Inflation rose further to 1.42% weekly across the country. According to the statistics, during one week, live chicken became more expensive at Rs 28.26 per kg, lentils at Rs 14.88, gram lentils at Rs 6.54 and mash lentils at Rs 5.18 per kg while a 20 kg bag of flour at Rs 54.62 with the increase مزید پڑھیں

The National Electric Power Regulatory Authority (NEPRA) will hold the hearing on petition to increase the price of electricity in the context of April’s monthly fuel adjustment on May 31. While an increase of Rs. 4.5 is expected in electricity price. The Central Power Purchasing Agency has filed petition to increase the price of electricity مزید پڑھیں

The price of 24 karat per tola gold witnessed a decrease of Rs50 and was sold at Rs 138,350 on Thursday against its sale at Rs138,400 in the local market. The price of 10 gram 24 karat gold also decreased by Rs 43 and was sold at Rs 118,613 compared to its sale at Rs118,656 مزید پڑھیں

Enduring the rough patch amid weakening macros has kept the dollar demand elevated as the Pakistani rupee (PKR) has lost 1.61 rupees in early trade. Economic crisis has deepened because of the continuous climb in value of dollar against Pakistani rupee. Since the arrival of the new government dollar at interbank has been up by مزید پڑھیں

Pakistan has started talks with the International Monetary Fund (IMF) in Doha to strike a staff-level agreement for the release of a $1 billion tranche under the Extended Fund Facility (EFF), the Ministry of Finance confirmed Wednesday. The ministry confirmed on Twitter that talks with the IMF mission started today. “Talks with the IMF Mission مزید پڑھیں

The Pakistani rupee touched a critical threshold of 200 in the open market against the US dollar during intraday trading after shedding Rs2 on Wednesday. Meanwhile, in the interbank market, the local currency continues to be on slippery ground and with a fresh decline of Rs2.1 plunged to yet another historic low of Rs199 against مزید پڑھیں

The International Monetary Fund will begin talks with Pakistani officials on Wednesday over the release of crucial funds. Pakistan has repeatedly sought international support for its economy, which has been hit by crippling national debt, galloping inflation and a plummeting rupee. The talks will be held in the Qatari capital Doha, Pakistan s finance ministry said, مزید پڑھیں

Pakistani rupee continued to tumble against the US dollar, breaching yet another important threshold of 196 the interbank market to hit its weakest level on Tuesday. Maintaining its downturn for the eighth successive working day, the Pakistani rupee was being traded at Rs196.22 against the greenback during intraday trading surpassing its last day’s record low مزید پڑھیں

Asian stocks rose Tuesday despite a lukewarm lead from Wall Street after weak Chinese economic data showed the deep cuts of Beijing’s zero-Covid policy and added to inflation worries. China has persisted in its strict zero-Covid policy to stamp out an Omicron-fuelled wave, ordering lockdowns in various cities and shuttering factories and ports. The impact مزید پڑھیں

Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the European Union preparing to phase in a ban on imports from Russia. Brent crude futures were down 64 cents, or 0.6%, at $110.91 a barrel at 0137 GMT, مزید پڑھیں