KARACHI: The local bullion market has on Wednesday seen gold prices sliding as much as Rs3000 per tola reaching Rs122,000 since its close yesterday during the week, ARY News reported. Similarly another benchmark unit of gold, 10-gram, has shed about Rs2,572 in the market which is now available at Rs104,595 today around the market close.It […]
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KARACHI: The Pakistan stocks rebounded on Tuesday, as the rupee finally managed to recover against the dollar after an entire week of losses coupled with an absence of uncertainty on the political front, dealers said.Ahsan Mehanti at Arif Habib Corporation said that the stocks showed sharp recovery led by scrips across-the-board on robust data on […]
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RIYADH: The Central Bank of the UAE (CBUAE) will launch a new index for overnight funding transactions denominated in UAE Dirham in December, Arab News reported. Donia aims at providing market participants with interbank market data, and to improve transparency in domestic money market activities,as a part of the new Dirham Monetary Framework implementation plan. […]
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KARACHI: The inflow of workers’ remittances has increased 12 per cent to $10.6 billion during the first four months (July–October) of the current fiscal year 2021/22, the State Bank of Pakistan (SBP) said on Sunday.The inflow of workers’ remittances was $9.42 billion in the first four months of the fiscal year 2020/21. The central bank […]
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SYDNEY (Reuters) – Bitcoin rose to a two-and-a-half-week peak on Monday and ether climbed to a fresh record as cryptocurrencies ride higher on a wave of momentum, flows, favourable news and inflation fears.Bitcoin was last up about 3% at $65,121 and ether , which underpins the ethereum network, sat at a record top of $4,711. […]
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1. Oil The oil industry itself is no stranger to turbulence. Oil producers have had to navigate through rough seas as they deal with everything from fluctuating demand to geopolitical tensions. Still, as the industry struggles to climb out of its hole, oil producers are maintaining full throttle. The implications of this move, strategically significant […]
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KARACHI: The average customer rates of buying and selling of US dollar (USD) against Pakistani rupee (PKR) are Rs169.5 and Rs171 at 09:32 am PST on November 4, 2021.The USD remains stable against the PKR when compared with the buying and selling of Rs169.5 and Rs171 on November 3, 2021. The exchange rate is based […]
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Karachi: Latest Gold Rate in Pakistan today (2nd November 2021) is Rs. 100,363 per 10 grams, and the rate of Gold is Rs. 114,700 per tola in Pakistan today.Gold Rates in KarachiKarachi Is the main hub for Gold Rate, Every City Follows Karachi Sarafa Bazar Association For Gold Rate,Today Gold Rate for different Cities Including […]
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Saudi Development Fund to park $3 billion in State Bank of Pakistan: $1.2b oil deferred payments also approved.Saudi Arabia has announced depositing $3 billion in the State Bank of Pakistan and $1.2b oil deferred payments facility during the year.Information Minister Fawad Chaudhry and Energy Minister Hammad Azhar took to social media to confirm the news.”Breaking […]
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ISLAMABAD: Port congestion and relating infrastructure constraints have put the shippers of strategically important supplies in a tough situation besides economic losses to the nation as the ministries of energy and maritime affairs like to run port operations to their preferences. This results in underutilisation of port infrastructure and an unnecessary wait for ships and […]
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