Tue, 21-Oct-2025

Rupee slides for third straight day on record oil prices hike

Pakistani rupee

KARACHI: The rupee fell for the third straight day against the dollar on Thursday as oil prices in the international markets jumped to the 8-years high. The exchange rate recorded 21 paisas decline in the rupee value to close at Rs177.83 to the dollar from previous day’s closing of Rs177.62 in the interbank foreign exchange … Read more

Dollar touches new peak of Rs178.24

Govt finalises plan to borrow $5bn from Russia, China, Kazakhstan

KARACHI: The dollar recorded a gain of five paisas against the rupee on Wednesday and touched the new high of Rs178.24 in the interbank foreign exchange market, dealers said. A day ago, the exchange rate ended at Rs178.19 against the dollar, which was the previous record high of the greenback. The dealers said the dollar … Read more

Govt All Set To Launch Khewra Salt In International Markets

Govt All Set To Launch Khewra Salt In International Markets

Pakistan is on the point of achieving significant success in the global salt trade as the local rock salt ‘Khwera’ is about to be registered with the international trade bodies. According to the details, after this move, Indian traders will not be able to sell Pakistani rock salt Khwera as ‘Himalayan Pink Salt’. The Federal … Read more

Brent Crude Prices break below $40 per barrel after 6 cents decrease

Nadeem Babar

Oil prices dipped further on Wednesday as the global health crises of coronavirus continue to rise in India, Great Britain, Spain, and several parts of the United States, where the infection rate has not come under control for months. According to the details, Brent crude prices in the international market were down 16 cents and … Read more