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KARACHI: In spite of some economic difficulties, the Pakistani Rupee is improving against the US dollar. As per an article published by Khaleej Times, strong remittances, debt relief, and rising exchange reserves are contributing to the appreciation of the currency. At the beginning of the year, USD 1 valued at 160.99 and is now valued …
Continue reading “Pakistani Rupee strengthens against US dollar on March 8”
KARACHI: The decline in gold prices persisted on Friday, while the prices of precious metals dropped by Rs1,450 per tola in the local market. The cost of gold fell by more than 8 per cent in a month, as buyers are moving away from the safe bet product with COVID-19 fear subsidizing, as per traders. …
KARACHI: On Friday, March 5, at the opening of the bullion market in Pakistan, a single tola of 24-karat gold was sold for Rs104,200. Similarly, 10 grams of 24k gold sold for Rs89,335 and 10 grams of 22k gold for Rs81,890. Furthermore, the price of a tola of silver is Rs1,350, whereas the price of …
KARACHI: At the opening of the currency market on Friday, March 5, the buying rate of the US dollar was Rs157.1, while the selling rate was Rs157.9. According to dealers, the local currency reversed some of its gains from the previous session as political instability outweighed the effects of positive economic developments. Furthermore, a rise …
Karachi: A single tola of 24-carat gold in Pakistan will be purchased at Rs106,100 on Thursday, 4 March, at the opening of the bullion market. Likewise, 10 grams of 24k gold were exchanged at Rs90,964, while 10 grams of 22k gold were traded at Rs83,383. As per data released by the All Sindh Saraf Jewellers …
KARACHI: The purchase rate of the US dollar was Rs157.15, while the sale rate was 157.35 on Thursday, March 4 at the opening of the currency market. “The appetite for hard currency to be paid by importers has been subdued,” said a foreign exchange broker at a commercial bank on Wednesday. “The surplus of dollars …
KARACHI: On Wednesday, a single tola of 24-karat gold was sold in Pakistan for Rs107,200. At the close of trade, the price of 10 grams of 24k gold was Rs 91,910. Similarly, 10 grams of 22k gold cost Rs. 84,250, while a 22k tola cost Rs. 95,240 at the market’s close. The bullion prices in …
KARACHI: The prices of petroleum goods will continue till March, as per Prime Minister Imran Khan’s political coordination advisor, Shahbaz Gill. Gill said in a Twitter post that the Oil and Gas Regulatory Authority had suggested a raise of Rs6-7 per liter, but that PM Imran Khan had declined. اوگرا نے تقریباً 6 سے 7 …
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is determined to facilitating minority shareholders and has decided to reduce turnaround time for payment of cash dividends to shareholders of listed organizations from 15 days to 03 working days only. SECP has released revisions to the Corporations (Distribution of Dividends) Rules, 2017, for public consultation. …
Continue reading “SECP proposes reduction in turnaround time for payment of cash dividends”
Karachi: Mian Nasser Hyatt Maggo, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proceeded abroad on an official visit. During his visit, Mr. Nasir Khan, Vice President FPCCI will be the Acting President of FPCCI.
