KARACHI, Apr 17 (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan, here on Wednesday. F.C. BUYING SELLING INTER BANK 278.00 … Continue reading Kerb currency market
Category: Business
Business news from Pakistan
Local POL production increases by 3.82% during July-February
ISLAMABAD, Apr 17 (APP): Overall production of petroleum commodities has witnessed an increase of 3.82 percent during the first eight months of the current financial year 2023-24 as compared to the corresponding period of the fiscal year 2022-23. POL products that showed positive growth include Motor Spirits the production of which increased by 4.03 percent… Continue reading Local POL production increases by 3.82% during July-February
Global FOs commit to support Pakistan’s economic initiatives
WASHINGTON, Apr 17 (APP):Leading global financial organizations like the World Bank (WB), Asian Development Bank (ADB) and International Finance Corporation (IFC) have assured their support for Pakistan’s initiatives aimed at economic stabilization through structural reforms, digital transformation and privatization efforts. The assurance came during sideline meetings of Federal Minister for Finance and Revenue Muhammad Aurangzeb,… Continue reading Global FOs commit to support Pakistan’s economic initiatives
Minister stresses local sugar supply for public welfare
Minister stresses local sugar supply for public welfare
WB assures support for reforms, digitalization programmes
ISLAMABAD, Apr 17 (APP):The World Bank (WB) has assured Pakistan of its full support for reforms and digitalization programmes to stabilize economy and enhance revenues. According to press statement issued by finance ministry here, Federal Minister for Finance and Revenue, Muhammad Aurangzeb, met with President World Bank Group, Ajay Banga and highlighted Pakistan’s progress under… Continue reading WB assures support for reforms, digitalization programmes
Currency rates of NBP
Currency rates of NBP
Exchange rates for currency notes
Exchange rates for currency notes
NBP exchange rates
NBP exchange rates
Foreign exchange rates
Foreign exchange rates
Gold rates up by Rs 2,200 to Rs 251,900 per tola
ISLAMABAD, Apr 17 (APP):The per tola price of 24 karat gold witnessed an increase of Rs 2,200 and was sold at Rs 251,900 on Wednesday as compared to its sale at Rs.249,700 on the previous day. The price of 10 grams of 24 karat gold increased by Rs1,887 and was sold at Rs 215,964 against… Continue reading Gold rates up by Rs 2,200 to Rs 251,900 per tola
Pak-Saudi Arabia agreed to expand bilateral economic,trade ties
Pak-Saudi Arabia agreed to expand bilateral economic,trade ties
Big industry grows by 0.06 % in February 2024
Big industry grows by 0.06 % in February 2024
Finance Minister appreciates IMF, WB support extended to Pakistan
ISLAMABAD, Apr 16 (APP):Federal Minister for Finance and Revenue, Muhammad Aurangzeb on Tuesday appreciated the support of International Monetary Fund (IMF) and World Bank extended to Pakistan for economic development. Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb, attended the G-24, Finance Ministers and Central Bank Governors’ Meeting, said a press release issued here.… Continue reading Finance Minister appreciates IMF, WB support extended to Pakistan
Finance Minister brief IFC on economic reforms in Pakistan
ISLAMABAD, Apr 16 (APP):Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb on Tuesday briefed the International Finance Corporation (IFC) team on the government economic reforms in Pakistan. He briefed on the ongoing reforms in the taxation, energy and privatization sectors, said a press release issued here. Federal Minister for Finance and Revenue, Mr. Muhammad… Continue reading Finance Minister brief IFC on economic reforms in Pakistan
SECP publishes report on Pakistan’s potential for micro and inclusive insurance
ISLAMABAD, Apr 16 (APP):The Securities and Exchange Commission of Pakistan has issued a report titled “Unlocking the Potential of Micro and Inclusive Insurance in Pakistan,” which provides an overview of the current landscape and vast untapped potential market for inclusive insurance. The report’s draft version and synopsis were presented at the International Insure Impact Conference,… Continue reading SECP publishes report on Pakistan’s potential for micro and inclusive insurance
SMEDA holds interactive session with NIM delegation
LAHORE, Apr 16 (APP):Small and Medium Enterprises Development Authority (SMEDA) hosted an interactive session on SMEDA services here Tuesday with a 13-member delegation of the National Institute of Management (NIM) that visited SMEDA head office under 35th Senior Management Course of NIM to be conducted for officers of BS-19 from federal, provincial and other services.… Continue reading SMEDA holds interactive session with NIM delegation
Shipping activity at Port Qasim
KARACHI, Apr 16 (APP):Five ships namely, MSC Vilda-X, MSC Nilgun, Fast, Gall and XT-Brightness scheduled to load/offload Container, Cement, Palm oil and Chemicals, berthed at Container Terminal, Multi-Purpose Terminal, Liquid Terminal and Engro Terminal respectively on Monday. Meanwhile three more ships, MSC United, Ullswater and Perikils are also arrived at outer-anchorage of the Port Qasim… Continue reading Shipping activity at Port Qasim
PSX loses 60 points
ISLAMABAD, Apr 16 (APP):The 100-Index of the Pakistan Stock Exchange (PSX) lost 60.92 points on Tuesday, a slight negative change of 0.09 percent, closing at 70,483.66 points against 70,544.58 points the previous trading day. A total of 548,418,295 shares valuing Rs.21.032 billion were traded during the day as compared to 555,214,972 shares valuing Rs. 21.986… Continue reading PSX loses 60 points
POL price hike caused by upward trend in int’l market: Finance Ministry
POL price hike caused by upward trend in int’l market: Finance Ministry
Gold rates up by Rs 2,400 to Rs 249,700 per tola
ISLAMABAD, Apr 16 (APP):The per tola price of 24 karat gold witnessed an increase of Rs 2,400 and was sold at Rs 249,700 on Tuesday as compared to its sale at Rs. 247,300 on the previous day. The price of 10 grams of 24 karat gold increased by Rs2,057 and was sold at Rs 214,077… Continue reading Gold rates up by Rs 2,400 to Rs 249,700 per tola