SBP Purchases $8.78 Billion in Foreign Currency Over 12 Months
The State Bank of Pakistan (SBP) purchased $863 million worth of foreign currency from the interbank foreign exchange market in…
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Business News
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FPCCI Strongly Criticizes SBP Rate Hike, Calls for Single-Digit Interest Rates
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly criticized the State Bank of Pakistan’s (SBP) latest…
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Pakistani Rupee Extends Winning Streak Against US Dollar for 268th Consecutive Day
The Pakistani rupee continued its positive performance against the US dollar on Friday, maintaining its upward streak for the 268th…
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Pakistani Rupee Gains Against US Dollar but British Pound Climbs Back to Rs. 371
The Pakistani rupee continued its stable performance against the US dollar on Wednesday, recording another marginal gain in the interbank…
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Pakistani Rupee Gains Against US Dollar for 261st Consecutive Day
The Pakistani rupee continued its positive performance against the US dollar on Wednesday, closing at 276.95 in the interbank market.…
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Pakistani Rupee Reaches Rs276.97 Against US Dollar for First Time in Nearly 3 Years
The Pakistani rupee continued its steady performance against the US dollar, closing at Rs276.97 in the interbank market on Monday.…
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Pakistani Rupee Gains Again as Dollar, Euro and Pound Decline
The Pakistani rupee continued its positive run against major international currencies on Friday, October 2, with the local currency recording…
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Pakistani Rupee Extends Winning Streak Against US Dollar for 249th Consecutive Day
The Pakistani rupee continued its steady performance against the US dollar on Monday, marking its 249th consecutive trading day in…
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Pakistani Rupee Extends Winning Streak, Closes at 277.16 Against Dollar
The Pakistani rupee continued its gradual recovery against the US dollar on Friday, extending its positive streak to 248 consecutive…
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UAE Company Gets CCP Approval to Acquire Shares in Masood Textile Mills
The Competition Commission of Pakistan (CCP) has approved the acquisition of shareholding in Masood Textile Mills Limited by UAE-based Velora…