Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.
Karachi, December 6, 2024 – The Pakistani rupee slipped to PKR 278.01 against the US dollar on Friday, driven by increased dollar demand for imports and corporate payments ahead of the weekend, currency dealers reported.
(more…)
Karachi, December 6, 2024 – Conventional banks in Pakistan are preparing for a potential profit surge following the State Bank of Pakistan’s (SBP) upcoming changes to the profit calculation framework for savings accounts, set to take effect on January 1, 2025.
(more…)
Ripple (XRP) has demonstrated significant growth over the past year, with noticeable fluctuations during the last week. As of December 6, 2024, 1 XRP is valued at $2.31 USD, reflecting a 7-day increase of $0.40 (+20.94%).
(more…)
Dogecoin (DOGE) is poised for a significant price breakout as technical analysts point to bullish formations on the charts. Renowned cryptocurrency analyst Rekt Capital has highlighted an ascending triangle pattern on the DOGE/USD daily chart, signaling a potential surge. This development was reported by Binance and has sparked excitement within the crypto community.
(more…)Dogecoin is once again capturing attention, with market momentum hinting at a potential breakout to new highs. The popular meme coin has remained in a sideways trading range but may soon ignite a significant rally as optimism grows in the crypto space.
(more…)Karachi, December 5, 2024 – The Pakistani rupee experienced a slight decline on Thursday, dropping by two paisas to close at PKR 277.94 against the US dollar in the interbank foreign exchange market. The rupee had ended at PKR 277.92 against the dollar a day earlier, reflecting a marginal dip in its value.
(more…)
Ripple (XRP) has experienced a sharp downturn, surprising many investors given recent developments that appeared favorable for the cryptocurrency. While other digital assets rallied, XRP’s price has plunged, raising questions about its performance and future prospects.
(more…)
Bitcoin, the world’s leading cryptocurrency, has crossed the historic $100,000 mark for the first time, fueled by a significant rally throughout the year and bolstered by Donald Trump’s presidential victory.
(more…)Dogecoin, the popular meme-inspired cryptocurrency, has been making waves in the crypto market this November. Known for its volatility, Dogecoin (DOGE) has shown remarkable resilience, with its price surging significantly in recent weeks. As analysts predict the token could reach $1, investor excitement is mounting, particularly with Elon Musk’s upcoming address to Congress on December 5.
(more…)U.S. President-elect Donald Trump has selected Paul Atkins, a long-time advocate for cryptocurrency and financial innovation, as his nominee for Chairman of the Securities and Exchange Commission (SEC). Trump announced the nomination on Wednesday via Truth Social, expressing confidence in Atkins’ ability to lead the regulatory body.
(more…)