The Pakistani rupee reversed Friday’s gains against the US Dollar after opening trade at 278 in the interbank market.

It was largely stable against the greenback and other major currencies today.

The interbank rate stayed at 278.75 most of the day …

The price of gold in Pakistan fell by Rs. 3,500 per tola on Monday as geopolitical tensions in the Middle East eased.

According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) decreased by Rs. 3,500 per tola to Rs. 24…

The Securities and Exchange Commission of Pakistan (SECP) has imposed some restrictions on the modaraba companies for the authentication of their statements of financial position.

In this regard, the SECP has directed modaraba companies to ensure th…

IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services increased by around 17.37 percent during the first eight months (July-March) of the current fiscal year 2023-24 and remained $2.283 billion com…

The Federal Board of Revenue (FBR) has seized 1,235 packerites of cigarettes having an approximate value of Rs. 96 million during a major enforcement operation across the country.

The IR Field Formations of FBR, during counter-evasion operations, co…

Pakistan and Iran have decided to increase the trade volume between the two countries to $10 billion, Iranian President Ebrahim Raisi said Monday.

Addressing a joint press conference alongside Prime Minister Shehbaz Sharif after the two held a meeti…

Pakistan’s Real Effective Exchange Rate (REER) increased by 1.97 percentage points to 104.07 in March 2024, according to data released by the State Bank of Pakistan (SBP) on Monday.

According to the latest monthly data released by the central bank, …

The Securities and Exchange Commission of Pakistan (SECP) has officially registered The Bank of Punjab’s (PSX: BOP) exchange company.

‘We are now pleased to inform you that subsequent to the issuance of above referred NOC from the State Bank of Paki…

The Competition Commission of Pakistan (CCP) has granted approval to the share acquisition of a Pakistani food company by four acquirers including a Singapore-based investment holding company.

The approved transaction involves the acquisition of a 2…

Bank Alfalah Limited (PSX: BAFL) through its manager to the offer has made a public announcement of intention to buy an 84.5 percent stake in Samba Bank Limited (Samba), the bank informed the main bourse.

‘Arif Habib Limited, Manager to the Offer, h…