[ad_1] A currency dealer is calculating $100 notes. — AFP/File Rupee closes at 220.70 against dollar around 12:40pm. Tahir Abbas says IMF review will ease some targets. Currency to consolidate between 215 to 220, he…
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USD TO PKR currency exchange rates for, 26 Oct 2022
KARACHI: The buying rate of 1 USD to PKR was Rs 220.233 and the selling rate of 1 USD to PKR was Rs 222.233 in the interbank market on 26 Oct 2022. Meanwhile,…
CDS rises 13-year high in line with rating downgrades, raises default concerns – Financeupdates
[ad_1] A foreign currency dealer counts US dollar notes at a currency market in Karachi on July 19, 2022. — AFP Pakistan’s benchmark five-year CDS increases by 3,071 basis points. Yields on Pakistan’s dollar-denominated…
Govt in a fix over diversion of costly imported RLNG to domestic consumers – Financeupdates
[ad_1] A liquefied natural gas (LNG) tanker is tugged towards a thermal power station. — Reuters/File LNG used by the domestic sector in the winter season cannot be charged from consumers…
Government Extended the Deadline for Encashment of Prize Bonds
The government has once again extended the deadline for encashing, converting, and redeeming National Prize Bonds (NPBs). The government has extended the deadline for withdrawing the Rs. 40,000, Rs. 25,000, Rs. 15,000,…
PSX down as profit-booking bites – Financeupdates
[ad_1] A representational image of investors looking at the trading screen. — Reuters/File KSE-100 index falls 157 points to close at 42,190.02 points. Rollover week effect weighs on trade. Investor participation remains…
PM Shehbaz eyes int’l investment, deems Pakistan ‘ripe’ for market innovation – Financeupdates
[ad_1] Prime Minister Shehbaz Sharif addresses the Future Investment Initiative Summit on October 25, 2022. — PID/File PM Shehbaz fully prepared to invest in younger generation. “Market expanding with young and growing population,”…
Gold price once again surpasses Rs148,000 threshold as demand picks up pace – Financeupdates
[ad_1] Gold bars from the vault of a bank are seen in this illustration picture taken in Zurich on November 20, 2014. — Reuters Gold price settles at Rs148,400 per tola in…
It is not our job to give opinion on Reko Diq deal, CJP Bandial remarks on presidential reference – Financeupdates
[ad_1] Image showing the exterior of the Supreme Court of Pakistan’s building in Islamabad. — Supreme Court wesite “The court did not have expertise in financial matters. The questions asked in the…
Rupee strengthens, closes below 220 against dollar – Financeupdates
[ad_1] A currency dealer counts Pakistani rupees and U.S. dollars at his shop in Karachi, October 8, 2008. — Reuters Rupee closes at 219.73 against dollar in interbank market. Market is anticipating…