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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

Pakistani rupee gains 2 paisa against US dollar

KARACHI: The Pakistani currency further recovered its value against the US dollar in interbank and open markets on Friday. The local currency gained 2 paisa in the interbank and hit Rs155.65 against the greenback. In the open market, it followed similar trend by gaining 5 paisa and hitting Rs156.75. On Thursday, the local currency gained another 6 paisa against dollar ... Read More »

Pak Rupee gains 8 paisa against US dollar in interbank

KARACHI: The Pakistani rupee on Thursday appreciated by 8 paisa and hit Rs155.70 against the U.S. dollar in the interbank amid presence of positive triggers. Earlier, 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, ... Read More »

PSX closes flat in range-bound trading

ISLAMABAD: The Pakistan Stock Exchange (PSX) witnessed another range-bound trading session on Wednesday, as the indices swung both ways in search of a clear direction before settling flat. Following the failure of talks between the business community and the government on Tuesday, the traders continued their strike against tax measures introduced by the Federal Board of Revenue (FBR). As per ... Read More »

KSE-100 lands in red amid political noise

KARACHI: Contrary to the previous session, investors of the Pakistan Stock Exchange (PSX) experienced a jittery ride on Tuesday, as the indices traded within a narrow range owing to political uncertainty. As per media reports, Jamiat Ulema-e-Islam-Fazal’s (JUI-F) Azadi March entered its third day on Tuesday. The JUI-F marchers, accompanied by senior leaders of main opposition parties, reached Multan earlier ... Read More »

Rupee trades flat against dollar

KARACHI: The Pakistani rupee on Tuesday traded flat at Rs155.99 against the U.S. dollar in the interbank. Earlier, 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 WB still sees the rupee overvalued by ... Read More »

A weekly review: PSX shed 212 points; rupee edges down

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 212 points, or 0.6 ... Read More »

KSE-100 index shed over 105 points to close at 33,657.46

KARACHI: The Pakistan Stock Exchange witnessed bearish trend as the KSE-100 Index closed today at 33657.46 points as compared to 33762.48 points on the last working day with a negative change of 105.02 points. The total turnover was 170,857,654 as compared to 121,325,410 on the last working day with Pak Int. Bulk having the highest turnover of 35,589,000. Total 357 ... Read More »

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 »