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Business
Rupee Sheds 14 Paisa Against Dollar
APPIslamabad: 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
APPIslamabad: 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/APPSan 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 DeskIslamabad: 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
APPKarachi: The Exchange Rates Committee of the Financial Markets Association of Pakistan has issued the following exchange rates bulletin:Conversion Rates for August 21, 2024Forward Cover for Deposits (excluding FE 25…
Rupee Appreciates by 10 Paisa Against Dollar
APPIslamabad: 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…
PSX Drops 84 Points Amid Lower Trading Volume
News DeskIslamabad: The Pakistan Stock Exchange (PSX) experienced a downturn on Tuesday, with the 100-Index shedding 84.82 points, reflecting a 0.11 per cent decrease, and closing at 77,745.52 points, down from the previous day’s…
PKR Gains 10 Paisa Against USD; Euro & Pound Show Strength
News DeskIslamabad: 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 rate of Rs 278.44.In the open market, the buying and selling…
Gold Prices Spike By Rs700 Per Tola
News DeskIslamabad: The price of 24 karat gold increased by Rs. 700 per tola, reaching Rs. 260,700 on Tuesday, up from Rs. 260,000 on the previous trading day.In the international market, the price of gold rose by $10, reaching…
Rupee Gains 10 Paisa Against Dollar
News DeskIslamabad: The Pakistani rupee appreciated by 10 paisa against the US dollar on Monday, closing at Rs 278.44 in interbank trading, compared to the previous day’s rate of Rs 278.54.According to the Forex Association of…