Finance
PM Shehbaz Sharif Calls for Implementing Nationwide Solarization
According to prime minister, Shehbaz Sharif, the nationwide solarization initiative will prevent spending vital foreign currency on imported fuel. He...
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Annual inflation spiked to a decades-high level of 27.55 per cent in January
Annual inflation surged to a decades-high level of 27.55 percent in January, up from 24.5 percent in December, as the...
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Rupee gains further ground against dollar in interbank market
The Pakistani rupee on Thursday gained further ground against the dollar, a day after taking a breather following the progress...
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Pakistan braces for fuel shortages amid liquidity crisis
According to traders and industry insiders, Pakistan may experience a shortage of fuel in February as banks have ceased funding...
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Rupee ends losing streak, recovers by Rs4.43 against dollar as IMF mission lands in Pakistan
After a significant fall during the previous week, the Pakistani rupee finally snapped its losing skid against the US dollar...
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Shares at the Pakistan Stock Exchange recover on hopes of IMF program revival
As a delegation from the International Monetary Fund (IMF) arrived in Pakistan to negotiate the restart of the loan program...
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Rupee continues to sustain losses against US dollar
The Pakistani rupee lost 1.02% during the trading session on Monday as it kept losing ground versus the US dollar...
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Currency dealers remove artificial exchange rate control to end black marketing of dollar
Tuesday saw the removal by Pakistan's currency traders of a self-imposed cap of Rs255 on open market exchange rates, opening...
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Intra-day update: rupee continues to weaken against US dollar
The Pakistani rupee depreciated by 0.03% against the US dollar during Tuesday's trading session on the interbank market. The rupee...
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Annual net forex savings could reach $1bn if domestic refineries operate at full capacity in Pakistan
Pakistan was one of the oil-importing nations that experienced hardship in 2022 as a result of rising commodity prices. Consumers...
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