dips
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Headline inflation dips to 6.9% in Sept, lowest since 2021
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[ad_1] A customer buys rice at a wholesale shop in Karachi on June 8, 2023.— AFP Pakistan’s Consumer Price Index (CPI) inflation slumped to 6.9% year-on-year in September, its lowest since January 2021 and down from 9.6% in August, data…
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PSX dips below 73,000 barrier ahead of budget announcement | The Express Tribune
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[ad_1] The Pakistan Stock Exchange (PSX) experienced a significant downturn falling by 572 points, causing the index to drop below the 73,000-point barrier. The KSE-100 Index closed at 72,679 points. Inflation, current state of global markets, and the country’s political…
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Rupee dips to one-month low | The Express Tribune
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[ad_1] KARACHI: Pakistani currency hit a one-month low at Rs278.47 against the US dollar in the inter-bank market on Wednesday, extending its losing streak for the third consecutive day in the wake of higher demand for the greenback. According to…
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Oil dips on report of US-Venezuela deal | The Express Tribune
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[ad_1] HOUSTON: Oil futures fell on Monday on a report the US and Venezuela could soon reach a deal to ease sanctions on Venezuela if a presidential election date is set, while traders see the Israel-Hamas conflict not affecting crude…
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Oil dips on worries about Chinese demand | The Express Tribune
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[ad_1] LONDON: Oil prices fell slightly on Tuesday as investors remained focused on the likelihood that China’s economic malaise will keep hobbling demand from the world’s top crude importer. Brent crude was down 36 cents at $84.10 a barrel by…
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Oil dips but on track for fifth week of gains | The Express Tribune
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[ad_1] NEW YORK: Oil prices edged lower on Friday, but were on track for a fifth straight week of gains as investors were optimistic that healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets…
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Rupee dips to six-week low | The Express Tribune
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[ad_1] KARACHI: Weighed down by weak economic fundamentals, Pakistani rupee dipped to a six-week low at Rs223.17 to a dollar in the inter-bank market on Friday as importers were unsure whether the flow of the greenback would improve in the…
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Rupee dips to new low on delay in IMF programme | The Express Tribune
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[ad_1] KARACHI: Pakistani currency maintained its journey towards south, as it lost another 0.74% (or Rs1.51) and touched a new all-time low at Rs203.38 against the US dollar in the inter-bank market on Monday due to renewed uncertainty about the…
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Rupee dips to new record low | The Express Tribune
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[ad_1] KARACHI: Pakistan’s currency became highly volatile on Tuesday, as it dropped 1.37% (or Rs2.77) to close at an all-time low at Rs202.83 against the US dollar in the inter-bank market in the wake of mounted pressure of import payments…
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Oil jumps to 7-week high, then dips on supply hopes | The Express Tribune
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[ad_1] NEW YORK: Oil prices jumped above $115 a barrel on Tuesday, their highest in about seven weeks, as the European Union kept pushing for a ban on Russian oil imports that would tighten supply. Prices retreated and were slightly…
