The PKR continued to lose its value for the fifth consecutive session on Friday, falling by Rs1.25 against the dollar in the interbank market. The local currency closed at Rs220.66 per dollar, having depreciated 0.57 per cent. Cumulatively, the local unit lost 6.01 against the greenback during the week ended August 26 as it depreciated in all five trading sessions. Analysts and experts have said that the rupee will continue to slide till the International Monetary Fund (IMF) disburses Pakistan’s $1.17 billion tranche in its executive board meeting on August 29.
Advisor to the Finance Minister Khurram Shahzad Friday announced that FBR has collaborated with the…
The weekly inflation, measured by the Sensitive Price Indicator (SPI), went up by 0.80 percent…
The price of 24 karat per tola gold decreased by Rs.800 and was sold at…
Pakistani rupee on Friday depreciated by 09 paisa against the US dollar in the interbank…
The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Friday,…
The ACT Alliance Pakistan welcomed the recent announcements by Federal Finance Minister Muhammad Aurangzeb and…
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