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KARACHI:
Pakistani currency on Wednesday maintained its gradual losing streak, ticking down by Rs0.02 to close at Rs278.39 against the US dollar in the inter-bank market apparently owing to a decrease in foreign currency supply and an increase in its demand.
Financial experts gave virtually no importance to the nominal drop, saying that the…
" The Pakistani rupee remained largely stable against the US dollar in the inter-bank market on Wednesday. At close, the local unit settled at 278.39, a loss of Re 0.01 against the greenback, as per the State Bank of Pakistan (SBP). On Tuesday, the rupee closed at 278.38, lower by Re0.05 or 0.02%. In a…
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KARACHI:
Iranian President Ebrahim Raisi's visit to Pakistan this week put the spotlight on a major gas pipeline deal between the two neighbours which has faced delays due to geopolitical issues and international sanctions.
The two nations reiterated the importance of cooperation in the energy domain, including trade in electricity, power transmission lines and the…
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BEIJING: A Chinese foreign ministry spokesperson said on Monday that the remains of the five Chinese victims who were killed in a terrorist attack on Dasu project in Pakistan were…
" The per tola price of 24 karat gold witnessed no change and was traded at Rs.228,200 on Monday in the local market. The price of 10 grams 24 karat gold and 10 gram 22 karat remained stagnant at Rs195,645 and Rs.179,341, the All Sindh Sarafa Jewellers Association reported. The price of per tola and…