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Rupee snaps three-day losing streak
KARACHI: Pakistani rupee recovered 0.15%, or Rs0.43, and closed at Rs282.42 against the US dollar in inter-bank market on…
Govt requests another increase of Rs1.80 in electricity surcharge
ISLAMABAD: The federal government’s recent decision to increase the power surcharge by Rs1.80 per unit has been met with criticism…
Petrol price jacked up by Rs5 per litre
ISLAMABAD: The government on Wednesday increased the price of petrol by Rs5 and high speed diesel (HSD) by Rs13 per litre.
The…
Government plods towards IMF deal
ISLAMABAD: Pakistan has managed to convince the International Monetary Fund (IMF) to reduce external additional loan requirement…
Vietnamese envoy for facilitating businesses
LAHORE: Ambassador of Vietnam Nguyen Tien Phong, on Monday, said businesses need be facilitated in both countries to increase the…
Biden vows new bank rules after SVB collapse
WASHINGTON: President Joe Biden declared the US banking system “safe” and vowed stiffer bank regulation, after US regulators were…
PM approves Rs8,500 as cotton support price
LAHORE: In a major step to facilitate cotton farmers, Prime Minister Shehbaz Sharif on Monday approved Rs8,500 per 40 kg as the…
Officials urge businesses towards localisation
KARACHI: Government high officials have urged the Pakistani business community to start working on import substitution, the…
Banks lent 83% deposits to govt in Feb
The State Bank of Pakistan (SBP), on Monday, reported that bank deposits grew 15% in one-year to Rs22.92 trillion in February,…
Rupee makes recovery of 0.54% to Rs280.77 a dollar
KARACHI: Amid optimism over the revival of the International Monetary Fund (IMF) loan programme, the volatile Pakistani rupee made…