Islamabad is hopeful that the first review of the $3 billion standby agreement (SBA) would be completed successfully, as negotiations between the International Monetary Fund (IMF) team and Pakistani officials are now in their final round. According to sources, policy-level negotiations between the IMF and Pakistani authorities got underway today, Monday, and will go until […]
The News reported on Tuesday that Indus Motor Company (IMC), which assembles Toyota vehicles in Pakistan, has reduced prices by up to 8.3%, or Rs1.31 million, as of October 24 in order to pass the benefits of the rupee’s recent strengthening against the dollar on to customers. The company, which sells Toyota‘s Yaris, Corolla, Revo, […]
Pak Suzuki Motor Company, a Japanese automaker in Pakistan, stated on Thursday that its board of directors had authorized the company’s voluntary delisting from the Pakistan Stock Exchange (PSX), citing the lack of any shareholder dividends and ongoing losses as reasons for the decision. The business informed the PSX that it will soon submit a […]
The rupee returned to increasing gains against the dollar in the interbank market by Rs2.09 after losing ground against the dollar on Wednesday. Following an administrative crackdown on the black market for currencies, the rupee enjoyed increases of up to 6 percent for the majority of September. As a result, it ended up being the […]
The Pakistani rupee is showing strong signs of continuing its robust climb after easily surpassing the much-discussed resistance level of Rs. 285 against the US dollar on Wednesday to reach a fresh three-month high in the inter-bank market. According to data from the central bank, the rupee recorded further gains of 0.37%, or Rs1.04, and […]
The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) increased by more than 394 points during Monday’s trading, which analysts ascribed to what appeared to be a better economic outlook. The government announced a decrease in fuel prices, cutting the cost of gasoline and high-speed diesel by Rs. 8 per litre and Rs. 11 […]
The Pakistani rupee strengthened throughout the previous week, gaining 1.4% against the US dollar in the interbank market, and is expected to be this month’s best-performing currency. The dollar’s value at the end of trading on Thursday was Rs287.74, down 4.02 or 1.4% from the previous week, according to the State Bank of Pakistan. It […]
These price changes have mostly been attributed to the effect of the notoriously volatile international gold market. A tola of 24-karat gold was worth Rs26,000 on Tuesday in Pakistan. One tola of 22-karat gold cost Rs188,833 for those who were interested in purchasing it. Consumers and investors are perplexed after today’s sharp and unexpected price […]
Gold Rate in Pakistan today on 9 June 2023 is being sold for Rs.193844 per 10 grams, and the price of Gold is 226100 per tola in Pakistan today. Gold Rate In Pakistan Today Karachi is the central hub of the gold market, in Pakistan, Karachi is leading for the gold price; every city follows […]
Gold Rate in Pakistan today on 8 June 2023 is being sold for Rs.193844 per 10 grams, and the price of Gold is 226100 per tola in Pakistan today. Gold Rate In Pakistan Today Karachi is the central hub of the gold market, in Pakistan, Karachi is leading for the gold price; every city follows […]
