The Pakistan Stock Exchange (PSX) had a gloomy session on Friday, the final trading day of the week, as the benchmark index fell after the Financial Action Task Force’s (FATF) ruling. Despite…
Category: Latest
Latest news
Best stocks to buy now according to Bank of America, Barclays and JPMorgan
Originally published on Best Stocks Bank of America bets on e-commerce While the bank anticipates a difficult holiday season for retailers this year, it also anticipates an acceleration in the second…
Dollar’s rise versus the rupee is ongoing
The rise in the value of the US dollar versus the rupee continued on Friday, with the local currency losing 0.02 percent against the previous day due to increased demand from import…
SBP orders Ratified foreign exchange law from today
The foreign exchange selling law has been implemented, according to Exchange Companies Association General-Secretary Zafar Paracha, following orders given by the State Bank of Pakistan (SBP). It is now difficult for people/traders…
Pakistan is still on the FATF’s grey list
The Financial Action Task Force (FATF) declared on Thursday that Pakistan will remain on the grey list. A post-plenary conference is being addressed by President Dr. Marcus Pleyer. Pakistan remains on the…
Ford and Procter & Gamble are the preferred stocks to buy during these earnings. These investors say.
Originally published on Best Stocks Ford stock (F) Analyst Dan Levy raised Ford outperform on Wednesday, saying the company was on track for a reinvention as a future car company. “When…
Pakistani rupee is steadily lose Strength versus the US dollar
The Pakistani rupee continued to lose ground and fell to an all-time low of Rs173.96 against the US dollar in the inter-bank market on Thursday following a fresh depreciation of Rs0.49 (or…
Gold glistens once more, closing the day at Rs124,200 per tola
On Thursday, ,the price of gold in Pakistan increased by Rs2,000, reaching a 14-month high of Rs124,200 a tola A in line with rising international prices. According to dealers, the return of…
KSE-100 continues to rise ahead of the FATF’s decision
The Pakistan Stock Exchange (PSX) continued to rise on Thursday, boosted by indications of progress in discussions between Pakistan and the International Monetary Fund (IMF) as well as a drop in the…
UAE Dirham to PKR: Rupee gains against UAE Dirham on October 21st, 2021
KARACHI: The average customer rates of buying and selling of UAE Dirham (AED) against Pakistani Rupee (PKR) are Rs47.25 and Rs.47.75 at 6.24 pm PST on October 21st, 2021. The Dirham increased…