KARACHI – The Pakistani Rupee exhibited significant strength in mid-day trading on Thursday, gaining 42 paisas against the US Dollar.
(more…)Author: Hamza Shahnawaz
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Rupee makes sharp gain of 22 paisas against dollar
KARACHI: The Pakistani Rupee (PKR) has experienced a sharp strengthening of 22 paisas against the US Dollar in early trade on Thursday.
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Equity market witnesses selling ahead of policy rate announcement
KARACHI: The equity market experienced a day of selling pressure on Wednesday, with the benchmark KSE-100 index closing at 40,607 points, marking a decline of 17 points from the previous day’s close of 40,624 points.
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Interbank market ends with rupee appreciation
KARACHI: The interbank foreign exchange market witnessed a positive shift on Wednesday as the Pakistani Rupee (PKR) gained 7 paisas against the US Dollar.
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FPCCI to move review petition in demolition of illegal constructions
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has announced its decision to file a review petition before the Supreme Court of Pakistan (SCP) concerning the demolition of illegal and unauthorized constructions in Karachi.
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NBP becomes settlement bank for Mobi Direct Payment System
KARACHI: National Bank of Pakistan (NBP) has signed an agreement to become settlement bank for Mobi Direct’s digital payment system.
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Rupee continues gain in early trade
KARACHI: The Pakistani Rupee (PKR) continued its upward trajectory against the US Dollar in early trading on Wednesday, strengthening by 11 paisas.
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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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