KARACHI: The Pakistani Rupee (PKR) continued its upward trajectory against the US Dollar in early trading on Wednesday, strengthening by 11 paisas.
(more…)Author: Hamza Shahnawaz
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KSE-100 gains 204 points amid selling pressure
KARACHI: The benchmark KSE-100 Index of Pakistan Stock Exchange (PSX) experienced a modest gain of 204 points on Tuesday, closing at 40,624 points, up from 40,420 points the previous day.
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Rupee strengthens by 10 paisas against dollar
KARACHI: The Pakistani Rupee saw a positive trend against the US Dollar on Tuesday, gaining 10 paisas in the interbank foreign exchange market.
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SBP stresses urgent need to initiate structural reform in economy
KARACHI: The State Bank of Pakistan (SBP) highlighted the critical need for immediate structural reforms in the country’s economy in its report on the State of Pakistan’s Economy for the first quarter of Fiscal Year 2018/2019, released on Tuesday.
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UBL surrenders New York Branch license
KARACHI: United Bank Limited (UBL) officially communicated to the Pakistan Stock Exchange (PSX) on Tuesday that it has surrendered its New York branch license to the New York State Department of Financial Services (NYDFS) on January 28, 2019.
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Rupee makes significant gain against dollar in early trade
KARACHI: The Pakistani Rupee exhibited noteworthy gains against the US Dollar in early trade on Tuesday, attributed to the shrinking current account deficit and increased foreign assistance inflows, according to market dealers.
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First meeting of reconstituted 9th NFC to be held on February 06
The eagerly anticipated first meeting of the reconstituted Ninth National Finance Commission (NFC) is scheduled to take place today, with discussions focusing on the current fiscal position of the country.
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Income tax returns, sales tax procedure to be simplified: Asad Umar
KARACHI: Finance Minister Asad Umar has expressed his resolve to simplify income tax return forms and sales tax procedure to facilitate business community.
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Equity market gains amid selling in banking sector
KARACHI: The equity market made gains on Monday amid selling was sent in shares of banking sector, analysts said.
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Rupee appreciates against US dollar
The Pakistani Rupee exhibited resilience in the interbank foreign exchange market on Monday, appreciating by another three paisas against the US Dollar.
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