Business

KSE-100 index closes at 41,211.70 points with a rise of 0.20%.Uptrend fuelled by continuous appreciation of rupee against dollar.Shares of…

Rupee gains 1.16 against greenback in interbank market.Local currency closes at Rs227.29 against greenback.Economists agree rupee will extend its rise…

Sterling tumbles to record trough as traders scamper for exits.Pound’s drop helps dollar to new two-decade peak against major peers.Sterling…

Pakistan rupee closes at 237.02 after gaining 2.63.Local unit gains after successive losses last week.Increase comes after announcement of Ishaq…

Rupee has lost over 8.27% in last twelve sessions.Local unit closes at 237.91 in interbank market.Analysts believe rupee is unlikely to…

Massive devastation caused by floods worsens country’s economic crisis.Rupee loses Rs1.64 against the US dollar in interbank market.Rupee likely to…

UK recorded its biggest fall in output in more than 300 years in 2020.Gross domestic product fell by 11.0% in…

SBP hints at tightening policy rate in next meeting scheduled to be held on October 10.Central bank had cumulatively increased…

Gold price settles at Rs134,200 per tola.Price has declined by Rs9,300 per tola since August 10.Gold is cheaper by Rs7,500…

China’s July refinery output lowest since March 2020, data shows.Stronger US dollar and low liquidity pressure prices.Iran is expected to…