—File photo On behalf of the Ministry of Finance on the pending agreement between the International Monetary Fund (IMF) and Pakistan The reasons are revealed. Sources say that the Ministry of Finance believes that the reason for the delay is the international and political situation of Pakistan, Pakistan is facing unprecedented pressure like 1998. Sources…
—File photo In Interbank yesterday The US dollar has become marginally cheaper during the trading session today. 285 rupees became 50 paise after the dollar became cheaper by 12 paise in interbank. Yesterday, the dollar closed at 285 rupees 62 paise in the interbank. A positive business trend is being seen in Pakistan Stock Exchange…
File photo Requests for fuel price adjustment for April have been received by Nepra. K Electric has requested to increase the price of electricity by 49 paise per unit in the April fuel price adjustment. In the fuel price adjustment of April, it has been requested to increase the price of power of discos by…
File photo The Ministry of Economic Affairs released the external debt report during the first ten months of the current financial year. During the first 10 months of the current fiscal year, the external debt has decreased by 60.5 percent and this is due to the suspension of the IMF program. According to the Ministry…
According to the State Bank of Pakistan, domestic foreign exchange reserves have decreased by 52.9 million dollars. Domestic foreign exchange reserves stood at $9.93 billion as of May 12, State Bank’s reserves decreased by $7.15 million to $4.31 billion. The deposits of commercial banks stood at 5.62 billion dollars with an increase of 1.86 million…
Finance Minister Ishaq Dar has said that the government is well aware of the difficulties faced by the business community. A delegation of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) met Ishaq Dar at FBR. According to the statement of the Ministry of Finance, the delegation assured cooperation in the government’s efforts to…
New season sweet juicy mangoes will be shipped from Pakistan to countries from May 20. According to Waheed Ahmed, Patron General of Pakistan Fruit and Vegetable Exporters Association, 125 thousand tons of mango worth 100 million dollars will be exported this season. Mango exports from Pakistan are about 7% of the country’s production capacity of…
The price of gold per tola increased in the country today. According to All Pakistan Gems and Jewelers Association, the price of gold per tola has increased by Rs 500 to Rs 2 lakh 33 600. Similarly, the price of 10 grams of gold is Rs 2 lakh 274 with an increase of Rs 428….
—File photo The value of the US dollar has decreased slightly in interbank. The dollar has become 285 rupees after becoming cheaper by 40 paise in interbank. Yesterday, the dollar closed at 285 rupees 40 paise in the Interbank. Pakistan Stock Exchange is witnessing a negative business trend today. The 100 index of Pakistan Stock…
There was no change in the price of gold in the country today. The price of gold remains the same as the previous day. According to All Pakistan Gems and Jewelers Association, the price of gold per tola remains at Rs 2 lakh 33 thousand 100. Similarly, the price of 10 grams of gold remains…
