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Business
Markets retreat after rally, oil dips but Middle East worries linger
AFP/APP
Hong Kong: Asian markets slipped Tuesday following a tepid day on Wall Street as traders took a breather from a recent rally fuelled by bets on a US interest rate cut, while oil eased from a surge caused by Middle East tensions.…
Currency Rates of NBP
APP
Karachi: Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP) on Monday.
CURRENCY SELLING BUYING
USD 281.08 275.62
GBP 371.18 363.92
EUR 314.39 308.81
JPY 1.9535 1.9154
SAR…
Gold Rates Rise by Rs200 per Tola to Rs262,000
APP
Islamabad: The price of 24-carat gold per tola increased by Rs200, reaching Rs262,000 on Friday, compared to Rs 261,800 on the previous trading day.
The price of 10 grams of 24-carat gold also rose by Rs.172, selling at Rs224,623,…
Gold Rates Up by Rs.800 per Tola to Rs.261,800
APP
Islamabad: The per tola price of 24-karat gold increased by Rs.800 and was sold at Rs.261,800 on Thursday compared to its sale at Rs.261,000 on the last trading day.
The price of 10 grams of 24-karat gold also increased by Rs.686…
Rupee Sheds 14 Paisa Against Dollar
APP
Islamabad: The Pakistani rupee on Thursday witnessed a devaluation of 14 paisa against the US dollar in the interbank trading and closed at Rs 278.66 against the previous day's closing of Rs 278.52.
However, according to the Forex…
PSX Stays Bullish, Gains 532 Points
APP
Islamabad: The 100-Index of the Pakistan Stock Exchange (PSX) continued with a bullish trend on Thursday, gaining 532.56 more points, showing a positive change of 0.68 percent, closing at 78,793.41 points against 78,260.86 points on…
Microsoft Shifts Cloud Profits, Alters Productivity Unit Reporting
AFP/APP
San Francisco: Microsoft announced on Wednesday a revision in its cloud computing unit's revenue forecast, reallocating a portion of the earnings to its "productivity" software business.
This accounting adjustment comes amid…
Gold Prices Rise By Rs 300 Per Tola
News Desk
Islamabad: The price of 24 karat gold per tola increased by Rs 300, bringing the new rate to Rs 261,000 on Wednesday, up from Rs 260,700 on the previous trading day. The international gold price held steady at $2,512.
The…
Foreign Exchange Rates
APP
Karachi: The Exchange Rates Committee of the Financial Markets Association of Pakistan has issued the following exchange rates bulletin:
Conversion Rates for August 21, 2024
Forward Cover for Deposits (excluding FE 25…
Rupee Appreciates by 10 Paisa Against Dollar
APP
Islamabad: The Pakistani rupee appreciated by 10 paisa against the US dollar in interbank trading on Tuesday, closing at Rs 278.34 compared to the previous day's closing of Rs 278.44.
In the open market, the Forex Association of…