Indian rupee sees worst day in a month tracking Chinese yuan; RBI eyed
The dollar index nudged higher, recovering from hitting seven-month lows earlier. Indian rupee sees worst day in a month tracking…
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Illegal channels: Pakistan’s remittances fall 19% to $2bn in Dec
Remittances decline 11% to $14.052 billion in first half of FY23. Illegal channels: Pakistan’s remittances fall 19% to $2bn in…
PSX cheers flood aid pledges worth billions
KSE-100 index rise by 296.75 points to settle at 40,801.51. PSX cheers flood aid pledges worth billions. Stocks on Tuesday…
Smuggling of US dollars to Afghanistan harming Pakistan’s economy: currency dealer
About $2bn goes to Afghanistan in form of official, unofficial trade. Smuggling of US dollars to Afghanistan harming Pakistan’s economy:…
S&P Global Ratings downgrades Pakistan’s credit score
Fitch and Moody’s have already ranked Pakistan’s bonds below investment grade. S&P Global Ratings has downgraded Pakistan’s credit score due…
How 2022 shocked, rocked and rolled global markets
World stocks down 20% in worst year since financial crisis. How 2022 shocked, rocked and rolled global markets. Trillions of…
Pakistan’s remittances drop 14% to $2.1bn in November
Receipts contract by 4.8% in Nov compared to Oct 2022. Pakistan’s remittances drop 14% to $2.1bn in November. Remittances sent…
Gold reaches historic high of Rs169,650 per tola
Silver price surpass key level of Rs1,900 per tola. Gold reaches historic high of Rs169,650 per tola. Gold price in…
Gold & silver peak to fresh all-time high in Pakistan
Gold price settles at an all-time high of Rs164,150 per tola. Gold & silver peak to fresh all-time high in…
SBP’s reserves fall by $134m to $7.8bn
SBP-held foreign exchange reserves fall 1.7%. SBP’s reserves fall by $134m to $7.8bn. Pakistan’s foreign exchange reserves held by the…