State bank of Pakistan hike interest rate by 17 Percent
(Infosette News) KARACHI: The State Bank of Pakistan (SBP) raised the monetary policy rate by 100 basis points to 17 percent on Monday in an effort to curb …
Business & Finance
Genesis Crypto firm’s lending unit declared US bankruptcy
Due to a market crash that also brought down lenders BlockFi and exchange FTX, the lending division of the cryptocurrency company (Genesis Crypto) filed for bankruptcy protection in …
USD to PKR: US Dollar Rate in Pakistan on 20 January 2023
USD to PKR: The Pakistani Rupee (PKR) continues to slide down against the US Dollar (USD) as the latter further surged by 24 paise on Thursday, appreciating 0.10 …
Bearish US Data, Crude Stocks Build, Oil $1 Down
Fears of a recession caused oil futures to drop as much as $1 on Thursday. A dramatic loss in U.S. retail sales and factory production clouded the outlook …
History of 1 USD to PKR in 1947 | Historical Review
How much was 1 USD to PKR in 1947? At a time when the Pakistani Rupee is experiencing its lowest exchange rate against the US dollar, people are …
Oil Shortage concern, Oil Companies made a letter to Govt
A recent import restriction by the Federal Govt of Pakistan on various items many LCs stuck due to this ban. An Oil shortage also occurred in this situation. …
Bitcoin jumps high crossed above 20,000 Dollars
For the first time in over two months, the price of bitcoin surpassed $20,000 on Saturday. The biggest and most well-known cryptocurrency in the world, Bitcoin, gained $922 …
Gold prices as of today – hike in Pakistan by 5,000 per tola
In comparison to the previous trading day, the price of 24-carat gold per tola increased by Rs 5,000 on Friday, selling for Rs 186,100. The cost of 10 …
Auto Sector downfall in Pakistan, car sales decrease by 39% in 6 months of new Govt
For Pakistan’s auto sector, experts anticipate a challenging first half of 2023. According to the most recent data provided by the Pakistan Automobile Manufacturing Association, the number of …
The SECP registered 2000+ new companies in December 2022
In December 2022, 2,374 new businesses were registered with the Securities and Exchange Commission of Pakistan (SECP). There are currently 183,744 firms that are registered in total. According …
