Stories by Mettis News

Rupee rebounds on $4.2 billion Saudi support package, gains Rs2.5 in interbank trade

The Saudi funding announcement is being widely seen as a positive surprise much needed to bolster the external account: analyst.

Updated 27 Oct, 2021 11:18pm

Dollar peaks to new high of Rs175 in intraday trade

Analyst says traders are nervous which is causing a high level of stress and the market needs a firmer direction.

Updated 26 Oct, 2021 03:09pm

Dollar creates another high against rupee, soars to Rs173 in interbank market

Exchange companies' chairman attributes greenback's latest surge to uncertainty created by govt's talks with the IMF.

Updated 18 Oct, 2021 01:43pm

Rupee breaks losing streak, gains 94 paisa against dollar

Dollar closes at Rs168.18 in interbank, down from yesterday’s close of Rs169.12.

Updated 16 Sep, 2021 09:34pm

Rupee weakens by Rs1.2 to hit nine-month low against dollar

At Rs163.67 per dollar, this is the lowest level reached by the rupee against the greenback since Oct 13, 2020.

Published 02 Aug, 2021 09:12pm

Dollar hits Rs160 in interbank trade

The rupee depreciated by 70 paisa compared to yesterday's closing value of Rs159.30.

Published 16 Jul, 2021 01:58pm

Budget 2021-22: Striving for a balanced approach?

Pakistan is already negotiating for maximum possible fiscal space to develop a growth-focused budget.

Updated 11 Jun, 2021 04:32pm

KSE-100 storms past 48,000 level after four years as stocks continue rally

The market remained in the green throughout the session, seeing an intraday high of 48,237.61 points.

Updated 01 Jun, 2021 10:07pm

PSX sets new record of daily traded volume at 1.56 billion shares

Asad Umar says the development reflects reaction to "signs of sustained recovery" and successful containment of third Covid wave.

Published 26 May, 2021 10:02pm

Where does SME financing stand in Pakistan? Here are the numbers

Considering that the share of SMEs in Pakistan’s GDP is around 40pc, it’s not a segment that can be continuously ignored.

Published 19 May, 2021 11:26am

Remittances rise to an all-time high of $2.8bn in April

"Thank you for your faith in Naya Pakistan," says PM Imran, calling overseas Pakistanis the country's biggest asset.

Published 18 May, 2021 11:41am

Shares at PSX end slightly up after volatile session

KSE-100 index gains 97 points (0.22 per cent) to close at 44,587.85.

Updated 31 Mar, 2021 06:07pm

Rupee upsurge against dollar continues

Dollar quoted at Rs152.60 – 49 paisa higher than yesterday's close – during early trade at interbank after opening at Rs152.50.

Updated 31 Mar, 2021 12:28pm

Rupee gains 95 paisa to reach 22-month high against dollar in interbank

The Pakistani currency closed the day's trade at Rs153.09 per dollar.

Updated 30 Mar, 2021 05:39pm

Rupee gains another 42 paisa as dollar falls to pre-Covid level in interbank

The dollar was being quoted at 154.15/154.20 around noon compared to Friday’s closing value of Rs154.58.

Updated 29 Mar, 2021 03:22pm

Rupee appreciates 38 paisa against dollar

Rupee closes at Rs155.01 in interbank against yesterday's close of Rs155.39.

Updated 26 Mar, 2021 03:49am

Pakistan's current account deficit nosedives 76pc to $50m in February

Total exports in February jump 3pc over January, 8pc year-on-year to $2.65 billion.

Published 22 Mar, 2021 04:40pm

What to expect from the new monetary policy statement for the next 2 months

The central bank has kept the policy rate unchanged for the past nine months.

Updated 19 Mar, 2021 05:16pm

KSE-100 up 593 points a day after postponement of PDM's long march

The index has climbed 2,671 points (6.24pc) during the last four days, the highest four-day increase since April 2020.

Updated 17 Mar, 2021 05:08pm

Foreign direct investment slides 20pc in February

FDI dropped 30pc year-on-year to $1.30 billion during the first eight months of the current fiscal year, central bank data shows.

Published 17 Mar, 2021 01:21pm