KARACHI: The value of rupee is further seen eroded by paisa 26, as it traded in the inter-bank at Rs78.22 to a dollar.Forex market dealers said that the rupee continued remaining under pressure today also, while it yesterday had closed at Rs77.96. The inter-bank trading today kicked off at Rs77.95 to a dollar, but later it was seen soared up to Rs78.22. Dealers said that the banks making purchases of dollars and the heavy demand of dollars from the importers intensified rupee value depreciation, while the speculators in the market were taking the advantage of prevalent panic for dollars. Boosting of foreign exchange reserves and increasing exports besides dollar inflows from the foreign investors were imperative for the stabilization of rupee value.
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PESHAWAR: The Hazara Chamber of Commerce and Industry (HCCI) has demanded of the Ministry of Commerce to issue a licence to the chamber at the earlies
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KARACHI: Declining international steel prices has brought down the local steel rates, but since buyers are waiting for the declining steel prices to s
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KARACHI: Rupee again hit low versus the US dollar amid continued speculative buying by banks on Saturday.Banking sources said that the State B
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A massive suicide truck bomb gutted the heavily guarded Marriott Hotel in Pakistan’s capital Saturday, killing at least 40 people and wounding at least 250. Dozens more were feared dead inside the building that was still burning hours after the attack.
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The United States on Saturday condemned the massive bombing of a Pakistan hotel that left at least 60 people dead and expressed support for the country’s government.
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KARACHI: The equity market remained under pressure amid deteriorating economic conditions of country coupled with high profile financial crisis in int
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President Bush on Saturday strongly condemned the terrorist bombing of a Marriott hotel in Islamabad, Pakistan, while stopping short of assigning blame for the attack.
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Pakistan News
MINGORA, Pakistan — A massive suicide truck bomb Saturday devastated the Marriott Hotel in Islamabad, killing at least 40 people and wounding hundreds of others in what was believed to be the bloodiest terrorist strike ever in the Pakistani capital.
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A suicide bomber detonated a truck packed with explosives at the Marriott Hotel in Islamabad on Saturday, killing at least 60 people in a brazen attack in the heart of the Pakistan capital.
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