Category: 3. Business
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Gold Rate in Pakistan Surged By Rs 500 Per Tola!
Gold Rate in Pakistan Surged By Rs 500 Per Tola! The gold rate in Pakistan saw a slight increase at the week’s start due to a rise in global prices. Silver prices remained steady at Rs 2850 per tola and Rs 2,443.41 per 10 grams in Pakistan. Gold prices have been fluctuating due to market…
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Dollar rate in Pakistan today, June 24 2024
ISLAMABAD: Pakistan Rupee on Monday lost 11 paisa against the US Dollar in the interbank trading and closed at Rs 278.62 against the previous day’s closing at Rs 278.51. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market, however, were Rs 277.6 and Rs…
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Pakistan see hike in LPG prices
The price of liquefied petroleum gas (LPG) has been increased by Rs50 per kilogramme, Irfan Khokhar, Chairman of the LPG Distributors Association said Monday. The Oil and Gas Regulatory Authority (OGRA) had set the official price at Rs234.60 per kg, but the market price has soared to Rs280-285 per kg. Following the price hike, the…
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Gold Price in Pakistan Nudges Up Slightly
The price of gold in Pakistan rose by Rs. 500 per tola on Monday. According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) rose by Rs. 500 per tola to Rs. 242,000, while the price of 10 grams went up by 429 to Rs. 207,476. The Sarafa Association said…
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Rupee records marginal loss against US dollar – Markets
The Pakistani rupee registered a marginal loss against the US dollar, depreciating 0.04% in the inter-bank market on Monday. At close, the local unit settled at 278.62, a loss of Re0.11 against the greenback. During a shortened previous week, the rupee had remained unchanged against the US dollar as it closed at 278.51, the same…
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Rupee shed 11 paisa against Dollar
ISLAMABAD, Jun 24 (APP): Pakistan Rupee on Monday lost 11 paisa against the US Dollar in the interbank trading and closed at Rs 278.62 against the previous day’s closing at Rs 278.51. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market, however, were Rs…
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Rupee Abruptly Falls Against US Dollar, Other Major Currencies
The Pakistani rupee (PKR) began the final week of June with losses against the US Dollar today after opening trade at 278 in the interbank market. It was bearish all day and closed in red against the greenback. It posted losses against all of the other major currencies during today’s session. The interbank rate stayed…
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Millat Tractors Denies Reports of Being Fined Rs. 5.4 Billion for Sales Tax Audit Discrepancy
Millat Tractors Limited (PSX: MTL) has denied media reports about being fined Rs. 5.4 billion in sales tax audit discrepancy, saying that the news has been misreported, the tractor manufacturer informed Pakistan Stock Exchange on Monday. “This refers to a recent news published in the local english daily regarding the imposition of a fine on…
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KIA Sportage Latest Price in Pakistan After Budget 2024–25
KIA Sportage Latest Price in Pakistan After Budget 2024–25 The government is considering a significant increase in withholding tax for new car purchases, which may not just be a fixed amount but a percentage-based raise impacting cars from under 850 cc to 2000 cc engine capacities. The locally manufactured KIA Sportage stands out in its…
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Oil edges higher as demand expectations offset dollar strength – Markets
LONDON: Oil prices firmed slightly on Monday as traders weighed support from expected summer demand and geopolitical tensions against a stronger dollar. Brent crude futures were up 15 cents, or 0.2%, at $85.39 a barrel by 0850 GMT. US West Texas Intermediate crude futures were at $80.86 a barrel, up 13 cents, or 0.2%. Both…