Imran calls Fazl ur Rehman a 'magnet drawn to power'

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Dollar being traded at RS 130 in open market: Currency dealers

KARACHI: According to local currency dealers, the US Dollars touched a record high of Rs130 in the open market on Friday, gaining a further Rs0.30 as it is climbing against the Pakistani rupee. The latest weakening in the rupee comes... read more

Pakistan’s current deficit sparks to its highest point S18bn: SBP

PAKISTAN: The country is facing $18bn current account deficit (CAD) after the six months of fiscal year, started in July 2017, as compared to $14.4billion of the same period last year, the State Bank of Pakistan (SBP) reported on Thursday The... read more

Yuan plummets against the U.S. dollar after Trump’s comments

SHANGHAI (Reuters) - China’s yuan bounced back from more than one-year lows against the U.S. dollar on Friday afternoon, after traders said major state banks sold dollars to prop up the fragile Chinese currency which has been roiled by a... read more

Xi visits Abu Dhabi after China inks deals with UAE

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PSX lands in green as benchmark index gains 897 points

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Pakistan Stock Exchange appoints Sulaiman S Mehdi as its new chairman.

KARACHI: Sulaiman S Mehdi has been appointed as the new chairman of Pakistan Stock Exchange (PSX), decided in the board meeting chaired on Thursday. After the dismissal of former Chairman Hussain Lawai over his connection with money laundering case, the... read more

Dollar being traded at Rs129.50 in open market

KARACHI: On Thursday, the value of US dollar hit a high of Rs128.48 in interbank trading while Rs129.50 in open market after an increase of 48 paisa in interbank market and 50 paisa in open market respectively. This hike in dollar... read more

Amazon’s stock market value reaches $900bn, endangers Apple’s market value

SAN FRANCISCO: Amazon.com’s stock market value reached $900 billion on Wednesday for the first time, marking a major milestone in its 21-year trajectory as a publicly listed company and threatening to dislodge Apple as Wall Street’s most valuable jewel. After... read more

Imran calls Fazl ur Rehman a ‘magnet drawn to power’

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