Rupee loses more ground to US dollar, hits new low of 177.89
The Pakistani rupee continues to take a beating as it set the seventh all-time low of 177.89 against the US dollar on...
NA session for mini budget postponed due to OIC moot
ISLAMABAD: The government has postponed the National Assembly (NA) session, which was scheduled to meet on Monday to present the mini-budget, due...
Imran orders ‘strong action’ against illegal fishing in Gwadar
ISLAMABAD: Following a month of protests, the prime minister on Sunday ordered “strong” steps against illegal fishing off the coast of Gwadar, a...
Secretary Petroleum shown the door
ISLAMABAD: The federal government on Saturday handed Secretary Power Division Ali Raza Bhutta the charge of the office of secretary Petroleum Division...
Rupee sets 6th all-time low against dollar, closes at 177.71
The Pakistani rupee on Friday plummeted again, setting the sixth all-time low of 177.71 against the US dollar.
According to the State Bank...
Pakistan witnessed fastest export growth in South Asia during Nov: Dawood
Pakistan’s exports had the fastest growth rate in South Asia during November this year, Adviser to PM for Commerce and Investment Abdul...
SBP forex reserves leap 16.6pc
The State Bank of Pakistan's (SBP) foreign exchange reserves increased by 16.6 per cent or $2.648 billion to $18.658bn during the week...
Profit rates on savings schemes increased
ISLAMABAD: The government has increased profit rates on all National Saving Schemes (NSS) by up to 2.4 per cent following a hike...
NEPRA notifies Rs4.75 hike in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has notified a Rs4.75 per unit hike in the power price on account of...
SBP contracts Supernet for tech services
KARACHI: The State Bank of Pakistan (SBP) has awarded a Rs100 million contract to Supernet, a subsidary of Telecard for IT and...
ADB approves $603m loan to support Pakistan’s Ehsaas programme
LAHORE: The Asian Development Bank (ADB) has approved a $603 million results-based lending programme to strengthen and expand social protection programmes in...
Rupee freefall continues as dollar reaches 177.50 in intraday trade
The Pakistani rupee continued to slide against the US dollar on Wednesday as it depreciated by a another 65 paisa to set...
FBR suspends new property valuations till Jan 16
ISLAMABAD: The Federal Board of Revenue (FBR) has held in abeyance the recently notified valuation rules to allow registration of the in-process...
Mobile imports decline by 73pc as Pakistan begins manufacturing
ISLAMABAD: The import of cell phones has drastically decreased by 73 per cent during the first five months of the current fiscal...
Rupee breaks all previous records against US dollar despite $3bn Saudi deposit
KARACHI: Pakistani rupee on Tuesday plunged against the US dollar in the interbank market once again to hit yet another all-time low...