KARACHI: The Pak Rupee fell by 40 paisas against the dollar on Tuesday owing to payment demand for import and corporate payments.
The rupee ended 159.82 to the dollar from the previous day’s closing of Rs159.42 in the interbank foreign exchange market.
Currency dealers said that the demand for import and corporate payments was higher during the day.
They said that the market had also seen supply of the dollar but was not sufficient to help the local currency.
ISLAMABAD: Prime Minister Shehbaz Sharif has ordered a third-party audit of all ongoing National Highway Authority (NHA) projects and directed...
KARACHI: The Federal Board of Revenue has told the International Monetary Fund that 1,016 retailers and shopkeepers have filed returns...
KARACHI: The Federal Board of Revenue (FBR) has begun expanding the use of artificial intelligence to scrutinize individual tax returns,...
ISLAMABAD: Pakistan’s efforts to secure the next $1.2 billion IMF tranche have entered their final stage, as the fourth economic...
