Karachi, December 13, 2024 – The Pakistani rupee recovered 11 paisas on Friday, closing at PKR 278.12 against the US dollar in the interbank foreign exchange market. This recovery follows a decline to PKR 278.23 a day earlier, marking the rupee’s third consecutive dip against the greenback.
(more…)Author: Faisal Shahnawaz
-
SBP Issues Foreign Exchange Rates for December 13, 2024
Today, December 13, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
(more…) -
IMC Temporarily Suspends Operations for Annual Maintenance
Karachi, December 13, 2024 – Indus Motor Company Limited (IMC) has announced a temporary shutdown of its production facility to conduct its annual maintenance activities. The announcement was made on Friday, with IMC informing the Pakistan Stock Exchange (PSX) about the scheduled maintenance at its manufacturing and assembly plant.
(more…) -
Can Ripple (XRP) Achieve Success in 2025?
The cryptocurrency market, renowned for its volatility, continues to intrigue and challenge investors. Ripple (XRP), a prominent digital asset, has faced significant headwinds recently, with a dip in market value sparking concerns among its community. As we cast an eye toward 2025, several factors will likely shape XRP’s trajectory, presenting both opportunities and challenges.
(more…) -
Former Jeep CEO Takes Over at Nissan from 2025
Nissan has appointed Christian Meunier, the former CEO of Jeep, as the new chairman for its Nissan and Infiniti brands in North and South America.
(more…) -
Dynamics of Cost Changes of Dogecoin (DOGE)
Dogecoin (DOGE) has experienced significant fluctuations in its value against the United States Dollar (USD) over the past year, reflecting the volatile nature of the cryptocurrency market. Here’s a detailed overview of its price dynamics on annual, monthly, and weekly bases.
(more…) -
SA vs PAK: South Africa, Pakistan Win Probability in 2nd T20I
The second T20I of the three-match series between South Africa and Pakistan is set to take place today, December 13, 2024, at SuperSport Park in Centurion, South Africa. With South Africa leading the series 1-0 after a thrilling opener, the pressure is on Pakistan to secure a victory and keep their series hopes alive.
(more…) -
GWM Expands UK Market with Haval Hybrid SUV Launch
Great Wall Motor (GWM), a leading Chinese automaker, is set to transform the UK automotive market by introducing its Haval brand in early 2025.
(more…) -
FBR Clarifies FED on Imported EV and HEV SUVs
Chairman of the Federal Board of Revenue (FBR), Rashid Mahmood Langrial, addressed the matter of Federal Excise Duty (FED) on imported electric vehicles (EVs) and hybrid electric vehicles (HEVs) during a briefing to the Senate Standing Committee on Finance and Revenue.
(more…) -
New Toyota Yaris Price in Pakistan for December 2024
The Toyota Yaris has received notable updates both inside and out, while retaining its hallmark reliability. Designed for urban living, this compact and nimble car effortlessly navigates crowded streets and tight parking spaces. It continues to be praised for its practicality, fuel economy, and dependable performance.
(more…)