Pakistan News

    Us Dollar Rate Pakistan Karachi News

  • Pemra seeks ARY News response to IB complaint against 'fake news'

    The Pakistan Electronic Media Regulatory Authority (Pemra) on Saturday directed ARY News to respond to a complaint filed by the Intelligence Bureau (IB) against its report on a list of lawmakers suspected of links with banned militant groups allegedly compiled by the IB...

    The list first came to light when ARY News programme 'Power Play' aired a report on Sept 25 claiming that former prime minister Nawaz Sharif had directed the IB on...

  • Pemra serves notices to ARY, Bol News over 'fake' news regarding cabinet reshuffle

    The Pakistan Electronic Media Regulatory Authority (Pemra) has issued show-cause notices to ARY News and Bol News for airing news items regarding a reshuffle in the federal cabinet and change in the portfolios of some federal ministers, it emerged on Tuesday...

    The two media outlets had aired the news on Monday morning about a possible reshuffle in the posts for Minister for Finance and Minister of State for Interior held by Asad Umar...

  • Dollar still under pressure as China hits out at 'fake news'

    The dollar came under fresh selling pressure on Thursday even after China hit back over a “fake news” report that it could slow or halt purchases of US Treasuries...

    The greenback dived Wednesday against most rivals as Bloomberg News reported that Chinese authorities reviewing foreign-exchange holdings had recommended the move...

  • Dollar rate inching up again

    KARACHI: The dollar rate is increasing in the open market despite two back-to-back meetings that the State Bank of Pakistan (SBP) recently held with currency dealers...

    The exchange rate reached Rs107...

  • Rising oil prices may push up dollar rate

    KARACHI: The ongoing Yemen crisis may cause dollar’s appreciation against the rupee as strengthening oil prices, which have already touched five-month high, may push up demand for the greenback by the private sector to foot the rising oil import bill...

    Experts said that the changing situation in the Gulf may increase pressure on the dollar...

  • SBP perturbed over sharp rise in dollar rate

    KARACHI: The State Bank has expressed deep concern over the fast appreciation of dollar and asked the currency dealers to explain why the US currency crossed Rs104 in the open market, said dealers who attended a meeting of foreign exchange associations with the SBP officials on Friday...

    The central bank was found extremely perturbed over the recent rise in the dollar rate despite the fact it had been providing additional support to...

  • Dollar rate in line with fundamentals: SBP

    KARACHI: The State Bank of Pakistan called a meeting of exchange companies after US dollar value climbed to Rs107 in the open market on Tuesday and assured steady supply of the greenback at a fixed rate...

    “The State Bank has assured the exchange companies of providing the dollar at Rs105...

  • Dollar rate rising in open market

    KARACHI: Despite the government pressure to contain the dollar rise against the rupee, the greenback was trading at Rs107...

    70 per dollar, which may push the inter-bank to get rid of the forced price of Rs105...

  • State Bank, finance ministry want dollar rate cut by Rs2

    KARACHI: The Ministry of Finance and the State Bank of Pakistan (SBP) want to see a cut of Rs2 per dollar in the open market, and have warned the exchange companies to comply or face the consequences...

    Sources privy to the meeting told Dawn that the minister and the central bank showed concern over rising value of the dollar, which traded as high as Rs108 on Thursday in the open market...

  • Senate committee rejects Finance Bill, asks SBP to freeze dollar at Rs150 and interest rate at 12pc

    Senator Ayesha Raza Farooq of the PML-N supported the idea, saying the country always had deficit budgets but the people should not be burdened for the past one-year’s mistakes of Pakistan Tehreek-i-Insaf...

    SBP interventionThe committee unanimously recommended that the State Bank of Pakistan should intervene, where necessary, to bring down the exchange rate and freeze it at Rs150 against the dollar...

  • One dead, five injured in attack on ARY News Karachi office

    KARACHI: Violent protesters attacked an ARY News office in the Saddar area of the metropolis on Monday evening, which resulted in clash between police and the angry mob — killing one person and injuring several others...

    ARY News has alleged that the protesters were members of the Muttahida Qaumi Movement (MQM)...

  • ‘Karachi has highest leprosy prevalence rate’

    KARACHI: The Marie Adelaide Leprosy Centre registers around 500 cases every year in the country and estimates that the situation will remain unchanged for the coming two decades, said MALC officials at a seminar on Saturday...

    The awareness seminar and press briefing was organised to mark World Leprosy Day at the Pakistan-American Culture Centre...

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