Global rating agency Fitch has upgraded Pakistan’s rating to triple C following an agreement with the International Monetary Fund (IMF). The improvement in Pakistan’s rating is due to the smooth access to funding for Pakistan due to the IMF agreement. On the other hand, the economic analyst says that more rating agencies will upgrade Pakistan’s…
A further increase in the value of the dollar by Rs 1.86 Karachi: The dollar continues to fly in the interbank and open market, in the interbank market, the dollar has become expensive by 1 rupee 91 paise and in the open market, one rupee has become expensive. According to Express News, due to the…
Photo: File The price of gold per tola has increased by Rs 800 in the country today. According to All Pakistan Gems and Jewelers Association, after this increase, the price of gold per tola in the country has increased to 2 lakh 9 thousand rupees. Similarly, 10 grams of gold is 1 lakh 79 thousand…
Photo: File Pakistan Stock Exchange (PSX) had a positive day of business today where the 100 index gained 337 points. The PSX benchmark 100 index closed at 44,585 points at the close of business after this increase. 100 index remained in a band of 341 points during the business day. Today, 44 crore shares were…
File photo In Quetta, the price of sugar per kg has increased by Rs The increase in the price of flour could not be reversed. The price of sugar per kg in Quetta increased from 135 to 140 rupees. According to market sources, sugar is also being sold at Rs 145 per kg in the…
—File photo State Bank of Pakistan has released a report regarding remittances. According to the statement of the Central Bank, Pakistanis living abroad sent 2 billion 184 million dollars to Pakistan in June 2023, worker remittances in June were 4 percent more than in May. In the statement of the State Bank, it has been…
—File photo Electricity has been increased by Rs 1 24 paise per unit as part of the quarterly adjustment. The National Electric Power Regulatory Authority (NEPRA) has issued a notification for the quarterly adjustment of electricity price. According to Nepra’s notification, the hike will be applicable on July, August and September bills. In the notification,…
—File photo Today, the dollar has increased its value in the interbank at the beginning of the business week. The dollar became 278 rupees after becoming more expensive by 10 paise in interbank. The dollar closed at 277 rupees 90 paise on the last business day of last week. A positive trend is being seen…
Damascus: The Syrian government has revoked the permits of two local correspondents working for the British broadcaster BBC. Syria’s Ministry of Information issued a statement saying that the permits of two local correspondents working for the BBC had been revoked because they broadcast false and politicized news. The ministry said a BBC correspondent and a…
Photo: Express Karachi: Former international boxer and former national champion Dar Muhammad Baloch passed away at the age of 40. Dar Muhammad Baloch, a former international boxer who represented the KPT and Pakistan Navy, was a resident of Lyari and associated with the Merchant Navy. He suffered a heart attack on board the ship in…
