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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

Pak Rupee gains 10 paisa against dollar in open market

ISLAMABAD: The Pakistani currency further recovered its value against the US dollar on Friday. The local currency gained 10 paisa in the open market and hit Rs156 against the greenback. The exchange rate of US dollar against rupee witnessed no change in interbank and was traded at Rs155.88. The SBP further reported that in interbank the price of Euro depreciated ... Read More »

Gold rises Rs500 per tola

KARACHI: Gold prices in the local market rose by Rs500 to Rs87,500 per tola on Friday, according to media. Rate of 10 grams of the precious yellow metal increased by Rs429 to Rs75,017. Gold steadied above $1,500 an ounce on Friday, on course for its best week in five amid continued uncertainty around Brexit and the health of the global ... Read More »

Pak Rupee gains 15 paisa against dollar in open market

KARACHI: The Pakistani rupee on Thursday gained its strength by 15 paisa and hit Rs156.10 against the US dollar in the open market. In the interbank market, the greenback fell 2 paisa to close at 155.88. The SBP further reported that in interbank the price of Euro appreciated by Rs0.15 and was traded at Rs173.51 against the last closing of ... Read More »

Bullish momentum prevails as index closes 322 points higher

KARACHI: Extending the rally from the previous session, the Pakistan Stock Exchange (PSX) closed on Thursday with decent gains. Foreign investors turned once again closed the preceding session on Wednesday as net sellers with a net outflow of $0.518 million. Adding 422.95 points, the benchmark KSE-100 Index marked its intraday high at 33,862.64. It closed higher by 322.79 points at ... Read More »

Pak Rupee trades flat against US dollar

KARACHI: The Pakistani rupee on Thursday traded flat at Rs155.90 and Rs155.95 against the U.S. dollar in the interbank and open markets, respectively. On Sunday, the World Bank forecasted Pakistan’s economic growth to slow down for the next two years as it faces yet another macroeconomic crisis due to massive twin deficits and low foreign reserves. Despite significant devaluation, the ... Read More »

Pakistan Stock Exchange KSE-100 index ends 247 points higher

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a positive trading session on Wednesday, as indices remained in the green zone all day long amid improved volumes. Foreign investors remained net buyers for the fourth consecutive session on Tuesday, buying shares worth $1.85 million. Gaining 440.80 points, the benchmark KSE-100 Index marked its intraday high at 33,639.76. It closed ... Read More »

Pak Pakistani rupee appreciates 5 paisa against US dollar

KARACHI: The Pakistani rupee in the early trade hours on Wednesday regained its strength by 5 paisa, and hit Rs155.85 and Rs155.95 against the U.S. dollar in the interbank and open markets, respectively. On Friday, the local currency closed at Rs155.90 against the greenback on a positive note. In the open market, the rupee appreciated by 20 paisa and closed ... Read More »

PSX edges down 785 points in early trade

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a downward trend on Monday with the benchmark KSE-100 index losing 785 points and hitting 33,084 points. In the previous week, the PSX remained lacklustre as investor participation was comparatively low amid lack of market moving triggers and investors in a state of uncertainty following the formal announcement of the Financial Action Task ... Read More »

Gold rises Rs200 per tola

KARACHI: Gold rates in the local market increased by Rs200 to Rs87,100 per tola on Monday, according to media. The price of 10 grams gold rose by Rs176 to Rs74,674. Meanwhile, gold prices in the global market were steady today, holding in a narrow range, as traders awaited more clarity on Brexit and U.S.-China trade ties, Reuters adds. Spot gold ... Read More »

Pak Rupee slips 5 paisa against US dollar

KARACHI: The Pakistani rupee in the early trade hours on Monday lost its strength by 5 paisa and hit Rs155.95 against the U.S. dollar in the interbank market. On Friday, the local currency closed at Rs155.90 against the greenback on a positive note. In the open market, the rupee appreciated by 20 paisa and closed at Rs156.10 against the dollar ... Read More »

