KARACHI: The rupee fell to the historic low at Rs178.61 to the dollar on Tuesday amid a surge in the commodity prices in the international market and rising domestic demand for the holy month of Ramazan. The rupee previously witnessed the all-time low of Rs178.24 on December 29, 2021. The exchange rate ended at Rs178.61 … Read more
BEIJING: A delegation from the China Petroleum Pipeline Engineering Company (CPP) and China Zhenhua Import and Export Company called on Pakistan’s Ambassador to China Moin ul Haque at the embassy. Led by Qi Huang, general manager of CPP, and comprising senior executives from China Zhenhua, the delegation discussed their plan to invest in the development … Read more
KARACHI: Pakistan’s oil sales have increased 18 per cent Year-on-Year (YoY) in the fiscal year 2020/21 to 19.4 million tonnes, showing a sharp recovery, compared with the last year, which witnessed a decline of 12 per cent YoY due to the Covid-19-linked lockdowns. According to a report of Topline Research, motor spirit sales reached an … Read more
