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HEADLINES & ANNOUNCEMENTS

Gold modestly up on local factors
Modest increase witnessed in the prices of gold as per tola 24 karat gold increased by Rs 150 and was sold at Rs 214,450 on Tuesday (February 20) against Rs 214,300 day earlier trade. READ MORE


Rupee weakens against dollar on demand pressure
The Pakistani rupee depreciated by 21 paisa against the US dollar, closing at PKR 279.57 in the interbank market on Tuesday (February 20), driven by increased demand for foreign currency, particularly for imports and corporate payments reflecting demand pressure for foreign payments. READ MORE


Bulls return at Pakistan Stock Exchange

The Pakistan Stock Exchange (PSX) saw a bullish trend on Monday, with the 100-index gaining 586.79 points, marking a positive change of 0.98 percent and closing at 60,459.75 points compared to the previous trading day’s 59,872.96 points. READ MORE


Underpressured gold surges despite economic uncertainty

The surge in gold prices by Rs 1,100 in Pakistan on February 19, 2024, reflects a broader global trend driven by geopolitical tensions, economic uncertainties, and increased demand from institutional investors. READ MORE


Rupee holds steady amidst turbulent times

The rupee on Monday (February 19) gained 01 paisa against the US dollar in the interbank trading and closed at Rs 279.35 against the previous day’s closing of Rs 279.36. READ MORE


Transformative alliance for agricultural empowerment in Pakistan

The memorandum of understanding (MoU) between Green Corporate Initiative and Organic Pakistan signifies a crucial step towards making Pakistan self-sufficient in food production. READ MORE


Saudi Arabia tops MENA region in E-government services

Saudi Arabia’s ascendancy in electronic government services is underscored by its top ranking in the Middle East and North Africa, as affirmed by the UN’s Government Electronic and Mobile Services Maturity Index (GEMS). READ MORE

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