Gold rates edge up

KARACHI: Gold prices in the local market edged up by Rs50 to Rs86,900 per tola, according to media. The rate of 10 grams of yellow metal also increased by Rs38 to Rs74,498. Yesterday, per tola price of gold had fallen by Rs50 to Rs86,850 in the domestic market, while rate of 10 grams gold decreased by Rs42 to Rs74,460. Gold ... Read More »

A weekly review: stocks shed 605 points; rupee recovers slightly against dollar

KARACHI:  The Pakistan Stock Exchange (PSX) remained lacklustre in the outgoing week as investor participation was comparatively low amid lack of market moving triggers and investors in a state of uncertainty following the formal announcement of the Financial Action Task Force to keep Pakistan in the grey list till Feb 2020. The benchmark KSE-100 index lost 605 points or 1.8 ... Read More »

Pak Rupee ends down by two paisas against dollar

KARACHI: The Pak Rupee ended down by two paisas against dollar on Friday due to high demand for import payments. The rupee ended Rs155.91 to the dollar from previous day’s closing of Rs155.89 in interbank foreign exchange market. The foreign currency market was initiated in the range of Rs155.93 and Rs155.95. The market recorded day high of Rs155.97 and low ... Read More »

Pak Rupee appreciates by 6 paisa against US dollar

KARACHI: The Pakistani currency appreciated against the U.S. dollar on Thursday by 6 paisa and hit Rs155.95 in the interbank market during early trading hours. Yesterday, the local currency gained 5 paisa and closed at Rs156.1 against the greenback. On Sunday, the World Bank forecasted Pakistan’s economic growth to slow down for the next two years as it faces yet ... Read More »

Gold slips to 86,600 per tola

KARACHI: The Gold prices on Wednesday slashed by Rs400 and traded at Rs 86,600 per tola,  according to media reports. Likewise, the rate of 10 grams of precious yellow metal also slashed by Rs344 to stand at Rs74,245. On Monday, the per tola price of gold increased by Rs200 to Rs87,000 whereas the rate of 10 grams of yellow metal ... Read More »

PSX gains 198 points during mixed trading

KARACHI: The stock market gained 198 points on Wednesday in mixed trading sessions. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 34,281 points as against 34,084 points showing an increase of +198 points. Analysts at Arif Habib Limited said that the market made a positive move today with a total increase of 351 points and closed the ... Read More »

Pak Rupee gains in open, interbank markets against dollar

KARACHI: The Pakistani currency further recovered its value against the U.S. dollar on Wednesday. The local currency gained 6 paisa in the interbank and hit Rs156 against the greenback during the early trade hours. In the open market, it followed similar trend by gaining 5 paisa and hitting Rs156.15. On Sunday, the World Bank forecasted Pakistan’s economic growth to slow ... Read More »

KSE-100 down 102 points as investors await FATF outcome

KARACHI: Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Tuesday, as the investors remained anxious ahead of the Financial Action Task Force’s (FATF) review. Foreign investors were net buyers on Monday, with a net inflow of $0.856 million. As per media reports, the FATF on Monday had expressed satisfaction over steps taken by Pakistan to control terror financing ... Read More »

Gold rates edge up in local market

KARACHI: Gold rates in the local market edged up by Rs200 to Rs87,000 per tola on Monday, according to media. The rate of 10 grams of precious yellow metal increased by Rs172 to Rs74,589. Meanwhile, gold also gained globally as optimism over a potential U.S.-China trade deal waned, while palladium notched an all-time high driven by short supplies of the ... Read More »

KSE-100 fails to sustain gains, loses 289 points

KARACHI: The Pakistan Stock Exchange (PSX), which opened positively on Monday, failed to sustain its gains in the second half and closed the session in the red zone. Keeping up with their selling pattern, foreign investors offloaded shares worth $4.15 million in the preceding week (October 7-11). On the economic front, a Pakistani delegation, headed by Economic Affairs Minister Hammad ... Read More »