Tue, 21-Oct-2025

Rupee falls 63 paisas on surging international oil prices

Rupee

KARACHI: The rupee fell sharply by 63 paisas against the dollar on Monday as oil prices touched $140 per barrel in the international market, dealers said. The rupee ended at Rs178.13 to the dollar from last Friday’s closing of Rs177.50 in the interbank foreign exchange market. The local currency is heading towards the all-time value. … Read more

Pakistan’s economy keeps recovering in FY22: SBP governor

raza baqir

KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir said that the national economy is poised to witness a continued recovery in FY22 given the resilience in the economy and the measures taken during Covid-19 pandemic situation to support the businesses and people. The recovery could already be seen in the more than expected … Read more