KARACHI: Pakistan’s total liquid foreign exchange reserves rose by $1.034 billion last week, driven by the disbursement of an IMF loan tranche. According to the State Bank of Pakistan (SBP), the influx of IMF funds pushed the country’s total liquid foreign exchange reserves above the $16 billion mark, reaching $16.649
KARACHI: The Pakistani rupee weakened slightly against the US dollar, dipping by 0.02% in the inter-bank market on Wednesday.By the close of trading, the local currency stood at 281.97, marking a decline of Re0.05 compared to the previous day. On Tuesday, the rupee had closed at 281.92…… Read
KARACHI: The Pakistan Stock Exchange (PSX) rebounded strongly on Wednesday, fueled by renewed investor confidence and speculative interest ahead of the upcoming Federal Budget. Significant buying was observed in oil & gas and banking sector stocks. The benchmark KSE-100 Index surged by 960 points, or 0.81%, closing at 119,931.5 points,
KARACHI: The Pakistani rupee weakened slightly against the US dollar on Tuesday, depreciating by 0.05% in the inter-bank market. By the day’s end, the local currency closed at 281.92, down by Re0.15 compared to Monday’s closing rate of 281.77. On the global front, the US dollar traded mostly flat on
