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Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

KSE-100 sheds another 486 points

KARACHI: The stock market continued to bleed on Friday as the investors preferred to observe activities on the political and economic fronts. Indices remained volatile for the entire session whereas volumes declined slightly from the preceding session. On the economic front, the total foreign exchange reserves held by the country rose by $25 million on a weekly basis and were ... Read More »

Pak Rupee gains 47 paisas in mid-day trade

KARACHI: The Pak Rupee made significant gain of 47 paisas against dollar in mid-day trading on Friday owing to inflows of remittances and export receipts. The dollar is being traded at Rs156.75 to the dollar in interbank foreign exchange market in early trading. The exchange rate ended at Rs157.22 to the dollar in interbank foreign exchange market on Thursday. Currency ... Read More »

Pak Rupee depreciates by 6 paisa against dollar; PSX witnesses bearish trend

KARACHI: The Pakistani rupee continued to lose its strength against the US dollar as it further slipped by 6 paisa in the interbank market and hit Rs157.35 during the early trade hours on Thursday. In previous weeks, the rupee was observed to cumulatively depreciate against the greenback. The SBP had let the rupee depreciate significantly in the inter-bank market after ... Read More »

Gold scales new peak of Rs90,150/ tola

KARACHI: Gold price increased by a record Rs1,150 to cross the Rs90,000-mark in the local market on Wednesday, according to media reports. According to details, gold price rose by Rs1,150 to Rs90,150/ tola – its all-time high in the country. Similarly, price of 10 grams of gold increased by Rs986 to Rs77,289. Reuters adds: Gold in the global market held ... Read More »

KSE-100 index gains 52 points to close at 30,637 points

KARACHI: Pakistan Stock Exchange (PSX) witnessed a positive trend on Wednesday when the benchmark KSE-100 index gained 52 points and recovered to 30,637 points. During the last three days, the KSE-100 index gained massive more than 400 points. Hovering in the green throughout the previous week on the back of rumors that “Pakistan might exit the FATF grey list”, as ... Read More »

Rupee depreciates by 24 paisa against dollar; PSX gains 311 points

KARACHI: The Pakistani rupee continued to lose its strength against the US dollar as it slipped by 24 paisa in the interbank market and hit Rs157.5 during the early trade hours on Wednesday. Yesterday, the local currency depreciated by 40 paisa in the interbank market. In previous weeks, the rupee was observed to cumulatively depreciate against the greenback, which in ... Read More »

KSE-100 recovers to close 64 points higher

KARACHI: After bleeding for most part of the day, the Pakistan Stock Exchange (PSX) managed to stand its ground and ended the session on Tuesday in the green zone. According to market analysts, weak macroeconomic situation and ongoing tensions between India and Pakistan have been denting investor confidence at the PSX. On the economic front, the Privatisation Commission (PC) board ... Read More »

Gold price reaches Rs 89100 per tola

KARACHI: Gold price has touched a historical high of Rs 89100 per tola after increase of Rs 100 per tola on Tuesday. The price of 10g of the yellow metal has reached Rs 76390 per tola after an increase of Rs 87per tola. On the other has the glittering metal’s price in international market downed by $1 and sold at ... Read More »

Pak Rupee gains by 20 paisa against dollar; PSX loses 239 points

KARACHI: The Pakistani rupee recovered to Rs157.36 against the US dollar after gaining 20 paisa in the interbank market during the early trade hours on Tuesday. In the open market, the local currency also appreciated by 20 paisa and was being traded at Rs157.60 against the greenback. In previous weeks, the rupee was observed to cumulatively depreciate against the greenback, ... Read More »

PSX sheds 829 points to close at 30,520

KARACHI: Pakistan Stock Exchange (PSX) witnessed a negative trend on Monday when the benchmark KSE-100 index lost 829 points and dropped to 30,520 points. In the previous week, the KSE-100 index gained massive 2,585 points to close at 31,350 points. Hovering in the green throughout the previous week on the back of rumors that “Pakistan might exit the FATF grey ... Read More »

