KARACHI: The Pakistani rupee remained largely stable against the US dollar in the inter-bank market on Thursday. At close, the currency settled at 284.97, a loss of Re0.01. On Wednesday, the currency settled at 284.96. Internationally, the US dollar was on a fragile footing on Thursday having lost ground overnight
KARACHI: The Pakistan Stock Exchange (PSX) extended its bullish momentum on Thursday, buoyed by strong institutional buying, renewed interest in blue-chip stocks, and investor optimism. The benchmark KSE-100 Index surged 2,285 points or 1.68 percent to a new all-time closing high of 138,665.50 points as compare to its previous close
KARACHI: The Pakistani rupee weakened against the US dollar, depreciating 0.10% in the inter-bank market on Wednesday. At close, the currency settled at 284.96, a loss of Re0.29. On Tuesday, the currency settled at 284.67. Internationally, the US dollar rose alongside Treasury yields on Wednesday, which in turn kept pressure
ISLAMABAD: The International Monetary Fund (IMF) has asked the Ministry of Finance and the State Bank of Pakistan (SBP) to sit together and find a way forward for financing the Pakistan Remittances Initiative (PRI) – a scheme for facilitating remittances through formal channels. This was revealed by the finance secretary,
