Photo: File According to the State Bank of Pakistan (SBP), foreign exchange reserves in the country have increased by 477 million dollars. According to the Central Bank, in the week ending on June 23, domestic foreign exchange reserves were 9 billion 34 million dollars till June 23. Reserves of State Bank increased by 533 million…
Preparation: A shocking case of a young man regaining his sight in Algeria has shocked everyone. According to Arab media reports, this incident took place in the state of Algeria when a blind young man was performing Maghrib prayer in Ahmed Qadri mosque on the second day of Eid. Ahmed Qadri was blind for two…
Islamabad: International credit rating agency Moody’s has issued a statement on the $3 billion agreement between Pakistan and the IMF. Moody’s says that the standby agreement with the IMF will slightly improve Pakistan’s financial capacity, but the IMF financing will pave the way for Pakistan to obtain funding. Moody’s says that it cannot be said…
Karachi: The government’s foreign exchange reserves increased by 53.3 million dollars during the last week. According to the State Bank of Pakistan, government reserves increased by $53.3 million during the past week. The increase was due to recovery of government commercial loans of $300 million. According to the Central Bank, on June 23, the total…
There is a possibility of an increase in the price of electricity up to 3 and a half rupees per unit, the increase in the basic tariff of electricity will be a lump sum or in a phased manner the final decision will be taken by the federal cabinet. An increase of one rupee per…
Photo: File The Pakistan Stock Exchange (PSX) 100 index rose to a daily record of 2446 points today. The standby agreement with the International Monetary Fund (IMF) has started showing positive effects on the economy. After the deal, the stark market saw a sharp rally at the start of the first trading day. The PSX…
Photo: File In the country today, the price of gold per tola dropped by Rs 8800. According to All Pakistan Gems and Jewelers Association, after this reduction, the price of gold per tola in the country became Rs 2 lakh 7 thousand 200. Similarly, the price of 10 grams of gold is Rs. 1 lakh…
Finance Minister Ishaq Dar—File photo Finance Minister Ishaq Dar has congratulated the people of Pakistan. In the statement released, Finance Minister Ishaq Dar says that Alhamdulillah Mubarak, according to the data of the Statistics Institute, the inflation has reached 29 percent. He has said that according to the Bureau of Statistics, the inflation rate has…
—File photo Global credit rating agency Moody’s says that the agreement with the International Monetary Fund (IMF) will stabilize Pakistan’s economy. Moody’s has said that Pakistan will have to make reforms for long-term stability, increase income, economic activity will be affected in the short term. Moody’s says that while high interest rates and inflation will…
File photo The price of chicken meat in Quetta has increased to Rs 900 per kg after an increase of Rs 100. Market sources say that the price of chicken and beef in Quetta has been increased by Rs 100 per kg. According to the sources, after the increase in prices, chicken meat is being…
