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Industry activity in May falls 25pc

Industry activity in May falls 25pc

Pakistan’s large-scale manufacturing sector during the period between July to May 2019-20 declined by 10.32 per cent as the demand for the country’s goods in the local as well as international markets plummeted due to…

Pakistani Rupee loses Against the Dollar

Pakistani Rupee loses Against the Dollar

The rupee in the interbank market lost 34 paisas to end Thursday’s session at the level of Rs167.33 against the greenback.  Meanwhile, in other currencies, the euro at the open market was up by 50…

Pakistan’s remittances rise to record $23 billion

Pakistan’s remittances rise to record $23 billion

Pakistan received a record $23 billion in remittances during the July 2019 to June 20 despite the Covid-19 shock to the global economy in Jan- June 2020 period, the latest data released by the State…

Pakistan’s stock market posts record gain

Pakistan’s stock market posts record gain

Pakistan’s stock market is on a roll. The benchmark KSE-100 index has gained for 11 consecutive days — the longest rally since January 2018 after it closed the Friday’s session up by 48.24 points or…