News & Events

Stay updated with our latest news and events.

PKR depreciates against US Dollar

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

PSX registers strong recovery

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,

PKR experienced a slight depreciation against the US dollar

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

Pakistan’s economy recorded a 2.4 percent growth

ISLAMABAD: Pakistan’s economy posted a 2.4 percent growth in the third quarter (January–March) of fiscal year 2024–25, according to data released by the Pakistan Bureau of Statistics (PBS) on Tuesday. This GDP growth came despite a 1.14 percent contraction in the industrial sector during the same period, as revealed during

Categories