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Rupee hits new 5-month high at 278.74/$ | The Express Tribune
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[ad_1] KARACHI: The Pakistani currency edged up to a new over five-month high at Rs278.74 against the US dollar in the interbank market, maintaining an uptick for the third consecutive working day, fuelled by relatively better supply of the greenback…
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Rupee rises to 4-1/2-month high vs dollar | The Express Tribune
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[ad_1] KARACHI: Pakistani currency on Friday hit a four-and-a-half-month high at Rs279.04 against the US dollar in the inter-bank market where it extended its uptrend for the second consecutive day. The latest, meaningful increase in the rupee value came in…
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Rupee falls slightly from 4-month high | The Express Tribune
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[ad_1] KARACHI: The stabilising Pakistani currency on Friday slightly depreciated to Rs279.19 against the US dollar in the inter-bank market, coming down from over four-month high in the wake of a decline in the central bank’s foreign currency reserves below…
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SPI rises to 7-week high amid gas price surge | The Express Tribune
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[ad_1] KARACHI: Pakistan’s inflation rose to a seven-week high at 1.27% in the week ending February 29, primarily due to the recent significant increase in gas prices by the government, which greatly influenced the short term inflation figures. The weekly…
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Bank financing hits record high | The Express Tribune
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[ad_1] design: mohsin alam KARACHI: Pakistan’s commercial banks have continued to freely lend to the cash-strapped government at elevated rates of return, taking their financing to a record high of 93% of total deposits in January 2024. According to data…
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CAD at 6-month high as outflows rise | The Express Tribune
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[ad_1] Country-wise major outflow was witnessed from China ($225 million) and sector-wise major outflow witnessed in the power sector ($243 million) in January 2024. Photo: afp KARACHI: Pakistan’s balance of the current account failed to stay in surplus for the…
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IMF loan uncertainty very high | The Express Tribune
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[ad_1] KARACHI: Moody’s Investors Service has given a “credit negative” signal to Pakistan in the face of prolonged political ambiguity and social tensions over election results, which will make it tough to approach the IMF for a new programme, weaken…
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Debt burden surges to record high of Rs81.2 trillion | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s total debt and liabilities have peaked at Rs81.2 trillion – a figure that grew at a faster pace of over 27% during the past year, posing emergent management challenges to the newly elected government. The bulletin released…
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Valentines Day spending expected to reach record high in US
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[ad_1] A couple holding a gift. — Pixabay Valentine’s Day is a day of love when couples express their affection towards each other with greetings and presents. It is annually celebrated on February 14. Couples celebrate the day with the…
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Rupee hits 10-week high against US dollar | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee strengthened to almost Rs281.50 against the US dollar, achieving a 10-week high in the interbank market on Friday. The uptrend continued for the third consecutive working day, with a notable boost in foreign currency inflows…
