Dollar rose by Rs1.1 in interbank
The PKR lost Rs1.1 against the dollar during morning trade in the interbank market on Friday, breaking a three-day recovery streak. The local currency was…
Business
Govt removes taxes on import of tomato and onion till Dec 31
The government on Wednesday granted exemption of sales tax and withholding tax on the import of tomatoes and onions till December 31 in an effort…
PKR strengthens against dollar as SBP receives IMF loan
The Pakistani rupee continued to strengthen against the dollar in the interbank on Thursday despite the flood emergency triggering economic and humanitarian losess in the…
Govt jacks up petrol price by Rs2.07 per litre
The federal government once again announced increasing the price of petrol by Rs2.07 per litre for the first half of September, a statement issued by…
Power tariff hike by Rs4.34 per unit
The National Electric Power Regulatory Authority (NEPRA) hinted at increasing electricity rates by Rs4.34 per unit for the consumers of all distribution companies (DISCOs) except…
NEPRA hikes power tariff by Rs4.34 per unit
The National Electric Power Regulatory Authority (Nepra) approved another increase in electricity tariff by Rs4.34 per unit on account of monthly fuel adjustment (MFA) for…
PKR strengthens as IMF revives loan facility for Pakistan
The Pakistani rupee gained against US dollar on Tuesday after the International Monetary Fund (IMF) revived the loan programme. The greenback dropped by Rs2.42 against…
Govt to import onions, tomatoes from Iran, Afghanistan
The Ministry of Commerce has decided to import onions and tomatoes from Afghanistan and Iran to control soaring prices in the country. A meeting chaired…
Finally, IMF approved the bailout program for Pakistan
After months-long hectic efforts, the International Monetary Fund (IMF) executive board Monday approved the seventh and eighth review of the stalled $6 billion Pakistan programme,…
Miftah Ismail lambastes PTI leadership for trying to hamper IMF deal
Finance Minister Miftah Ismail castigated the PTI leadership after Shaukat Tarin allegedly asked Punjab and Khyber Pakhtunkhwa to withdraw from the International Monetary Fund’s (IMF)…