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Rupee freefall continues as PKR slides to 240 in interbank

Rupee freefall continues as PKR slides to 240 in i...

The rupee’s losses continued on Thursday as the local currency dropped to a record low of Rs240.5 against the dollar in the interbank market. According to the Forex Associati...

  • Date: July 28, 2022
  • Author Name: Sumaira Burhan
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Petroleum levy set to rise on IMF demand

Petroleum levy set to rise on IMF demand

ISLAMABAD:Pakistan was ready to meet the remaining one prior condition of a further increase in the levy on all petroleum products that the International Monetary Fund (IMF) had ...

  • Date: July 28, 2022
  • Author Name: Sumaira Burhan
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PKR falls to new low of 237 against dollar in interbank

PKR falls to new low of 237 against dollar in inte...

The rupee continued to slide against the dollar on Wednesday, hitting another low of Rs237 in the interbank market. According to the Forex Association of Pakistan (FAP), the ...

  • Date: July 27, 2022
  • Author Name: Sumaira Burhan
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Water shortage in G-13

Water shortage in G-13

Islamabad: The residents of Sector G-13 have been irked by the water supply from the Federal Government Housing Authority (FGEHA) to the area, as they have to bear heavy expenses for...

  • Date: July 27, 2022
  • Author Name: Sumaira Burhan
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Plan to develop new parks in Islamabad

Plan to develop new parks in Islamabad

Islamabad: The Capital Development Authority (CDA) has planned to develop new parks with modern facilities in the ongoing fiscal year and will increase the number of parks up to 250 ...

  • Date: July 25, 2022
  • Author Name: Sumaira Burhan
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Housing projects come to twin cities.

Housing projects come to twin cities.

Islamabad: As a major boost to the federal government’s efforts to lure foreign direct investment (FDI) in the country, a project is being launched on a 100,000 square feet piece of ...

  • Date: July 25, 2022
  • Author Name: Sumaira Burhan
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Traders, industrialists demand SBP governor appointment, regulatory measures against commercial banks

Traders, industrialists demand SBP governor appoin...

Karachi: Industry and trade leaders have demanded the government immediately appoint a central bank governor, pen a charter of economy with the opposition, and carry out a forensic a...

  • Date: July 23, 2022
  • Author Name: Sumaira Burhan
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Pakistan's financing needs fully met for this year, says SBP chief

Pakistan's financing needs fully met for this year...

The statement comes just days after Dr Murtaza Syed, the acting governor of State Bank of Pakistan (SBP), had conveyed a similar position to Bloomberg, saying then that Pakistan rema...

  • Date: July 23, 2022
  • Author Name: Sumaira Burhan
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Pakistani rupee plunges to record-breaking low against US dollar

Pakistani rupee plunges to record-breaking low aga...

Dollar rises by Rs1.56, rupee hits 228.37 as political uncertainty continues in Pakistan The Pakistani rupee continued the downward trend against the US dollar, plunging to a...

  • Date: July 22, 2022
  • Author Name: Sumaira Burhan
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Civil Work Of Golra Morr Underpass To Start Soon

Civil Work Of Golra Morr Underpass To Start Soon

ISLAMABAD: Civil work on the underpass on Golra Morr Chowk to resolve the longstanding issue of direct access for sectors I-14, I-15 and I-16 to start soon. The procurement o...

  • Date: July 22, 2022
  • Author Name: Sumaira Burhan
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Pakistani rupee continues to be on slippery ground, hits new historic low of 224.92

Pakistani rupee continues to be on slippery ground...

KARACHI: There was no respite from the declining rupee trend on Wednesday as the currency dropped to a new all-time low of Rs224.92 against the US dollar in the interbank market due ...

  • Date: July 20, 2022
  • Author Name: Sumaira Burhan
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Security beefed up in Islamabad amid threat alerts

Security beefed up in Islamabad amid threat alerts

ISLAMABAD: In the wake of threat alerts, the Federal Capital Police have heightened the security in and around the capital. In this regard, extra forces, including police...

  • Date: July 20, 2022
  • Author Name: Sumaira Burhan
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'Political uncertainty' sees PKR hit new low, close at Rs215.2 in interbank

'Political uncertainty' sees PKR hit new low, clos...

The dollar continued its relentless upward march against the rupee on Monday with the greenback gaining Rs4.25 in interbank trade. According to the Forex Association of Pakis...

  • Date: July 18, 2022
  • Author Name: Sumaira Burhan
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Fares of PIA, Pakistan Railways reduced

Fares of PIA, Pakistan Railways reduced

Fares of PIA, Pakistan Railways reduced ISLAMABAD: Passengers of railways and airlines took a sigh of relief at the announcement to reduce fares by 10 per cent here on Saturd...

  • Date: July 18, 2022
  • Author Name: Sumaira Burhan
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Pakistan aims for 60% clean energy by 2030

Pakistan aims for 60% clean energy by 2030

Federal Minister for Planning and Development Ahsan Iqbal on Thursday stressed the need for honouring the pledges and commitments to investing $600 billion in clean energy. “We welco...

  • Date: July 16, 2022
  • Author Name: Sumaira Burhan
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