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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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Rupee sinks to record 197 against USD in inter-bank market | The Express Tribune
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[ad_1] KARACHI: The Pakistani rupee on Tuesday suffered a significant drop of 1.5% and plunged to Rs197 against the US dollar in the inter-bank market. The fall of the rupee marks the eighth consecutive day of its sink, culminating in…
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Oil imports hit record at $2.2b in April | The Express Tribune
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[ad_1] KARACHI: Pakistan’s energy import bill hit a record high at $2.22 billion in April 2022, as the growth in demand was emerging partly from “speculative fuel buying” ahead of the likely decision by the government to increase petroleum prices….
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Rupee slumps to new record low | The Express Tribune
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[ad_1] KARACHI: Pakistani currency maintained its downturn for the seventh successive working day, as it nosedived to a new all-time low at over Rs194 against the US dollar in the interbank market on Monday. The government kept delaying required measures…
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Wheat prices hit record high after India export ban
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[ad_1] In this file photograph taken on April 12, 2022, an Indian farmer poses as he harvests wheat crop in a field on the outskirts of Amritsar, in the northern Indian state of Punjab. -AFP PARIS: Wheat prices surged to…
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Remittances hit record high | The Express Tribune
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[ad_1] KARACHI: Beating the market expectations, workers’ remittances sent home by overseas Pakistanis have surprisingly surpassed the $3 billion mark in a month for the first time in history, apparently to support their family members to spend more during Ramazan…
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Gas prices hit new record in US
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[ad_1] Customers pump gasoline into their cars at a gas station in the Bronx, on June 1, 2018, in New York. — AFP WASHINGTON: US gas prices reached a record high Tuesday, as President Joe Biden said fighting inflation is…
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PSX posts record high profit of Rs320b | The Express Tribune
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[ad_1] KARACHI: Top 100 companies listed at Pakistan Stock Exchange (PSX) have cumulatively posted a record high profit of Rs320 billion in the quarter ended March 31, 2022 on the back of sharp increase in commodity prices and a notable…
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Stock market stages record surge | The Express Tribune
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[ad_1] KARACHI: Bulls charged at the Pakistan Stock Exchange in the outgoing week and propelled it upward by the largest margin in the past two years as market players widely cheered an end to the prolonged political drama with the…
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Food prices hit record high in March | The Express Tribune
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[ad_1] PARIS: World food prices jumped nearly 13% in March to a new record high as the war in Ukraine caused turmoil in markets for staple grains and edible oils, the UN food agency said on Friday. The Food and…
