Petrol price likely to rise from Feb 1
Prices to rise further in next fortnight review due on Feb 15. Petrol price likely to rise from Feb 1….
Dollar
Read More
Miftah Ismail says dollar cap caused $3bn loss
Would have been better if 9th review was passed in Oct, says Miftah. Miftah Ismail says dollar cap caused $3bn…
Rupee takes a hammering, falls to historic low of 255 against dollar in interbank
Dollar down over Rs24.11 in interbank and more than Rs12 in open market. Rupee takes a hammering, falls to historic…
PM Shehbaz & Asif Zardari ‘agree’ on taking tough decisions to revive economy
The PML-N government plans to slap a 1%-3% flood levy on imports to fetch Rs100 billion. PM Shehbaz & Asif…
Rupee falls in open market after exchange cap removal
Dollar closes at 243 in open market. Interbank sees meagre change. Rupee falls in open market after exchange cap removal….
Exchange companies remove dollar cap to dent grey market
Dollar expected to trade between 254-257. Exchange companies remove dollar cap to dent grey market. In a major decision, the…
Govt raises Naya Pakistan Certificate’s markup rates for foreign investments
Rate of return is now 7% for 3-month investments of $1,000. Govt raises Naya Pakistan Certificate’s markup rates for foreign…
Pakistan expects dollar inflows from ‘next week’
Governor says SBP to release report on banks’ involvement in exchange rate manipulation on Monday. Pakistan expects dollar inflows from…
PSX plunges over 1,378 points to hit 2.5-year low as politics weighs
The delay in the revival of IMF loan programme & ongoing political uncertainty in the country caused the bloodbath in…
Forex firms advise govt to fix higher dollar rate to boost remittances
ECAP believes the move will place curbs on illegal channels. Forex firms advise govt to fix higher dollar rate to…