BUSINESS
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Inflation rate soars 24.9% with highest pace in 14 years
KARACHI: The inflation rate in the country soared to 24.9% in July — the highest pace in 14 years —...
Dollar Gets Boost From Political Fear
KARACHI: Political uncertainty, widening current account deficit and dwindling reserves kept the rupee under pressure on Thursday, with a single...
Gold price hits all-time high with Rs150,000 per tola
KARACHI: Gold price hit an all-time high in Pakistan, surpassing Rs150,000 per tola for the first time partly due to...
Rupee drops to Rs232.93 against the US dollar
KARACHI: The downward journey of the rupee continued with the start of a new week, as it further dropped to...
US dollar jumps at Rs230.24 against rupee
KARACHI: The US dollar on Monday continued to jump against rupee in interbank as Pakistan continues to witness political instability...
Dollar punches rupee with Rs229
KARACHI: The value of the US dollar against the Pakistan rupee rose by another Rs2.19 to Rs229 in the interbank...
Pakistan likely to avoid default after IMF program, EIU report
WEB DESK Risk of Pakistan failing to meet its obligations will remain high over the next 3 years. Even as...
Italy becomes seventh billion-dollar export country for Pakistan
ISLAMABAD: Italy has become the seventh billion-dollar export country for Pakistan in the world during FY 2021-22 with a record...
Govt forms a task force to deal with interest-related issues
ISLAMABAD: After several political parties including Jamiat Ulema-e-Islam (JUI-F) mounted pressure, the government on Wednesday formed a task force to...
Dollar jumps to all-time high of Rs221
KARACHI: The rupee fell to an all-time low against the dollar for a second day in a row, reaching Rs221...
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