KARACHI: Pakistan’s currency has hit an all-time low against a basket of currencies of trading partner countries, falling to 84.6 on the index in February, as the market-based exchange rate…

Karachi Kings faced their sixth defeat in HBL PSL 8 in Rawalpindi on Friday, while squaring off against Islamabad United. President of Karachi Kings, Wasim Akram, was seen engaged in…

KARACHI: Pakistani rupee nosedived Rs9.11 (or 3.8%) to all-time low at Rs240 against the US dollar in the interbank market on Thursday. The latest fall comes as the government ended…

KARACHI: The currency dealers have unanimously decided to stop artificially keeping rupee overvalued against US dollar in open market and let the rupee-dollar exchange rate depreciate to its actual value.…

LONDON: Crypto exchange FTX filed for US bankruptcy protection on Friday and its founder Sam Bankman-Fried resigned as chief executive, after the biggest blowup in the crypto industry drew calls…

DERA ISMAIL KHAN: Two Pakistani soldiers embraced martyrdom during an exchange of fire that took place between Pakistan Army troops and terrorists in Dera Ismail Khan’s Darazinda District, the Inter-Services…

LAHORE: The foreign exchange reserves maintained by the State Bank of Pakistan (SBP) have been declining since August 2021 and touched around $8 billion in the last week of September…

KARACHI: The International Defence Exhibition and Seminar (IDEAS) is all set to roll out its 11th edition from November 15 to 18 at the Karachi Expo Centre. The four-day leading…

KARACHI: The International Defense Exhibition and Seminar (IDEAS) is all set to roll out its 11th edition from November 15 to 18 at the Karachi Expo Centre. The four-day leading…

KARACHI: Pakistan’s central bank intervenes in the inter-bank market when it suspects market forces are unnecessarily undervaluing or overvaluing the rupee beyond its fair value against the dollar. “When the…