KARACHI: Pakistani Rupee (PKR) crashed against the dollar for second straight day on Friday to make new low at PKR 262.60 at closing interbank foreign exchange market.
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Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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FBR shares asset declaration of civil servants with banks
ISLAMABAD: Federal Board of Revenue (FBR) has drafted rules to share information of asset declarations of civil servants with commercial banks.
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Rupee plunges to historical low against dollar; ends at PKR 255.43 in interbank
KARACHI: Pakistani Rupee (PKR) plunged to historical low against the dollar on Thursday as the exchange rate ended PKR 255.43 in the interbank foreign exchange market.
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Dollar starts free market trading, jumps to PKR 240 in intraday interbank
KARACHI: The US dollar is trading in free market and made record gain of Rs9.11 to trade at PKR 240 in intraday interbank foreign exchange market on Thursday.
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Pakistan may massively increase petroleum prices under IMF pressure
Pakistan may announce a massive increase in petroleum prices in order to meet the conditions set by the International Monetary Fund (IMF).
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Rupee falls sharply in intraday trading; dollar jumps to PKR 235.20
KARACHI: Pakistani Rupee (PKR) Thursday fell sharply against the dollar to trade at PKR 235.20 in intraday trading at interbank foreign exchange market.
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Tax notice placement on IRIS is not valid service: FTO
In a case, the Federal Tax Ombudsman (FTO) has observed that mere placement of notice on the IRIS does not constitute a valid service.
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Forex companies decide removing exchange rate cap after SBP suspends many outlets
KARACHI: Foreign exchange companies on Tuesday decided to remove cap on exchange rate, which was meant to control the dollar rate in open market.
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FPCCI warns black economy to boost on high interest rate
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has warned the government that industry will opt black economy as formal banking channels are out of reach due to high interest rate.
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No letup in rupee fall; dollar surges to PKR 230.40 in interbank
KARACHI: The Pakistani Rupee (PKR) continued its falling journey against the dollar on Tuesday and fell to PKR 230.40 in interbank foreign exchange market.
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