Day: December 2, 2019
Stock market gains sharply on Moody’s positive rating
KARACHI: The stock exchange has registered significant gain of 837 points on Monday on upgrade of credit rating of Pakistan to stable from negative. The benchmark KSE-100 index of Pakistan […]
Rupee ends down by five paisas on import, corporate payments
KARACHI: The Pak Rupee ended down by five paisas against dollar on Monday owing to high demand for import and corporate payments. The rupee closed at Rs155.29 to the dollar […]
Moody’s changes Pakistan’s rating to stable from negative
SINGAPORE: Moody’s Investors Service on Monday affirmed Pakistan’s outlook rating to stable from negative. In a statement the Moody’s said that the change in outlook to stable is driven by […]
Limits of US Dollars taking out of Pakistan
KARACHI: State Bank of Pakistan (SBP) has categorized age limits for taking out of Pakistan US Dollars or equivalent amount of foreign exchange. According to updated foreign exchange manual the […]