Salman Abduhu

  • TISLAMABAD/LAHORE - A parliamentary committee on Wednesday took notice of sharp rupee depreciation against US dollar in last few days and summoned top officials of Ministry of Finance and State Bank of Pakistan next week to explain the reason of Pakistani currency’s fall. The rupee has ...

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  • TLAHORE - Dollar at inter-bank and open markets Tuesday reached all-time high level as Pakistani rupee dipped sharply against the dollar. The greenback touched the intra-day high of Rs111.25 in the interbank market, however it closed at Rs110.38. Dollar was sold at Rs111 in open market. Dealers said ...

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  • TLahore -  The rupee drifted lower by 2.6 percent versus dollar in the interbank market on Friday, declining by Rs5 in a single day to Rs110.5, with no major change in the open market mainly due to pressure of payments on the external account, the dealers said. They said the rupee-US dollar ...

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  • TLAHORE - The Pakistan Sugar Mills Association Punjab Zone has asked the Punjab government to allow Rs.9.30 per kg export rebate as has been announced by Sindh government for sugar mills of Sind, saying otherwise Punjab mills will suffer huge losses. The industry sources said that mills have a ...

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  • TLAHORE - The opposition group of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has failed to complete its panel and field all candidates for the 13 slots in the upcoming elections of Federation of Pakistan Chamber of Commerce and Industry for 2018, as only six candidates were ...

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  • TLAHORE - Businesses in almost all major cities of Punjab, including the provincial capital, remained closed on Monday due to fear of violence amid protests against changes to the declaration of finality of prophethood. As a result, businesses suffered an estimated loss of Rs40 billion on Monday ...

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  • TLAHORE - The Sui Northern Gas Pipe Lines Limited has completed gas pipeline project worth Rs55 billion from Karachi to Lahore while second LNG terminal is almost ready for the supply of another 650mmcfd gas to bridge the gap of demand and supply in the system. This was stated by SNGPL managing ...

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  • TISLAMABAD/lahore -  Pakistan is all set to generate up to $3 billion by issuing euro and sukuk Bonds in international debt market, as road shows for introducing bonds will start in United Arab of Emirates (UAE), Europe and United States from today (Wednesday). The federal cabinet in early ...

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  • TLAHORE - Pakistan can capture India’s $260 million rice business with the European Union following the EU’s zero tolerance on Tricyclazole chemical found in Indian grains. Rice Exporters Association of Pakistan Chairman Chaudhry Samee Ullah said that Pakistan can target India’s ...

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