Affairs

Banks to Remain Closed on Thursday

The State Bank of Pakistan (SBP) will remain closed on November 9 (Thursday).The State Bank of Pakistan will remain closed on Thursday (November 09) being a public holiday on the occasion of Allama Iqbal Day, as declared by the Government of Pakistan, …

Affairs

KSE-100 Breaks All Previous Records to Hit All-Time High

The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 soared to an all-time high on Monday, surging past the previous record of 53,123.After opening trade at 53,123 points, the benchmark KSE-100 index went up by 1.5 percent or 792 points at 3:20 …

Affairs

Rupee Loses Big Against Major Currencies

The Pakistani rupee fell 11th day in a row against the US Dollar today after opening trade at 282 in the interbank market.At 11:30 PM, it was bullish, treading the 278 level against the greenback.Later, the interbank rate dropped below the 285 level be…