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Inflation rises to 48-year high as IMF visits | The Express Tribune
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[ad_1] KARACHI: Inflation has risen to a 48-year high in crisis-hit Pakistan, where the International Monetary Fund is visiting for urgent talks, according to data released on Wednesday by the statistics bureau. Year-on-year inflation in January 2023 was recorded at 27.55…
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Inflation rises to 48-year high as IMF visits | The Express Tribune
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[ad_1] KARACHI: Inflation has risen to a 48-year high in crisis-hit Pakistan, where the International Monetary Fund is visiting for urgent talks, according to data released on Wednesday by the statistics bureau. Year-on-year inflation in January 2023 was recorded at 27.55…
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Gold soars to new life high of Rs210,500 per tola
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[ad_1] People buy jewellery at a jewellery store in Amritsar on October 22, 2022. — AFP/File Pakistan’s gold market opened the week on a whopping note to hit a new high Monday as the rupee bled more value on the…
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SBP raises key interest rate to 25-year high of 17%
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[ad_1] State Bank of Pakistan Governor Jameel Ahmad addresses a press conference in Karachi on January 23, 2023. — AFP KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday raised the key interest rate by…
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World food prices hit record high in 2022
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[ad_1] A woman shops for groceries at a supermarket in Monterey Park, California on October 19, 2022. — AFP PARIS: World food prices fell for a ninth month in a row in December, though they hit their highest level on…
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Gold price retreats from all-time high in Pakistan
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[ad_1] An undated image of a woman holding gold bangles. — AFP/File Gold prices snapped their 12-day-long gaining streak on Friday as investors holding long positions took profits, however, the outlook remained bullish with rates hovering near a record peak….
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Gold hits all-time high in Pakistan as economic woes spur buying frenzy
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[ad_1] — AFP Gold prices in Pakistan surged to a record high as people took refuge in the safe-haven metal on mounting concerns that the nation’s economic condition conditions will deteriorate further. For the first time in the history of…
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Gold jumps to historic high in Pakistan as investors seek safe investment
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[ad_1] A representational image of gold bars. — AFP/File Gold prices reached historic highs as the rupee continued to lose ground against the dollar. The liquidity crunch has increased safe-haven buying in the local market. The price of precious metal…
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Gold hits new high of Rs170,900 per tola in Pakistan on safe-haven buying
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[ad_1] An image of gold necklace showcased in a jewellery shop. — AFP/File Amid constant depreciation of rupee against the US dollar, gold and silver continued to shined in Pakistan, rising to their all-time high levels on Wednesday. Gold prices…
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Gold races back to fresh high of Rs170,800 per tola in Pakistan
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[ad_1] A customer holds gold jewellery at a jewellery showroom on May 3, 2022. — AFP/File In line with a massive surge in the international market, the gold price jumped by Rs2,000 per tola in Pakistan, surpassing a major threshold…
