Pakistan rupee likely to fall further against dirham after IMF loan...

Pakistani rupee is expected to depreciate by another 20 per cent of its value in next three years under a free-float exchange rate mechanism...

CNG price up by Rs3 per liter after rupee depreciation

The value of the US dollar against the rupee touched an all-time high of Rs151 on Friday which caused great inflation in CNG price...

No ambiguity in tax amnesty scheme: Shabbar Zaidi

Chairman of the Federal Board of Revenue (FBR) Syed Shabbar Zaidi said that they would welcome suggestion by business community and there should be...

KSE-100 Index dropped 2.4pc to close down for a seventh straight...

Pakistan Stock Exchange (PSX) KSE-100 index continued to fall for a seventh straight week, in what is reported as the worst week in 30...

Dollar gains Rs7.30 against rupee within a week in open market

The value of the US dollar against the rupee touched an all-time high of Rs151 on Friday by recording an increase of Rs7.30 in...

Hafeez Sheikh reaches out to brokers amid turmoil

KARACHI: Aftershocks from Thursday’s exchange rate drop continued to cascade through the financial markets on Friday as the rupee saw further decline in both the...

Rupee depreciates to all-time low of Rs151 against dollar in open...

The value of the US dollar against the rupee touched another all-time high for the third consecutive day, reaching approximately Rs151 after gaining Rs4...

Black money invested in immovable properties allowed whitening at just 1.5...

KARACHI: The government has allowed whitening of money investment in immovable properties at nominal income tax rate of 1.5 percent on declaration made by...

Foreign exchange reserves decline by $78 million to $15.89 billion

KARACHI: The foreign exchange reserves of the country decreased by $78 million to $15.894 billion by week ended May 10 owing to foreign debt...

SBP launches SMS service for issuance fresh currency notes for Eid-ul-Fitr

KARACHI: State Bank of Pakistan (SBP) has launched SMS service for issuance of fresh currency notes to the general public for the celebration of...

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