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KARACHI: Rupee weakened further during the previous week as it depreciated Re0.74 or 0.26% against the US dollar. The local unit closed at 283.70, against 282.96 it had closed the week earlier against the greenback, according to the State Bank of Pakistan (SBP). In line with market expectations, the Monetary
ISLAMABAD: Prime Minister Shehbaz Sharif has approved the gradual elimination of meter readers in power Distribution Companies (Discos) across the country—excluding the KE service area—under a new system titled “Apna Meter Apni Reading” App, which is set to launch soon, sources informed Business Recorder. At present, meter readers capture images
KARACHI: The Pakistani rupee witnessed a slight depreciation against the US dollar, slipping by 0.03% in Thursday’s interbank trading session. By the close of trading, the rupee stood at 283.64 against the greenback, down by 9 paisas from the previous day’s closing rate of 283.55. On the global front, the
KARACHI: Pakistan’s total liquid foreign exchange reserves surpassed the $17 billion mark by the end of last week, according to the latest data from the State Bank of Pakistan (SBP). As of June 13, 2025, the country’s total reserves stood at $17.005 billion—an increase of $129 million from the previous
