Tue, 21-Oct-2025

Rupee falls for second straight day against dollar

Rupee

KARACHI: The rupee fell for the second straight day against the dollar on Friday as Russian attacks on Ukraine intensified. The rupee fell 72 paisas against the dollar to close at Rs177.11 from previous day’s closing of Rs176.39 in the interbank foreign exchange market. The Russian invasion of its neighbouring country escalated the oil prices … Read more

White on rice

rice

Karachi: Pakistan, a rice producing country, is under severe duress due to its plan to initiate barter trade of rice against the liquefied petroleum gas (LPG) with Iran, which is facing several sanctions from the US and other international donors due to its stand on nuclear issue. The donor agencies are also putting pressure on … Read more