Tag: Business News

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USD: US dollar slide continues against PKR

In interbank trade, the US dollar (USD) fell further against the Pakistani rupee (PKR), closing at Rs297.96. dollar slide continues against PKR: In interbank trading,...

SBP keeps interest rate unchanged at 22%

The State Bank of Pakistan (SBP) chose to maintain the key policy rate at 22 percent. SBP keeps interest rate unchanged: Following a meeting of...

UBL to establish its own exchange company

United Bank Limited (UBL) has declared plans to start its own exchange company in Karachi. UBL establish exchange company: The Board of Directors (BoD) meeting...

OPEC says oil production increases slightly in August

The Organisation of the Petroleum Exporting Countries (OPEC), which has 13 members, stated in a report on Tuesday that oil production rose marginally in...

Sugar price goes down after countrywide crackdowns

The pricing and supply of sugar have been steadily returning to normal after the caretaker administration launched a comprehensive crackdown to prevent the smuggling...

Pakistan’s car sales jump 49% MoM in August

Data from the Pakistan Automotive Manufacturers Association (PAMA) indicated on Monday that car sales in Pakistan increased 49% month over month (MoM) in August...