Business | Jasarat

Pakistan receives first tranche of IMF loan

Pakistan has received the first tranche of loan of $991.4 million from the International Monetary Fund (IMF) under the under Extended Fund Facility (EFF)...

EXCLUSIVE: Poor can’t buy second-hand garments from ‘Lunda Bazaar’ after 10pc...

KARACHI: People from low-income groups now cannot even buy used clothing, shoes and other items imported from Europe and the US after sharp increase...

Inflation reaches new heights as new month begins

KARACHI: The month of July also ushered in a steep rise in inflation across the country. The recent hike in taxes paved way for inflation...

US dollar shoots to Rs164.05 in interbank market as upward trajectory...

he US dollar on Thursday continued to soar against the Pakistani rupee, reaching a new all-time high of Rs164.05 in the interbank market and...

US dollar jumps Rs164.5 in interbank market

KARACHI: The US dollar continued to soar against the Pakistani rupee, reaching a new all-time high in the interbank market on Thursday. The US dollar...

US dollar reaches Rs160 in interbank market

 US dollar reached Rs160 in the interbank market on Wednesday. The US dollar rose by Rs2.2 at the start of the trading. The rupee has been...

US dollar continues its upward trajectory against Pakistan rupee

KARACHI: The start of the trading week saw the US dollar continue to gain strength against the Pakistani rupee. The US dollar weakened by Rs1.16...

Govt unveils austerity budget with Rs1.12tn in additional taxes

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) led federal government on Tuesday unveiled a Rs7,022 billion austerity budget for the fiscal year 2019-20, setting ambitious tax...

Dollar jumps to Rs150.4 in interbank

The US dollar on Monday firmed against the Pakistani rupee, gaining Rs1.50 in the interbank market to Rs150.40. The greenback also gained in the open...

Govt to present budget on Tuesday

ISLAMABAD: The incumbent government, led by the Pakistan Tehreek-i-Insaf, is going to present its first federal budget for the fiscal year 2019-20, with an...