Category: News

Rupee depreciated further against the US dollar

KARACHI: Rupee depreciated further against the US dollar in the inter-bank market as it lost Re0.41 or 0.15% during the previous week. The local unit closed at 284.87, against 284.46 it had closed the week earlier against the greenback, according to the State Bank of Pakistan (SBP). In a key

Pakistan Embassy to Host Pak-China Business Meetup

BEIJING: In a bid to attract investment and strengthen business ties, the Pakistan Embassy in China will organise a matchmaking event between Pakistani and Chinese entrepreneurs in Beijing by the end of next month. “We are expecting 100 to 150 Pakistani business leaders or company representatives to visit China during

PKR Maintains Stability

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

PSX Continues Upward Momentum

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

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