US dollar hits new heights against Pakistani rupee
The US dollar continued to hit new heights against a weakening Pakistani rupee, and reached the 305 level during trading as the gap with the…
Business
Pakistan submits proposals to IMF on relief in electricity bills
Pakistan has approached the International Monetary Fund (IMF) to provide relief to the public in electricity bills. Interim Finance Minister Shamshad Akhtar held a virtual…
Economic situation ‘worse than anticipated’, no fiscal space available for subsidies: Finance minister
As the country continues to brave rising inflation, interim Finance Minister Shamshad Akhtar on Wednesday warned that Pakistan’s economic situation was “worse than anticipated” and…
Power bills: IMF asks Pakistan to share relief plan in writing
The International Monetary Fund (IMF) on Wednesday asked Pakistan to share the plan in writing to provide relief in electricity bills as the protests continue…
Rupee’s fall continues against US dollar
The US dollar continues its steady flight upwards as the Pakistani rupee faces record-breaking battering in the currency exchange market. The American currency shattered records…
Power tariff likely to go up again
Amidst the unresolved issue of excessive electricity bills, a new concern looms as consumers brace for a potential added burden in the form of fuel…
Govt plans to drop gas bomb on already suffering masses
The Ministry of Petroleum has prepared a plan to increase gas prices by 55-60 percent in order to get rid of the revolving debt of…
US dollar soars to new high against PKR
The US dollar’s relentless surge against the Pakistani rupee shows no signs of abating, reaching record highs in both the interbank and open markets on…
Pakistan, China start first international road transport trade
The first convoy of cargo trucks is on its way from China to Pakistan, as trade started between Pakistan and China under international road transport….
PKR plunges to all-time low against US dollar
The Pakistani rupee continued to remain under historic pressure against the American dollar, as it lost further value on Thursday morning. At the start of…