Tag: Business News

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Rupee drops to 265.83 in the interbank market due to IMF concerns

KARACHI: Around 12:45 pm on Wednesday, the Pakistani rupee drops 1.65% (or Rs4.33) to Rs265.83 against the US dollar in the interbank market. The most...

Pakistan Govt unhappy as IMF shifts goalposts

Pakistan unhappy IMF: The administration has been putting on a brave face in its battle to convince the IMF to release crucial funding, but...

OGRA Increased LPG price by Rs12 per kg

KARACHI - The price of liquefied petroleum gas (LPG) was increased by Rs. 12 per kilogram on Tuesday by the Oil and Gas Regulatory...

Gold price Increase in Pakistan

Gold price in Pakistan: Tuesday saw a minor recovery from the losses of the previous day of Rs1,000 per tola, rising by Rs300 to...

The Pakistan-IMF Staff Level Agreement has been delayed

ISLAMABAD: The International Monetary Fund (IMF) and Pakistan staff-level agreement is delayed and is likely to be completed in March. Despite Islamabad satisfying the majority...

European stocks rebound after sinking on US rate hike fears

European stocks rebound on Monday after falling the previous week due to fresh concerns about more aggressive US interest rate increases, according to dealers. Midday...