The last date for submission of Hajj applications along with dues from intending pilgrims for Hajj 2025 is December 3, 2024. The central bank issued the directives following a request of the Ministry of Religious Affairs and Interfaith Harmony to facilitate the intending pilgrims in depositing Hajj applications along with dues for Hajj 2025, according […]
In September, services exports reached 656.99 million dollars, marking over a seventeen percent increase. The main reason behind the increase in services exports is the significant growth in the IT sector. It is important to mention here that the exports from the country in the rupee term witnessed an increase of 9.57 percent during the […]
The dollar sagged against most major peers in trading thinned by the U.S. Thanksgiving holiday, with sterling at the highest since Nov. 20. The euro edged back toward Wednesday’s one-week high after recovering from a small decline in the previous session to end that day little changed. German consumer price data on Thursday was flat, […]
According to the SBP, this amount will be added to the foreign exchange reserves next week. The SBP says the ADB has given this amount to deal with the impact of climate change in Pakistan. On October 29, the Asian Development Bank (ADB) approved a US$500 million policy-based loan to support climate change and disaster […]
The KSE-100 index gained 813.52 points, or 0.82 percent to close an all-time high of 100,082.77 points, from the previous day’s closing of 99,269.25 points. A total of 1.16 billion shares were traded during the day at the PSX, compared with the turnover of 1.05 billion the previous trading day at the stock market. The […]
Additionally, according to forex. pk, the price for 10 grams of 24-karat gold is currently SAR 3,169 while the price per ounce of gold is set at SAR 9,858. It is important to note that gold prices fluctuate globally, including in Saudi Arabia, and there may be variations in this information as the prices were […]
The KSE-100 Index which closed at 99,269 points yesterday, reached one lac five hundred forty points with an increase of one thousand two hundred seventy-one points at the start of the business activities. The constant upward trend in the stock market shows the increasing confidence of the business community and investors in government policies to […]
The benchmark index gained 4,695.09 points, or 4.96 percent, to settle at 99,269.25 points at the closing of the stock market, as against the previous day’s closing of 94,574.16 points. A total of 1.05 billion shares were traded during the day compared with the turnover of 1.11 billion during the previous trading day at the […]
According to the Monthly Economic Update and Outlook for November, the fiscal sector stability has been evident on the back of prudent fiscal consolidation as during July-September (FY2025), the net federal revenues grew 186 percent to Rs.4,019 billion from Rs.1,406 billion during the same period of last year. “The unprecedented increase in revenues was mainly […]
The rupee was at 84.4425 against the U.S. dollar, down 0.1% from its close of 84.3275 in the previous session. The weakness in most Asian currencies also weighed on the rupee, with the Indonesian rupiah down 0.4% and leading losses. Public sector banks were spotted bidding for dollars, with the demand most likely related to […]
