Category: News

PKR Strengthens Slightly in Interbank Market

The Pakistani rupee strengthened further against the US dollar, appreciating by 0.01% in the inter-bank market on Friday. At the close, the local currency stood at 279.77, marking a gain of Re 0.03 against the greenback. On Thursday, the rupee had closed at 279.80, showing a steady upward trend in

PSX Posts Firm Recovery Amid Volatile Trading

The Pakistan Stock Exchange (PSX) witnessed a strong recovery on Friday, with broad-based buying pushing benchmark indices higher. The market reversed some of the losses seen in previous sessions, driven by improved investor sentiment and positive policy signals. Despite ongoing market volatility, the PSX closed in positive territory, reflecting renewed

PKR edges up marginally against US dollar

The Pakistani rupee showed a slight gain against the US dollar in the interbank market on Thursday, closing at 279.80, up by Re 0.01 from Wednesday’s closing rate of 279.81. The marginal improvement reflects stability in the local currency amid ongoing market fluctuations, as traders continue to monitor exchange rate

Oil hits five-month high amid Middle East tension fears

Global oil prices jumped nearly 4% to a five-month high as fears grew over potential supply disruptions if the US moves toward military action against Iran. Brent crude rose to $70.90 per barrel, while WTI climbed to $65.56, driven by escalating geopolitical tensions and rising unrest inside Iran, keeping global

Categories