Rupee continue to strengthen against US dollar in inter-bank
The Pakistani rupee continued to strengthen against the US dollar, gaining 0.4% during the opening hours of trading in the inter-bank market on Wednesday. At…
Business
PKR continues to strengthen against US dollar
The Pakistani rupee (PKR) continued its merry run against US dollar (USD) in currency market on Tuesday morning. “The USD goes down by 1.08 PKR…
Gold prices decline by Rs.1,000 per tola
The price of gold has reduced by Rs1000 per tola in the country today (Tuesday) and a total of Rs4000 in two days. According to…
OGRA reacts to reports of speculations about petrol prices
After federal ministers claimed the POL rates would likely be reduced in the next fortnightly review, the Oil and Gas Regulatory Authority (Ogra) Monday advised…
PKR continues to gain ground against US dollar in interbank
The US dollar (USD) dropped by 0.96 Pakistani rupee (PKR) in interbank and trading at 290.80 rupees on Monday. “The USD goes down by 0.96…
Finance Minister vows to address energy sector issues for robust economy
Finance Minister Dr. Shamshad Akhtar has reiterated government’s commitment to expanding the tax base and addressing energy sector issues for a robust economy. She was…
World Bank urges Pakistan to take urgent steps to tax agriculture and real estate
Deeply concerned over the state of economy, the World Bank has urged Pakistan to take urgent steps to tax its sacred cows – agriculture and…
Change in gas prices to be announced soon: energy minister
Caretaker Minister for Energy Muhammad Ali on Thursday said gas prices in the country had consistently been a matter of concern, underlining that forthcoming announcements…
ADB warns political instability in Pakistan will remain key risk to implementing reform
Warning that downside risks to Pakistan’s economic outlook remain exceptionally high, the Asian Development Bank’s latest report says the country’s adherence to an economic adjustment…
IMF expresses concerns over smuggling oil in Pakistan
The International Monetary Fund has expressed ‘concerns’ over the increase in the sale of smuggled oil in Pakistan and has asked authorities to submit a…