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PSX hits six-year high record

PSX hits six-year high record

On Thursday, the Pakistan stock market experienced a strong rally, breaking the 49,000 points threshold after a six-year gap. During the same period, the Pakistani rupee also recovered impressively against the US dollar, reaching Rs287.83

Rupee impressive recovery

Rupee impressive recovery

The Pakistani currency has displayed a remarkable recovery for the second consecutive working day, with a gain of 0.21% or Rs0.59 against the US dollar in the interbank market, resulting in a rate of Rs286.45

Rs 10,000 Bank Note in Pakistan

Rs 10,000 Bank Note in Pakistan

The State Bank of Pakistan is gearing up to launch a higher domination banknote, the new is circulating. The picture of Rs 10,000 bank note is circulating all over the world and people are speculating

Increasing Online Scams in Pakistan

Increasing Online Scams in Pakistan

From past few years, Pakistan witnessed a surge in online frauds and scams, there are a lot of applications out there offering easy access to funds and financial help by money investment but scamming people.

Why Is The Pakistani Govt To Ban Cash Transactions Across The Country?

Why Is The Pakistani Govt To Ban Cash Transactions Across The Country?

The Pakistani government is reportedly planning to encourage digital transactions and online payment systems. Thus Pakistan administration is considering implementing a ban on cash transactions beyond a certain limit at retail outlets, food retail stores

Rupee as 350 Per Dollar in June

Rupee as 350 Per Dollar in June

The rupee continues to explore new records against the US dollar, stakeholders are now concerned about the maximum that the local unit will fall before holding its ground, rupee may slump to 350 per dollar

IMF noticing the recent environment in Pakistan

IMF noticing the recent environment in Pakistan

The International Monetary Fund (IMF) says that it is noticing the recent ongoing developments in Pakistan, also hoping for a peaceful way to resolve the current domestic political conflicts in the country. Read more |

Why Is 5000 Rupees Currency A Threat To Pakistan’s Economy?

Why Is 5000 Rupees Currency A Threat To Pakistan’s Economy?

A Pakistani economist, Ammar Khan, has suggested that the country should demonetize its highest denomination of PKR 5,000 to tackle the current economic crisis and to boost tax collections.  Khan, who cited India's demonetization as

Rs 750 Prize Bond 2023 Results

Rs 750 Prize Bond 2023 Results

Prize bonds are fund money collected by government and given to person who win it through buying prize bonds. The bond is also refundable to its owner on demand and prizes are also distributed by

Will SBP Issue Fresh Currency Notes Ahead of Eid-ul-Fitr 2023?

Will SBP Issue Fresh Currency Notes Ahead of Eid-ul-Fitr 2023?

With Eid ul Fitr just around the corner, Pakistanis are actively seeking out methods to obtain crisp currency notes to give to children as Eidi.  This religious festival is celebrated by Muslims worldwide, and the