Karachi, October 15, 2023 – The Pakistani Rupee (PKR) is poised to extend its recent gains against the US dollar in the upcoming week starting October 16, 2023.
(more…)Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
-
Pakistan Prepares to Announce Petroleum Prices Amid Global Tensions
Islamabad, October 15, 2023 – Pakistan is on the brink of announcing new petroleum prices for the second half of October 2023, a move influenced by the recent uptick in global oil prices.
(more…) -
Prime Minister Kakar to Attend Belt and Road Forum in China
Islamabad, October 14, 2023 – Caretaker Prime Minister Anwaar-ul-Haq Kakar is set to embark on a visit to China to participate in the Third Belt and Road Forum for International Cooperation, a significant international gathering that begins in Beijing on Tuesday.
(more…) -
Dollar Weakens for 27th Straight Session in Pakistan to End at PKR 277.62
Karachi, October 13, 2023 – The US dollar continued its downward spiral, weakening for the 27th consecutive session against the Pakistani Rupee (PKR) and concluding at PKR 277.62 on Friday in the interbank foreign exchange market.
(more…) -
Pakistan Adopts Policies to Address Macroeconomic Imbalances: State Bank
Karachi, October 13, 2023 – Pakistan recent policy mix has been strategically designed to target macroeconomic imbalances and achieve economic stabilization.
(more…) -
Rising Inflation Persists in Pakistan Despite Petroleum Price Cuts
October 2023 Sees Second Consecutive Week of Inflationary Trends
Karachi, October 13, 2023 – Pakistan has experienced a continued surge in inflation for the second consecutive week of October 2023, despite a significant reduction in petroleum prices during the first half of the month.
(more…) -
FTO Directs FBR to Assess Real Values of Immovable Properties in Posh Areas
Islamabad, October 13, 2023 – The Federal Tax Ombudsman (FTO) has issued a directive to the Federal Board of Revenue (FBR) aimed at rectifying valuation deficiencies and inconsistencies in the assessment of immovable properties, particularly in affluent areas.
(more…) -
Pakistan Cracks Down on Illegal Issuance of SIMs to Afghan Nationals
Islamabad, October 12, 2023 – Pakistan has taken decisive action against the illegal issuance of mobile phone SIM cards to Afghan nationals.
(more…) -
Pakistani Rupee Achieves 26-Session Winning Streak, Ends at PKR 278.58 Against the Dollar
Karachi, October 12, 2023 – The Pakistani Rupee (PKR) marked a historic milestone by concluding a 26-session winning streak against the US dollar, showcasing an exceptional recovery.
(more…) -
National Savings Surpasses Rs 420 Billion Target in Fresh Bonds
Islamabad, October 12, 2023 – The Central Directorate of National Savings (CDNS) has achieved its target of Rs 420 billion in fresh bonds for the current fiscal year, covering the period from July 1 to October 10, 2023.
(more…)