Pak Rupee depreciates by 18 paisa against US dollar; PSX loses 777 points

KARACHI: The Pakistani rupee on Monday slipped to Rs157.70 against the US dollar after losing 18 paisa in the interbank market during the early trade hours. Ahead of Eidul Azha and in the first month of July of the current fiscal year 2019-20, Pakistan received higher remittance inflows from overseas Pakistanis – which in turn assisted the local currency in ... Read More »

Weekly review: KSE-100 gains 2,585 points; Pak Rupee appreciates by Rs1.5 against dollar

KARACHI: Pakistan Stock Exchange (PSX) witnessed a bullish trend in the outgoing week with the benchmark KSE-100 index gaining significant 2,585 points to close at 31,350 points, according to media reports on Saturday. Hovering in the green throughout the week on the back of rumors that “Pakistan might exit the FATF grey list”, as many as 174 million shares of ... Read More »

Gold price drops by Rs800 per tola

ISLAMABAD: The price of 24 karat gold shed by Rs800 and was traded at Rs87,100 per tola as compared to the last closing at Rs87,900 Karachi Sarafa Association reported on Friday. The price of 10 gram gold also witnessed decrease of Rs686 and was traded at Rs74,674 against Rs 75,360 of last day. The price of silver remained constant and ... Read More »

KSE-100 drops 534 points due to FATF confusions

KARACHI: The Pakistan Stock Exchange (PSX) was surrounded by dark clouds on the last trading session of the week, as investor sentiments were shaken following news reports regarding Pakistan’s position on the Financial Action Task Force (FATF) list. On the economic front, Pakistan’s total foreign exchange reserves dipped slightly to $15.60 million (as on August 17, 2019) from $15,578 million ... Read More »

Pak Rupee gains 73 paisa against dollar in interbank market

KARACHI: The US dollar on Friday depreciated as the Pakistani rupee gained 73 paisa against the greenback in the interbank market and traded at Rs157.50. According to details, the dip in the US dollar has reduced the debt burden by Rs 600 billion. It is worth mentioning here that the greenback had reached all-time high of Rs164.25 in the interbank ... Read More »

Gold price jumps by Rs200, traded at Rs87,900 per tola

KARACHI The price of 24 karat gold jumped by Rs200 and was traded at Rs87,900 per tola, Karachi Sarafa Association reported on Thursday. The price of 10 gram gold witnessed a decline of Rs172 and was traded at Rs. 75,360. Read More »

KSE-100 index gains another 911 points

KARACHI: The Pakistan Stock Exchange (PSX) managed to attract investors once again on Thursday after three consecutive positive sessions. The indices witnessed a good start to the day with the KSE-100 Index crossing the 31,000 mark threshold, improving its weekly return to about 11pc. Foreign investors closed Wednesday’s session as net sellers with a net outflow of $0.610 million. On ... Read More »

PSX gains 524 points amid presence of positive triggers

KARACHI: The KSE-100 Index of the Pakistan Stock Exchange (PSX) on Thursday continued to advance at a rapid pace for the fourth consecutive session by gaining 524 points and rising past the 31,000-point mark in the early trade hours. Till last report, the index stood at 31,497 points. Investors resumed buying with renewed vigour as uncertainty of the past few ... Read More »

Pak Rupee appreciates by 22 paisa against US dollar

KARACHI: The Pakistani rupee on Thursday recovered by 22 paisa against the US dollar and hit Rs158.22 in the interbank market with slight fluctuation at the early trade hours. Ahead of Eid-ul Azha, Pakistan had received higher remittance inflows from overseas Pakistanis in the first month of July of the current fiscal year 2019-20 – which in turn assisted the ... Read More »

PSX extend gains with 553-point rally

KARACHI: The Pakistan Stock Exchange (PSX) carried forward its positive momentum for the third successive session, ending the day in the green zone again. The indices that opened positively on Wednesday soon turned their directions for some time but managed to recover and close the session with decent gains. On the economic front, Pakistan’s current account deficit dipped 73pc to ... Read More »