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Rupee appreciates against dollar in interbank
KARACHI: Rupee continued upward momentum as domestic unit gained 66 paisa against dollar in interbank market on Friday. Dollar was being traded at Rs 284.25 at 11:05am. dollar...
SBP-held forex reserves fall $170m, stand at $4.04bn
Karachi: Foreign exchange reserves held by State Bank of Pakistan (SBP) decreased $ 170 million, clocking in at $ 4.04 billion as of April 7, data released showed. Overall num...
Business community advised to explore avenues of trade cooperation with Tajikistan
KARACHI: Pakistan Ambassador designated to Tajikistan Muhammad Saeed Sarwar said that Tajikistan holds huge potential for fast moving consumer goods (FMCGs), pharmaceutical pr...
HCAR, PSMC extend plant shutdowns amid import restrictions
KARACHI: Honda Atlas Cars (Pakistan) Limited (HCAR) said it is extending plant shutdown plant until April 30 amid restrictions on imports. Automaker has been observing shut do...
Rupee gains strength versus dollar
Karachi: Rupee maintained its upward trajectory against dollar, appreciating 0.6 percent in inter-bank market. According to State Bank of Pakistan (SBP), domestic unit settled...
KSE-100 index closes to 79pts
Karachi: Pakistan Stock Exchange (PSX) KSE-100 index saw mixed session and KSE-100 Index rose in first half before profit-taking eroded most of intra-day gains. By end of sess...
Auto sales record 98pc growth in March 2023
KARACHI: Despite high car prices, Pakistan’s auto sector recorded growth of 98 percent to about 7,201 units (passenger cars) in March compared with 3,642 units sold in p...
Rupee recovers value against dollar, settles at 286.62
Karachi: A day after plunging to all-time lows, rupee recovered some ground against dollar, appreciating 0.63 percent in inter-bank market. According to State Bank of Pakistan...
KSE-100 gains 321pts amid financing from ‘friendly country’
Karachi: Pakistan Stock Exchange (PSX) KSE-100 index witnessed bullish session and benchmark KSE-100 index crossed 40,000 level once again after reports that UAE will confirm...
PMIC, Qarar partner to develop credit scoring model
Karachi: To ensure financial inclusion and strengthen microfinance sector, Pakistan Microfinance Investment Company (PMIC) and Qarar Consultancy (Qarar) will roll out credit s...
