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KARACHI: The Pakistani rupee edged slightly higher against the US dollar in the inter-bank market on Monday. The currency closed at 280.71, gaining Re 0.01 against the greenback. Last week, the rupee had also recorded a modest increase of Re 0.10, or 0.04 percent, closing at 280.72 compared with 280.82
KARACHI: Pakistan’s Foreign Direct Investment (FDI) fell by 26 percent in the first four months of FY26. As per data from the State Bank of Pakistan, FDI stood at USD 747.7 million between July and October FY26, compared with USD 1.015 billion during the same period last year—a drop of
The Pakistani rupee recorded a slight weekly rise, appreciating by Re0.10 (0.04%) against the US dollar in the inter-bank market.
Two leading Chinese firms — Shenzhen Sea Energy Power Holding Company and Zhihyuzun Group — have moved forward with major investment plans in Punjab following a meeting with Provincial Minister for Industries, Commerce, Investment and Skill Development (ICI&SD) Chaudhry Shafay Hussain, paving the way for new opportunities in textile manufacturing,
