KARACHI (92 News) – The dollar price reached all-time high of Rs157 after gaining Rs1.16 in the interbank market on Monday. According to the reports, US dollar continued its upward trajectory against Pakistan rupee. The US dollar weakened by Rs1.16 against the Pakistani rupee in the interbank market on Monday to be traded at Rs157. … Read More
KARACHI (92 News) – The Pakistan stock exchange (PSX) plunged a massive 816 points on Monday, a day after the government announced $6 billion International Monetary Fund (IMF) bailout package, with the benchmark KSE 100 losing 2.3 per cent during intra-day trading and cementing fears that investor sentiments remain bleakly uncertain. It is worth mentioning … Read More
KARACHI (92 News) – The Pakistan Stock Exchange (PSX) hit a three-year low on Wednesday as the KSE-100 Index, a gauge to measure market performance, dropped by 550 points. The benchmark index of the PSX closed deep in the red today, ending the day 550.65 points or 1.51% lower at 36,579 points—close to its three-year … Read More
KARACHI (92 News) – Variation in the US dollar against the rupee continued as the market opened on Monday. US dollar increased by Rs 1.50 in interbank market and was being traded at Rs134 after closing at Rs131.93, whereas the US dollar increased Rs0.70 in open market and was being traded Rs133. On the other … Read More
KARACHI (92 News) – The value of the dollar against the rupee decreased by Rs5.86 in the interbank market while Rs 4 in open market as China granted a $2-billion loan to Pakistan. According to the details garnered, exchange currency association also confirmed the news that after a period of 4 years, a prominent decline … Read More
KARACHI (92 News) – The Pakistan Stock Exchange (PSX) crossed a record of 41,000 points in 100-index on Monday and sustained the same on Tuesday. The Karachi Stock Exchange 100-index closed on 41,123 points with an addition of 123 points. This is the first time in history that the PSX reached this high on 100-index.