demand
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Power tariff hiked on IMF demand: Shehbaz | The Express Tribune
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[ad_1] LAHORE: Prime Minister Shehbaz Sharif said on Saturday electricity tariff hike was a condition of the International Monetary Fund (IMF), and stressed that the country would have to take the loan programme seriously and benefit from it. Speaking during…
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With high demand, gold hits new peak | The Express Tribune
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[ad_1] KARACHI: Gold hit a new all-time high at Rs219,500 per tola (11.66 grams) on Saturday owing to speculation that demand for the safe-haven asset had remained high. All Pakistan Saraf Gems and Jewellers Association (APSGJA) reported that the bullion…
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Global oil prices dive amid reduced demand
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[ad_1] Pumpjacks photographed in the Montebello Oil Field in California, on February 23, 2022. — AFP LONDON: Global oil prices plunged Wednesday over China demand concerns and European gas prices sank to their lowest levels since November 2021 as mild…
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Pakistan rupee flat as demand outstrips dollar supply
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[ad_1] A money dealer talks to customers holding two phone receivers to both his ears as he displays $100 banknotes at a foreign exchange company. —AFP/File KARACHI: Pakistan’s rupee Friday ended flat against US currency, mostly owing to corporate demand…
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Rupee continues to weaken against greenback amid high dollar demand
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[ad_1] Currency dealers exchanging Rs1,000 notes. — AFP/File KARACHI: In line with the increasing demand for the US dollar from importers due to import payment pressure, the Pakistani rupee continued to depreciate against the US dollar on Wednesday in the…
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Rupee rout enters third day as dollar demand rises
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[ad_1] A currency dealer can be seen counting $100 notes. — AFP/File KARACHI: Pakistan’s rupee’s retreat entered its third day in the interbank market as it eased by Re0.22 or 0.10% versus the dollar to close at 221.91 compared to…
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Rupee snaps 3-day winning streak as demand strengthens dollar
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[ad_1] KARACHI: Rupee snapped its three-day rally Friday as dollar demand for import payments mounted pressure on the local currency. The rupee closed at 221.64 after a downtick of Rs0.22 or 0.1% versus the greenback in the interbank market, according…
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Gold price surges to Rs148,400 per tola in Pakistan on high demand
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[ad_1] A representational image of gold bars. — AFP/File KARACHI: Gold continued to shine as it once again surpassed the psychological threshold of Rs148,000 per tola amid high demand in the domestic market on Tuesday. As per the All Pakistan…
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Oil demand sinks by 22% to 1.5m tons | The Express Tribune
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[ad_1] KARACHI: The demand for petroleum products declined by a notable 22% to 1.52 million tons in September 2022, compared to the same month last year, as record-high prices and the cataclysmic floods restricted economic activities from resuming. Due to…
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Exporters demand competitive tariffs | The Express Tribune
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[ad_1] KARACHI: Textile exporters on Thursday called on Prime Minister Shehbaz Sharif to take effective measures for sustainable growth of the industry, continue providing regionally competitive energy tariffs, fix concessionary rates of other utilities and manage exchange rates of the…
