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Rupee once again hits 203-mark against dollar in interbank
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[ad_1] AFP/file KARACHI: In the first trading session after the budget 2022-23, the Pakistani rupee continues to fall and again surpassed the 203-mark by losing 65 paise in the interbank trade on Monday. Earlier, in view of the high…
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US gas price hits a record $5 a gallon: auto group
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[ad_1] — AFP NEW YORK: The average price of premium gasoline at the pump has surpassed $5 a gallon for the first time in the United States, the American Automobile Association (AAA) reported Saturday. That record level, coming on top…
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India rupee hits record low amid sustained rise in global crude | The Express Tribune
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[ad_1] MUMBAI: The Indian rupee hit a record low against the US dollar on Thursday as the relentless surge in global crude oil prices raised concerns about a sustained rise in imported inflation, while choppy domestic shares also hurt. The partially…
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High production cost hits glass maker | The Express Tribune
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[ad_1] KARACHI: Pakistan’s corporate sector has reported the first casualty of a spike in cost of production in the country, as a four-decade old glass manufacturing firm announced on Monday to temporarily suspend production of tableware glass due to “increase…
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Rupee hits another historic low of Rs195.5 against dollar
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[ad_1] Photo: AFP/File KARACHI: Pakistani rupee on Tuesday maintained its downward streak against the US dollar, breaching yet another important threshold of 195 the interbank market to hit its weakest level. In line with the prevailing trend over the last…
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Rupee continues to sink against USD, hits historic low of 193 | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee continued its nosedive against the US dollar on Friday, for the fifth consecutive working day, as it declined by 0.64% (Rs1.23) to a new historical low, reaching Rs193 against the greenback in the inter-bank market….
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Pakistani rupee continues to be on slippery ground, hits new historic low
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[ad_1] A currency dealer counting Rs1,000 notes while a stack of $100 is placed Photo: file KARACHI: The Pakistani rupee on Thursday broke all previous records against the US dollar and dropped to an all-time low of Rs191.75 in the…
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KIBOR rate hits 13-year high | The Express Tribune
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[ad_1] KARACHI: The commercial banks’ benchmark lending rate Kibor hit a 13-year high at 14.10% on Tuesday, in anticipation of a further spike in inflation reading, as the new PML-N coalition government is considering withdrawing subsidies on energy products to…
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World’s airline capacity hits 2022 high | The Express Tribune
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[ad_1] WASHINGTON: Global airline capacity has surged to its highest level in 2022 this week because of a rebound in Chinese domestic demand despite extended lockdowns in Asia’s biggest aviation market, travel data firm OAG said on Tuesday. Asian jet…
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Argentina annual inflation hits 55% | The Express Tribune
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[ad_1] BUENOS AIRES: Argentina’s monthly inflation rate soared to 6.7% in March, the government said on Wednesday, far above forecasts and the highest level in two decades as spiraling food and fuel prices dent the value of salaries and savings….
