Reports indicate that essential commodities have jumped by Rs20 to Rs80 per kilogram, primarily due to a steep increase in palm oil prices on the international market. The price of palm oil prices has escalated from $900 to $1,200 per ton, marking a staggering rise of $300 recently. This dramatic surge is attributed to various […]
The crypto market is down 46% from its all-time high in May, but shrewd investors are celebrating the dip in prices. Because the IRS classifies digital currencies like bitcoin as property; losses on crypto holdings are to treat much differently than losses on stocks and mutual funds, according to Onramp Invest CEO Tyrone Ross. With crypto tokens, […]
People’s hardships have increased following a stark increase in the prices of essential commodities ahead of Ramadan. After the rise in prices, 1kg sugar is available for Rs105 in Karachi. Chicken is being sold for Rs450 a kg, cooking oil is retailing at Rs280 per liter; while the prices of pulses have also witnessed an […]
The foreign exchange reserves held by the central bank rose 0.45% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On October 23, the foreign currency reserves held by the SBP were recorded at $12,121.5 million; up $55 million compared with $12,066.6 million in the previous week. […]
