In recent developments within Pakistan’s local market, there’s been a noticeable increase in gold prices, mirroring the upward movement seen on the international front. The Sarafa Association has reported a significant hike…
Category: Business
Latest Business News from Pakistan and Around the World – SBP, FBR, FIA, Petrol, Dollar and Daily Gold Rates on financeupdates.net.
Rupee Continues to Gain Against the US Dollar for the Second Consecutive Day
For the second consecutive day, the Pakistani Rupee has seen an increase against the US Dollar, maintaining its position after opening at a trade rate of 279 in the interbank market. This…
Gold Price in Pakistan February 2024: Notable Increase in Latest Trends
In Pakistan, the value of gold has witnessed a modest increase, keeping pace with the global market’s upward trajectory on Thursday. The Sarafa Association reports that the price for a tola of…
Gold Price in Pakistan Hits Third Peak at Rs. 215,200 Tola This Week
This week in Pakistan, the value of gold has seen an upward trend for the third consecutive day, reaching a significant milestone on Wednesday. The new price for a tola of gold…
Rupee Makes Remarkable Recovery Against US Dollar Amidst Political Clarity
The Pakistani Rupee made a significant comeback against the US Dollar in today’s financial market. Opening at 280 in the interbank trading scene, the Rupee showcased stability and resilience after some clarity…
Pakistani Rupee Struggle Against the US Dollar Ends at 279
The Pakistani Rupee faced a downturn in today’s trading, initially opening at 281 against the US Dollar in the interbank market. Despite a downward trend, the Rupee hovered around the 279-280 mark…
Electricity price in Pakistan Expected to increase from March 1st
National Electric Power Regulatory Authority (NEPRA) is gearing up to revise electricity tariffs due to fuel cost adjustments. The Central Power Purchasing Agency (CPPA) has approached NEPRA with a request to elevate…
Gold Prices Hold Steady in Pakistan Amidst Political Turbulence
At the onset of this week, the gold market in Pakistan showed resilience, with prices remaining stable despite the backdrop of political uncertainties. As reported by the Karachi Sarafa Association, the rate…
FBR to Fast-Track GlaxoSmithKline’s Rs. 408M Tax Refund: FTO Directive
The Federal Tax Ombudsman (FTO) has taken a significant step by instructing the Federal Board of Revenue (FBR) to expedite the processing of a substantial sales tax refund. The refund, amounting to…
Petrol Prices in Pakistan Expected to increase after Elections 2024
In Islamabad, the federal government is set to adjust petrol and diesel prices on February 15, aligning with the global market trends. The ongoing geopolitical tensions in the Middle East have led…