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Business
Rupee Appreciates Against Dollar, Closes at Rs277.61
APP
Islamabad: The Pakistani rupee appreciated by 18 paisa against the US dollar in interbank trading on Friday, closing at Rs277.61 compared to the previous day's closing of Rs277.79.
In the open market, the Forex Association of…
Foreign Exchange Rates
APP
Karachi: The Exchange Rates Committee of the Financial Markets Association of Pakistan released its latest bulletin on foreign currency conversion rates. The State Bank of Pakistan's settlement value for October 21, 2024, is as…
Netflix Adds Millions of Subscribers, But Growth Slows
AFP/APP
San Francisco: Netflix announced on Thursday that it gained over five million new subscribers in the last quarter, though it indicated a slowdown in growth.
The streaming giant reported ending September with a total of 282.7…
Gold Prices Up by Rs700 per Tola
APP
Islamabad: The price of 24-karat gold per tola increased by Rs. 700, reaching Rs. 277,900 on Thursday, compared to Rs. 277,200 the previous day.
Similarly, the price of 10 grams of 24-karat gold rose by Rs. 600 to Rs. 238,254,…
PSX Witnesses Bearish Trend, Loses 620 Points
APP
Islamabad: The Pakistan Stock Exchange (PSX) witnessed a bearish trend on Thursday, with the 100-Index losing 620.23 points, or 0.72%, closing at 85,585.43 points, compared to 86,205.66 points on the previous day.
A total of…
PSX Raises Over Rs1 Trillion Through GoP Ijarah Sukuk
APP
Islamabad: The Pakistan Stock Exchange (PSX) has achieved a major milestone by surpassing the Rs 1 trillion mark through the issuance of Government of Pakistan (GoP) Ijarah Sukuk (GIS).
This achievement was announced after the…
Foreign Exchange Rates for October 17
APP
Karachi: The Exchange Rates Committee of the Financial Markets Association of Pakistan has issued the following exchange rates bulletin for October 17, 2024:
Conversion Rates for Foreign Currency for Forward Cover (Excluding FE 25…
Gold Prices Decline by Rs 700 per Tola
APP
Islamabad: The price of 24 karat gold per tola decreased by Rs. 700 on Tuesday, selling at Rs. 275,000 compared to Rs. 275,700 on the previous trading day.
The price of 10 grams of 24 karat gold also fell by Rs. 600, reaching Rs.…
Oil Prices Fall on Easing Middle East Fears
AFP/APP
London: Oil prices tumbled Tuesday on reports that Israeli Prime Minister Benjamin Netanyahu told US President Joe Biden he would not strike Iran's crude or nuclear facilities. Crude prices were also pulled lower by worries about…
Foreign Exchange Rates Update
APP
Karachi: The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following exchange rates bulletin on Monday for foreign currency conversion, forward cover, and deposits (excluding FE 25 deposits).
The…