*KARACHI: Amid uncertainty over a deal with IMF and the announcement of monetary policy, the Pakistan Stock Exchange (PSX) on Monday shed 683 points, depicting a lack of confidence from investors in the market. * The KSE-100 index fell below the 43,000 mark today after it shed 683 points and ...

*KARACHI: The rupee’s downward trend against the US dollar in the interbank market continued on Monday as the greenback gained Rs0.61 in intraday trading. * According to the Forex Association of Pakistan (FAP), the US dollar gained Rs0.61 in the interbank market and climbed to Rs200.75 around ...

*KARACHI: The rupee’s downward trajectory against the US dollar in the interbank market continued on Friday as the greenback gained Rs0.40 in intraday trading. * According to the Forex Association of Pakistan (FAP), the US dollar gained Rs0.40 in the interbank market from the previous day’s ...

*KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves fell by US$145 million in a week, data released by the central bank showed on Friday.* On May 13, the foreign currency reserves held by the SBP were recorded at $10,163.6 million, down $145 million compared with $10,308.7 ...

*KARACHI: The Pakistani rupee slumped to a new historic low against US dollar in the interbank market on Thursday as the greenback gained Rs1.61 in intraday trading to reach an all-time high of Rs200. * According to the Forex Association of Pakistan (FAP), the US gained Rs1.61 in the interbank ...

*KARACHI: The US dollar continued its rising streak against the rupee on Wednesday as the greenback reached an all-time high of Rs200 in the open market. * According to the Forex Association of Pakistan (FAP), the greenback gained Rs1.68 in the interbank market from the previous day’s close of ...

*ISLAMABAD: Taxes on mobile phones and vehicles above 1000cc are going to be doubled as the federal government has planned to increase duty on imported products. * According to the proposed increase in tax on imported items, the government has planned to increase regulatory duty on tyres by 50 ...

link link link link *ISLAMABAD: In order to control the continuous depreciation of the rupee, the federal government on Wednesday decided to impose a complete ban on the import of non-essential and luxury items. * Prime Minister Shehbaz Sharif has imposed a ban on the import ...

*KARACHI: **The rupee on Monday continued its losing streak after it shed Rs1.47 against US dollar owing to the indecisiveness of the government to revert fuel subsidies, a major demand of the IMF for the release of US$1 billion tranche. * According to details, the US dollar traded at Rs192.38 ...

*KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) declined by $190 million to $10.308 billion during the week ended on May 6, data released by the central bank showed on Friday.* The country’s total foreign reserves, including net reserves of commercial banks, dipped to ...