BUSINESS
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Rupee hits fresh low of 170.48 against US dollar
KARACHI: Pakistani currency hit a much-anticipated level of Rs170 against the US dollar in the interbank market on Wednesday. The...
KSE-100 index ends futures rollover week in red
KARACHI: In line with its performance during the week, the Pakistan Stock Exchange (PSX) on Friday lost over 200 points....
Paris Club extends Pakistan’s debt payment deadline
PARIS: The Paris Club of creditor countries said on Friday it was giving Pakistan another extension to service its debt...
Samsung to establish TV line-up plant in Pakistan: Razak Dawood
KARACHI: Samsung is all set to establish its TV line-up plant in Pakistan as the South Korean firm has entered...
ADB projects Pakistan’s GDP to rise by 4% in fiscal year 2022
ISLAMABAD: Pakistan’s economic growth rebounded to 3.9% in fiscal year 2020-2021 and is expected to reach 4% in fiscal year...
Rupee holds steady as investors await MPC announcement
KARACHI: The rupee steadied against the US dollar in the inter-bank market on Friday as traders looked to the State...
President Alvi promulgates new tax laws containing fresh penalties for non-filers
ISLAMABAD: President Arif Alvi has promulgated new tax laws, empowering the authorities to disconnect mobile phones/SIMS, electricity and gas connections of...
Rupee slumps to an all-time low of 168.9 against dollar
KARACHI: An 85-paisa decline in the inter-bank market due to external payments pressures dragged the rupee to a record low...
Rupee drops to lowest level since August 2020
KARACHI: The Pakistani rupee depreciated to Rs168.02 — the lowest level since August 2020 — against the US dollar owing...
Remittances jump 27% to $2.65 billion in August
KARACHI: The inflow of workers’ remittances into Pakistan increased by 27% — which is a decade-high growth rate for the...
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