Report:A latest report shows that the global economy will face a wide range of problems and chances in 2024, depending on where it is located. United States:This year, the report says, the US economy is not likely to grow quickly. A weaker job market and less spending by consumers are the main reasons. Experts think […]
ISLAMABAD: Following a more than four-year break, Defense Minister Khawaja Asif said that Pakistan International Airlines (PIA) will resume flights to Europe. This was a major milestone for the national airline. “The green flag has once again started flying in the skies of Europe,” Khawaja Asif said at a ceremony, expressing delight in PIA’s return […]
Karachi: The US Dollar’s ascent to PKR 280.25 on January 10, 2025, is indicative of the ongoing global currency dynamics and local economic conditions, as evidenced by the significant fluctuations in Pakistan’s open market forex rates. The US dollar’s purchasing and selling rates were recorded at PKR 278.75 and PKR 280.25, respectively, representing a modest […]
As of January 9, 2025, the most recent changes to Pakistan’s open market forex rates show big changes in the major currencies. The US dollar can be bought for PKR 278.75 and sold for PKR 280.25. The UK Pound Sterling, on the other hand, can be bought for PKR 348.50 and sold for PKR 352.00. […]
Islamabad: Ataullah Tarar, the Federal Minister for Information, has called for peaceful protests and said that the violent ones on November 26 and May 9 were wrong. When talking to the media, the minister said that he wished the protests had been marked by calm words like “oo-woo” instead of violent words like “gherao” and […]
Karachi: As the likelihood of a decrease in US interest rates diminished, gold prices in Pakistan continued to increase. On Wednesday, the price of gold increased by Rs 1,300 per tola, reaching Rs 278,300, as reported by the All Pakistan Gems and Jewellers Association. Similarly, the rate for 10 grammes of gold increased by Rs […]
Karachi: The Pakistan Stock Exchange (PSX) extended its losing streak for the fourth consecutive day, with the benchmark 100 Index plummeting by 1,510 points on Wednesday. The market went down a lot when the index closed at 112,638 points. In the last four days, the PSX has lost more than 4,900 points, which is a […]
Karachi: Prime Minister Shehbaz Sharif announced a reward for eliminating the 400 billion rupee gap in tax revenues while speaking at the inauguration of the Fee-less Customs Assessment System at the Karachi Port. He revealed that there is a 400 billion rupee gap between the tax revenue and the target, and the gap would be […]
Lahore: The Pakistan Cricket Board (PCB) has confirmed that preparations for the ICC Champions Trophy 2025 are advancing smoothly, with significant upgrades nearly complete at Gaddafi Stadium in Lahore and National Bank Stadium in Karachi. These enhancements are set to ensure both venues are fully ready to host matches for the prestigious tournament, with the […]
Karachi: The foreign exchange rates on the open market in Pakistan, as of the most recent update on January 8, 2025, exhibit a mixed trend in comparison to the major currencies of the world. The US dollar dominated with a purchasing rate of Rs 278.75 and a selling rate of Rs 280.25, indicating currency stability. […]
