PkRevenue.com – On Friday, Pakistan stocks experienced a dramatic surge, with the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) leaping by 1,000 points, driven by positive investor sentiment linked to a significant drop in inflation.
(more…)Author: Faisal Shahnawaz
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FBR Issues Urgent Directives to IR Offices on Tax Collection
PkRevenue.com – In an urgent move, the Federal Board of Revenue (FBR) has directed Inland Revenue offices to observe extended working hours today, Friday, May 31, 2024, to bolster revenue collection efforts.
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Pakistan Rupee Recovers 17 Paisas Against Dollar
PkRevenue.com – On Friday, the Pakistani Rupee gained 17 paisas against the US dollar, reflecting positive market sentiment amid improving economic indicators reported by the finance ministry.
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West Indies Triumph Over Australia in Thrilling Warm-Up Match
In an electrifying warm-up for the ICC Men’s T20 World Cup, the West Indies overpowered Australia by 35 runs in a high-scoring encounter. Nicholas Pooran’s explosive 75 off 25 balls highlighted the Windies’ impressive total of 257/4, supported by a rapid half-century from captain Rovman Powell.
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T20 World Cup 2024 Schedule in Pakistan Standard Time
The ICC Men’s T20 World Cup 2024 is set to be an extraordinary event, marking a significant milestone in cricket history as it will be co-hosted by the United States and the West Indies.
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SBP Issues Foreign Exchange Rates as of May 31, 2024
Today, May 31, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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PM Shehbaz Calls for Local Manufacturing of Vehicles
PkRevenue.com – Prime Minister Shehbaz Sharif on Friday called on the automobile industry to initiate local manufacturing of vehicles and to export a significant portion of their products, contributing to national development and economic growth.
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May Headline Inflation Expected to Contract Sharply to 12.9%
PkRevenue.com – Headline inflation in Pakistan is projected to continue its downward trajectory, with the Consumer Price Index (CPI) for May 2024 estimated at 12.9%, a significant drop from 17.3% in April 2024 and a dramatic decline from 38.0% in the same period last year, according to analysts at Insight Securities (Pvt) Ltd.
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Bitcoin BTC Rates in USD and PKR on May 31, 2024
On May 31, 2024, the latest exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Ripple XRP Rates in USD and PKR on May 31, 2024
On May 31, 2024 the latest exchange rates of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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