Screen grab Chairman FBR Asim Ahmed says that the economic situation of Pakistan is very critical at the moment. Addressing the ceremony in Peshawar, Chairman FBR Asim Ahmed said that they will try to fill the tax gap in a short period of time and achieve the tax target. He said that we are facing…
A day after the Exchange Companies Association of Pakistan (ECAP) removed the fixed rate (cap) of the dollar in the open market, the value of the rupee has fallen in the interbank and open market. According to data from the Forex Association of Pakistan, the dollar is selling at Rs 255 after a record drop…
—File photo With the dollar flying high in the interbank market today, different banks started giving different rates for the dollar. Economists raised the veil due to the expensiveness of the dollar. According to experts, the rate of the dollar has been left to the market, that is why the dollar has become so expensive…
—File photo The flight of the US dollar continues, due to which the Pakistani rupee has not recovered yet. Since the opening of business this morning, the US dollar has suddenly started flying high and it is not stopping till now. The inter-bank rate of the dollar increased by Rs 24 11 paise to Rs…
An increase in the price of gold has been recorded in the gold market of Pakistan. Despite the decrease in the price of gold in the global market, the local gold traders increased the prices smartly. According to reports, the price of gold per ounce decreased by 13 dollars to reach the level of 1925…
Today was a positive day for business in the Pakistan Stock Exchange (PSX). 100 index closed at 39 thousand 784 with an increase of 729 points. 100 index remained in the band of 890 points during the business day. The turnover of 26.94 million shares in the stock market was settled at 10.57 billion rupees….
The price of gold has increased by Rs 1300 per tola in the country today. According to All Pakistan Gems and Jewelers Association, the price of gold per tola in the country is 190 thousand 600 rupees after an increase of 1300 rupees. Similarly, the value of 10 grams of gold has increased by Rs…
The value of the US dollar and the devaluation of the Pakistani rupee continue to increase. The dollar rose in early trading this morning. At the close of business, the dollar rose 49 paise to 230 rupees at 89 paise at the interbank. Yesterday, the dollar closed at 230 rupees 40 paise in the interbank….
File photo Chairman Exchange Companies Association Malik Bustan says that the cap was imposed so that the rate of the dollar does not increase, but putting a cap on the dollar backfired. Speaking in Geo News’ program “Aaj Shahzeb Khanzada Saath”, Chairman Exchange Companies Association Malik Bustan said that it has been decided to remove…
Chairman Exchange Companies Association Malik Bustan has said that a black market was created due to the cap on the dollar. In a statement, Malik Bustan said that the exchange companies have removed the dollar cap of the open market. He said that the black market was giving a good return of the dollar, the…
