The State Bank of Pakistan (SBP) on Thursday once again reminded the general public that September 30 is the last date for exchanging Rs500 old design and bigger size bank note, a statement said. The central ...

The US recently made it clear that it opposed Pakistan’s decision to import gas from Iran, going so far as to threaten sanctions if Islamabad did not withdraw from the deal....

Oil prices slid after official data showed a bigger than expected increase in energy stockpiles in the United States, indicating weak demand in the world s biggest economy and oil consumer. [caption id="attachment_15464" align="alignright" width="300" caption="Oil Prices"][/caption] New York s ...

After the supposed intervention of the State Bank of Pakistan (SBP) and end in panic buying of the dollar, the rupee recovered 90 paisas against the dollar in the open market on Tuesday....

Pakistan’s foreign exchange reserves are at record highs, the current account deficit is lower than its usual levels and exports are growing at a rapid clip. Yet the Pakistani rupee seems to be ignoring all of these relevant indicators as it continues its relentless plunge. So anomalous is ...

Federal Board of Revenue (FBR) to abolish its condition of NIC number on delivery voucher immediately or the small traders would seek alternative methods to avoid legal ways of business. FBR...

Iran and Pakistan have drawn up plans for an oil pipeline. The move will not be welcomed by the US, given that it recently expressed strong opposition to a gas pipeline project between Iran and Pakistan, going so far as to threaten Islamabad with sanctions....

Gold declined by Rs 943 to close at Rs 50,142 per 10 grams in the local market Friday, as its international price also dropped to $ 1,711 an ounce, market sources said. According to Karachi Saraf Association official, ...

Oil and Gas Regulatory Authority (OGRA) has decreased Liquified Petroleum Gas (LPG) prices by Rs.11 per kg. According to the notification issued here Wednesday, new prices of LPG will be per Kg Rs.115 across the country while prices ...

Oil prices were mixed in Asian trade Tuesday as a downgrade by Standard & Poor's of Italy's sovereign debt rating added to market jitters, analysts said. New York's main contract, WTI light sweet crude for October delivery, was ...