Karachi: The official foreign exchange reserves have decreased by 10.20 million dollars during the last week. According to the State Bank, the government’s foreign exchange reserves reached the level of 4.97 billion dollars after a decrease of 10.20 million dollars last week. According to the Central Bank, the deposits of commercial banks reached the level…
Iconic photo The All Pakistan Cement Manufacturers Association (APCMA) has reported that cement consumption increased during May. In a statement issued by the association, it was said that cement consumption has increased by 19.4 percent in May. The sale of cement in May was 3.966 thousand metric tons. The announcement said that domestic consumption of…
The State Bank of Pakistan (SBP) says that domestic foreign exchange reserves decreased by 218.1 million dollars. According to the central bank, foreign exchange reserves stood at $9.51 billion as of the business week ended May 26. Reserves of the State Bank decreased by 102.3 million dollars to 4.9 billion dollars. Similarly, the deposits of…
Various items became expensive at utility stores. New rates have been issued in this regard. According to the new price issued by Islamabad, the price of 500 grams of honey has increased to Rs 101 at utility stores. The price of one kg of chicken spread has increased to Rs 190. A kilo of mayonnaise…
The Pakistan Stock Exchange (PSX) had a mixed day of business today, with the 100 index down 63 points. The PSX benchmark 100 index closed at 41,266 points at the close of trade following this decline. The index remained in a band of 254 points during the business day. 99.9 million shares were traded in…
Karachi: A significant drop in the dollar’s open rate had a positive impact on local gold prices on Thursday as well, despite the international bullion market gaining $7 per ounce to reach the 1967 dollar level. Seen The prices of gold per tola and ten grams fell by Rs 5400 and Rs 4629 respectively. In…
News Desk: Bollywood’s famous dancer and actress Noora Fatihi expressed her desire to work in the biographical film of heroine Helen of the past blockbuster ‘Sholay’. Nora Fatihi is a huge admirer of the famous dancer and actress Helen of yesteryear and recently performed and paid tribute to Helen’s famous songs ‘Aaj Ki Raat’ and…
Karachi: For the convenience of the public, the federal government has extended the date till June 30, 2023 by providing another opportunity to exchange/cash prize bonds worth Rs.7,500, Rs.15,000, Rs.25,000 and Rs.40,000. . Earlier, the government had fixed the date of June 30, 2022 for cashing these prize bonds, however, the date has been extended…
Photo: File Today, the price of gold per tola in the country has decreased by 5 thousand 400 rupees. According to the All Pakistan Gems and Jewelers Association, after this decrease, the price of gold per tola in the country became 2 lakh 29 thousand rupees. Similarly, the price of 10 grams of gold is…
Chairman Exchange Companies Association Malik Bustan—file photo Chairman Exchange Companies Association Malik Bustan says that, God willing, the dollar rate will fall further, I congratulate Finance Minister Ishaq Dar and Governor State Bank for their timely decisions. Talking to the media, he said that commercial banks were buying dollars for credit cards from the open…
