Rupee plunges to Rs195 in open market

ISLAMABAD - Exchange rate of Pak rupee weakened by Rs 1.66 against the US dollar in the interbank trading on Monday and closed at Rs194.18 against the previous day’s closing of Rs 192.52. According to the Forex Association of Pakistan…

PSX loses 819 points

ISLAMABAD - The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, losing 819.14 points, with a negative change of 1.88 percent, closing at 42,667.32 points against 43,486.46 points on the last working…

Salik Hussain visits Board of Investment

ISLAMABAD - Chaudhry Salik Hussain has visited Board of Investment after assuming charge as the Federal Minister for Board of Investment. The minister was given a warm welcome by Secretary BOI Ms Fareena Mazhar and other senior officers of…

‘Charter of Economy’ need of hour: LCCI chief

LAHORE - Critical economic state-of-affairs demands a collective and instrumental approach from the political parties as the ongoing political scenario is pushing the economic affairs towards no point of return. These views were…

Inflation in Pakistan

Inflation rate has risen in Pakistan since the beginning in late 2003. After the 1998-99, inflation was reduced to less than 5 percent in 2000 and remained. It remained stable until 2003. Strong monetary policy combined with fiscal…

PSX plunges 800 points to close at 42,667 points

The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, losing 819.14 points, with a negative change of 1.88 percent, closing at 42,667.32 points against 43,486.46 points on the last working day. A total…

Gold prices increase Rs 300 to Rs 136,600 per tola

The price of 24 karat per tola gold witnessed an increase of Rs 300 and was sold at Rs 136,600 on Monday against its sale at Rs135,900 in the local market. The price of 10 gram 24 karat gold also increased by Rs 600 and was sold at Rs…

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