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Category: Economy

Mossadegh Malik announced in March that cheap oil would come to Pakistan from Russia
  • Business

Mossadegh Malik announced in March that cheap oil would come to Pakistan from Russia

PNP DeskJanuary 26, 2023September 9, 202401 mins

Minister of State for Petroleum Mossadegh Malik says that cheap oil will start arriving in Pakistan in March. He said that all commercial deals will be signed in March, LNG contract will be signed with Russia for next winter. He further said that trade with Russia can be done in the currency that we have…

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Miftah Ismail kept Ishaq Darko on target
  • Business

Miftah Ismail kept Ishaq Darko on target

PNP DeskJanuary 26, 2023September 9, 202406 mins

Former Finance Minister Miftah Ismail has said that Ishaq Dar has been making programs against me and has been making them through anchors as well. It cannot be said that Pakistan will not default. Distance from the IMF increased the risk of default. Addressing the discussion at IBA, Miftah Ismail said that after the IMF…

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4900 rupees increase in gold price per tola
  • Business

4900 rupees increase in gold price per tola

PNP DeskJanuary 26, 2023September 9, 202402 mins

Iconic photo The price of gold continues to soar, where even today the price of gold per tola in the country has increased significantly. According to All Pakistan Gems and Jewelers Association, the price of gold per tola increased by Rs 4900 today. After this increase, the price of gold per tola in the country…

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The economic situation of Pakistan is very critical at present, Chairman FBR
  • Business

The economic situation of Pakistan is very critical at present, Chairman FBR

PNP DeskJanuary 26, 2023September 9, 202403 mins

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…

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The dollar reached an all-time high against the Pakistani rupee
  • Business

The dollar reached an all-time high against the Pakistani rupee

PNP DeskJanuary 26, 2023September 9, 202401 mins

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…

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The reason why the dollar is expensive has come to light
  • Business

The reason why the dollar is expensive has come to light

PNP DeskJanuary 26, 2023September 9, 202403 mins

—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…

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The dollar increased by 24 rupees 11 paise to 255 rupees in interbank
  • Business

The dollar increased by 24 rupees 11 paise to 255 rupees in interbank

PNP DeskJanuary 26, 2023September 9, 202403 mins

—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…

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Big rise in gold price
  • Business

Big rise in gold price

PNP DeskJanuary 25, 2023September 9, 202401 mins

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…

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The PSX 100 index gained 729 points
  • Business

The PSX 100 index gained 729 points

PNP DeskJanuary 25, 2023September 9, 202402 mins

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….

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1300 per tola increase in gold price
  • Business

1300 per tola increase in gold price

PNP DeskJanuary 25, 2023September 9, 202402 mins

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…

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About PNP

Press Network of Pakistan (PNP), registered with the Government of Pakistan since January 2011, is an Islamabad-based global newswire service that takes pride about its unbiased news reporting both in English and Urdu languages.

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