Pakistan News

    Daily Open Currency Rates Pakistan

  • Currency volatility in the open market

    The recent volatility in the open currency market had its roots not in the shortage of non-dollar foreign currencies but in the behaviour of foreign exchange companies, inquiries reveal...

    Though, at the peak of the crisis, the rupee that had fallen to near Rs110 per dollar for customer buying in the open market, it has now bounced back (rising to Rs107...

  • Dollar sells at higher rates in open market

    KARACHI: Foreign currency trade appears equally affected with the election fever running high as the dollar is being sold Rs4-5 higher in the open market than the reported rates by the exchange companies...

    Currency dealers said that about 75 per cent were buyers while only 25pc were sellers, disturbing the balance of inflows and outflows...

  • Pakistan to feature in Victorian Open, Australian Open

    ISLAMABAD: A three-member Pakistan squad will proceed to Australia on July 22 to feature in Victorian Open and Australian Open, Pakistan Squash Federation (PSF) secretary Group Captain Aamir Nawaz said on Tuesday...

    “We will send three players — Nasir Iqbal, Farhan Zaman and Tayyab Aslam — to represent the country in Victorian Open and Australian Open events,” Aamir said...

  • ‘Pakistan losing $133 million daily to corruption’

    With 59 anti-corruption and accountability related laws, Pakistan, he said, was rated 117th on the list of the most corrupt countries...

    Pakistan bears a loss of $133 million daily due to corruption,” he said, adding that less than one per cent of Pakistani citizens were taxpayers...

  • Chinese defence contractor begins construction of warship to be exported to Pakistan: China Daily

    China has started building an advanced warship that would be exported to Pakistan under a defence agreement between the neighbouring countries, China Daily reported on Wednesday...

    Though the Chinese corporation did not specify the type, China Daily quoted Pakistan Navy as saying that the ship's class is Type 054AP, that is based on China's People's Liberation Army (PLA) Navy's Type 054A frigate...

  • Pakistan's daily Covid tally crosses 2,000 for first time since Jan as 3rd wave imminent

    A day after the National Command and Control Centre (NCOC) re-imposed restrictions to curb the spread of Covid-19 in the country, Pakistan reported more than 2,000 virus cases for the first time since January...

    According to official data, Pakistan has reported 2,258 cases in the last 24 hours, marking the first time the country has reported over 2,000 infections since January 29, when 2,186 cases were recorded...

  • Pakistan currency limit for travellers raised to Rs10,000

    KARACHI: People travelling to or from Pakistan can now carry Rs10,000 in cash after the State Bank of Pakistan (SBP) raised the limit on Tuesday by more than three times...

    A passenger can carry up to $10,000 or equivalent notes of another currency while going abroad, according to SBP’s foreign exchange rules...

  • World Bank rates Pakistan among top private investment countries

    ISLAMABAD: Pakistan has been grouped in top five highest private participation investment (PPI) countries owing to a few multi-billion-dollar power projects, with two hydropower plants worth $3...

    A half year update on private participation in infrastructure (PPI) published by the World Bank on Friday says that Indonesia was the destination for the highest amount of PPI investment, while Pakistan and Jordan were new entrants to the...

  • TV ad rates rocket ahead of India, Pakistan final

    Television advertising rates for Sunday's cricket final between India and Pakistan are 10 times the normal price, industry sources said, as millions of fans are expected to tune in for a clash that last time ranked among the six most-watched sporting events...

    Pakistan, the lowest-ranked team at the Champions Trophy tournament, upset host and favourites England to set up a final with defending champions India, feeding a frenzy for a...

  • Corruption, tax rates major problems in Pakistan: report

    ISLAMABAD: Ranking 126 among140 countries in the Global Competi­tiveness Index, Pakistan faces corruption and tax rates as the most problematic factors for doing business, a new report published by the Davos-based World Economic Forum said on Wednesday...

    According to the Global Competitive Report 2015-2016, Pakistan jumped three spots to number 126 out of 140 economies on the Global Competitiveness Index...

  • Moody’s sees Pakistan growth rates sliding to 2pc

    ISLAMABAD: Moody’s Investors Service on Thursday estimated Pakistan’s growth rate could further slide to two per cent during the current fiscal year owing to Covid-19 outbreak and believed recent steps by the State Bank of Pakistan (SBP) would soften the impact of the pandemic on the country’s banks...

    On March 17, the Moody’s had formally reduced its forecast for Pakistan GDP growth rate to 2...

  • Coronavirus forces French Open delay, US Open switch possibility

    PARIS: The French Open was postponed for about four months because of the coronavirus pandemic, shifting from May to September and juggling the tennis calendar...

    The French Open’s new dates place it right after the hard-court US Open, which currently is scheduled to be held in New York from Aug 31 to Sept 13...

  • Over 20 per cent students miss school daily in KP

    8 million students of the state-run schools in Khyber Pakhtunkhwa remain absent from the educational institutions daily, according to sources...

    814 million enrolled students of government schools were found absent from the educational institutions on daily basis in the month of May, sources in elementary and secondary education department told Dawn...

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