Equity market witnesses 8th halt; crashes by 1396 points
KARACHI: The equity market crashed again on Wednesday and lost 1396 points after witnessing eighth lower lock in this month.
KARACHI: The equity market crashed again on Wednesday and lost 1396 points after witnessing eighth lower lock in this month.
KARACHI: The interbank foreign exchange market ended at Rs161.60 to the dollar on Wednesday falling by Rs2.60 paisas from previous day’s closing, according to closing rate of State Bank of Pakistan (SBP).
KARACHI: Business community has welcomed the relief package of around Rs1.2 trillion announced by Prime Minister Imran Khan to ward off the negative impact of coronavirus.
KARACHI: The Pak Rupee massively depreciated by Rs3 in intraday trading after significant outflows of hot money, market sources said.
KARACHI: Pak-Qatar Family Takaful has announced appointment of Azeem Iqbal Pirani as its new Chief Executive Officer (CEO) effective March of 2020.
ISLAMABAD: Pakistan has imposed ban on export of surgical masks and hand sanitizers owing to mass spread of coronavirus.
KARACHI: Federal Board of Revenue (FBR) has advised taxpayers to pay duty and taxes through alternate delivery channels (ADC) during restricted movement in the wake of coronavirus pandemic.
KARACHI: State Bank of Pakistan (SBP) has allowed import of medical equipment for treatment of coronavirus against 100 percent advance payment and open account.
KARACHI: Karachi Tax Bar Association (KTBA) on Tuesday urged Federal Board of Revenue (FBR) to grant general adjournment for cases as taxpayers may not appear due to lockdown.
KARACHI: The State Bank of Pakistan (SBP) on Tuesday announced reduction of 150 basis points in key policy rate to bring it at 11 percent.