Gold price increases by Rs 800 per tola to Rs 132,400

ISLAMABAD, Apr 18 (APP):The price of 24 karat per tola gold increased by Rs 800 and was sold at Rs132,400 on Monday against its sale at Rs131,600 in the local market the previous day. The price of 10 gram 24 karat gold increased by Rs 686 to Rs 113,513 from Rs 1 12,827 while that… Continue reading Gold price increases by Rs 800 per tola to Rs 132,400

Federal govt disburses development funds of Rs 603 billion in 9 months

ISLAMABAD, Apr 18 (APP):The Federal Government has released Rs603.5 billion out of total allocation of Rs900 billion for various ongoing and new social sector uplift projects of the federal ministries and division in first nine months (July-March) of fiscal year 2021-22 under its Public Sector Development Programme (PSDP). The government also released Rs4.6 billion for… Continue reading Federal govt disburses development funds of Rs 603 billion in 9 months

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POL import bill surge 96% to $14.812 billion in 9 months

ISLAMABAD, Apr 18 (APP):The imports of overall petroleum group witnessed an increase of 96.09 percent during the first nine months of the current fiscal year (2021-22) as compared to the corresponding period of the last year. During the period under review, the total imports of the petroleum group stood at $14.812 billion, as against the… Continue reading POL import bill surge 96% to $14.812 billion in 9 months

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Food exports up by 18.92% to $3.961 bln in 3 quarters

ISLAMABAD, Apr 18 (APP):Food exports from the country witnessed an increase of 18.92 percent during the first three quarters of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. The exports of various food commodities were recorded at $3,961.469 million during July-March (2021-22) as compared… Continue reading Food exports up by 18.92% to $3.961 bln in 3 quarters

Textile exports increase by 25.43% to $14.242 bln in 9 months

ISLAMABAD, Apr 16 (APP):The exports of textile commodities increased by 25.43 percent during the first nine months of the current fiscal year (2021-22) as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported on Saturday. The textile exports were recorded at $14,242.623 million in July-March (2021-22) against the exports of… Continue reading Textile exports increase by 25.43% to $14.242 bln in 9 months

POL production increases 6.34% in February

ISLAMABAD, Apr 16 (APP):The production of petroleum products witnessed an increase of 6.34 percent during the month of February 2022 as compared to the corresponding month of last year (February 2021), Pakistan Bureau of Statistics (PBS) reported. The petroleum products that contributed in positive growth in production included jet fuel, the output of which increased… Continue reading POL production increases 6.34% in February

PSX stays bullish, gains 117 points to close at 46,601.54 points

ISLAMABAD, Apr 15 (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 117.11 points, with a positive change of 0.25 percent, closing at 46,601.54 points against 46,484.43 points on the last working day. A total of 365,789,899 shares were traded during the day compared to the trade… Continue reading PSX stays bullish, gains 117 points to close at 46,601.54 points

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LSM grows 4.6% in 8 months, 8.4% in February

ISLAMABAD, Apr 15 (APP): Large Scale Manufacturing Industries (LSMI) production grew by 4.6 percent during the first eight months of the current fiscal year (2021-22) as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported Friday. The LSMI Quantum Index Number (QIM) was recorded at 156.9 points during July-February (2021-22)… Continue reading LSM grows 4.6% in 8 months, 8.4% in February

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Kitchen items’ prices ease as SPI goes down by 0.68 pc

ISLAMABAD, Apr 15 (APP):The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on April 14 for the combined consumption group, witnessed a decrease of 0.68 percent as compared to the previous week. The SPI for the week under review in the above mentioned group was recorded at 173.27 points against 174.45 points… Continue reading Kitchen items’ prices ease as SPI goes down by 0.68 pc

No increase in sugar price at utility stores: Industries Ministry

ISLAMABAD, Apr 14 (APP):Ministry of industries Thursday rebutted the media reports regarding increase in sugar prices during the holy month of Ramazan. “Our monitoring teams have checked the prices in Karachi (Jodia Bazar), Lahore (Akbari Mandi), and different markets of Islamabad and reported that the retail price of the sugar in most areas was Rs… Continue reading No increase in sugar price at utility stores: Industries Ministry

SBP, all banks to observe six days working week

ISLAMABAD, Apr 13 (APP):As per decision of the Federal Government, the State Bank of Pakistan (SBP) Wednesday decided to observe six days working week with revised working hours. According to a notification issued by the SBP, the office hours for the Central Bank, all commercial banks, development finance institutions and micro finance banks during the… Continue reading SBP, all banks to observe six days working week

PSX loses 241 points to close at 46,165 points

ISLAMABAD, Apr 13 (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, losing 241.76 points, with a negative change of 0.52 percent, closing at 46,165.50 points against 46,407.26 points on the last working day. A total of 474,588,030 shares were traded during the day compared to the trade of… Continue reading PSX loses 241 points to close at 46,165 points

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POS integrated invoices surge by 26.3pc to 48 million in March: FBR

ISLAMABAD, Apr 13 (APP):The invoices issued by Tier-1 Retailers integrated with Point of Sale (POS) System mounted to 48 million during the month of March 2022 against the integration of 38 million in February, showing increase of 26.3 percent, Federal Board of Revenue (FBR) said Wednesday. In a tweet, the board said that likewise as… Continue reading POS integrated invoices surge by 26.3pc to 48 million in March: FBR

Currency rates of NBP

KARACHI, Apr 13 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. CURRENCY SELLING BUYINGUSD 184.43 180.28GBP 239.85 234.41EUR 199.83 195.64 JPY 1.4684 1.4354SAR 49.24 48.01AED 50.22 49.40

NBP Exchange Rates

KARACHI, Apr 13 (APP):Treasury Management Division of National Bank of Pakistan (NBP) on Wednesday issued the following exchange rates. CURRENCY SYMBOL TT Selling TT BuyingU.S DOLLAR USD 182.60 182.10EURO EUR 198.21 197.67 JAPANESE YEN JPY 1.4539 1.4499BRITISH POUND GBP 237.48 236.83SWISS FRANC CHF 195.78 195.24 CANADIAN DOLLAR CAD 144.63 144.23AUSTRALIAN DOLAR AUD 136.05 135.68SWEDISH KRONA… Continue reading NBP Exchange Rates

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