Tue, 21-Oct-2025

Rupee falls for third straight day

rupee

KARACHI: The Pakistani rupee continued its fall for the third straight day against the dollar as the global crude oil prices rose. The rupee declined 26 paisas to end at Rs176.98 against the dollar on Wednesday, against the closing of Rs176.72 on Tuesday in the interbank foreign exchange market. The dealers said that the dollar … Read more

Pakistan spends Rs144b on mobile phones import

mobile phones

Pakistan has spent Rs144 billion for the import of mobile phones during the first five months (July-November) of the current fiscal year. The spending on imports of mobile phones recorded a sharp increase of 21 per cent, compared with Rs119.22 billion in the corresponding period of the last fiscal year. The massive rise in mobile … Read more

LTO Karachi registers 53% increase in July-November collection

LTO

KARACHI: The Large Taxpayers Office (LTO), Karachi has registered a sharp increase of 53 per cent during the first five months (July-November) of the fiscal year 2021/22, owing to a significant rise in the collection of both direct and indirect taxes. According to the official numbers made available to BOL News, the net collection of the … Read more

Pakistan’s FDI rises to $798 million in five months

FDI

KARACHI: The inflows of foreign direct investment (FDI) into Pakistan has increased 12.3 per cent to $798 million during the first five months (July-November) of the fiscal year 2021/22, the State Bank of Pakistan (SBP) reported on Friday. The FDI during the same months of the last year stood at $710 million, according to the … Read more

Pakistan earns $140.994 million from travel services’ export in three months

Pakistan earns $140.994 million from travel services’ export in three months

ISLAMABAD: Pakistan earned $140.994 million by providing different travel services in various countries during the first three months of the current financial year 2021/22. This shows the growth of 71.73 per cent, compared with the $82.100 million of same services provided during the corresponding period of the last fiscal year 2020/21, the Pakistan Bureau of … Read more