This was stated by Federal Minister for Finance and Revenue, Dr. Miftah Ismail on Friday while speaking at Gong Ceremony at Pakistan Stock Exchange, which was also attended by PSX Chairperson, Dr. Shamshad Akhtar; Chairman of Securities and Exchange Commission of Paksitan, Aamir Kha, PSX Managing Director and CEO Farrukh H. Khan; PSX Board Members […]
Pak Rupee
Pakistani rupee strengthens against US dollar
KARACHI: The Pakistani rupee strengthened against the US dollar, closes at Rs 165.62 in the inter-bank market on Friday. According to the State Bank of Pakistan (SBP), the local currency appreciated around 0.11% to close at Rs165.62, after having closed at 165.81 on Thursday. It has traduced nearly 5% since June 2021. Pak-Kuwait Investment Company […]
Pakistani Rupee devaluates against US Dollar
Karachi: The Pakistani rupee on Tuesday has depreciated 15 paisas against the United States (US) dollar in the inter-bank currency market. State Bank of Pakistan (SBP) further stated that the local unit closed at Rs159.51 against the US dollar, registering depreciation of 15 paisas over the previous close of Rs159.36. The Pakistani rupee reached an […]
Rupee Drops Against Dollar for the 3rd Consecutive Day
The climb of the Pakistani Rupee against the US Dollar appears to have come to an end, as for the third continuous day, PKR declined within the trade rate against the USD. PKR exchanged over Rs. 160 against the USD for the primary time since November 02, 2020. From trading at Rs. 159.83 on November […]
PTI economic policies, a failure?
Pakistan is passing through toughest economic conditions of its history. Yet these conditions are not irreparable or irreversible. There is a light of hope on the other side of this darkest long tunnel. What we need is to be focused and to let the storm of repayments due this year be settled. These repayments are […]