After Indonesia’s unexpected restriction on palm oil exports drove buyers to seek alternatives, which were alreadyContinue Reading
Prime Minister Muhammad Shehbaz Sharif paid a visit to the Diamer-Bhasha Dam construction site on Sunday. Given the national significance of the megaproject, the prime minister chose to pay a visit to the site despite the fact that Sunday is an official holiday. WAPDA Chairman retired Lt. General Muzammil HussainContinue Reading
On the local market, the price of 24 carat per tola gold jumped by Rs 150 and was sold for Rs 131,350 on Thursday, up from Rs 131,200 the previous day. According to the All Sindh Sarafa Jewellers Association, the price of a gramme of 24 karat gold increased byContinue Reading
The US dollar broke over the 180-mark against the Pakistani rupee during intraday trading in the interbank market (PKR). The dollar resumed its upward trend, increasing over 60 paisas to 180.05 against the greenback, up from 179.44 the day before.Continue Reading
On Friday, the price of 24 karat per tola gold dropped by Rs 50 on the local market, when it was sold for Rs 128,800, down from Rs 128,850 the day before. The price of 10 gramme 24 karat gold declined by Rs 43 to Rs 110,425 from Rs 110,468Continue Reading
The Pakistani rupee fell 21 paisas against the US dollar in interbank trade on Monday, according to the State Bank of Pakistan, concluding at Rs177.62 against a previous day’s close of Rs177.41 (SBP). The open market purchasing and selling values of the dollar, according to the Forex Association of Pakistan,Continue Reading
ISLAMABAD: The federal government raised the price of petroleum goods by up to Rs12 per litre on Tuesday, with effect from February 16. The governing Pakistan Tehreek-e-Insaf (PTI) administration has increased the price of petrol by Rs12.03 per litre, high-speed diesel by Rs9.53 per litre, and light diesel by Rs9.43Continue Reading
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 theContinue Reading
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