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PKR gains 17 paisa against USD

  • 2 min
The Pakistani rupee (PKR) gained 17 paisa against the US dollar (USD), closing at Rs 278.30 in interbank trading. The Euro dropped by 64 paisa to close at Rs 301.67, while the British Pound and Japanese Yen also witnessed declines. The Ministry of Finance reported a 2.9% strengthening of PKR against the USD in the current financial year.
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US Dollar builds on previous day’s gains

  • 3 min
The US Dollar continued to gain momentum, bolstered by rising U.S. Treasury yields and cautious market sentiment. The dollar index increased by 0.22% to 102.47, with the euro dropping 0.2% to $1.092. Investors anticipated U.S. economic releases, including the Federal Reserve's December meeting minutes, while geopolitical tensions and market data also influenced trading.
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PSX maintains bullish run, gains 414.46 pts

  • 2 min
PSX maintained a bullish run, gaining 414.46 points to close at 66,426.78 points, a 0.63% change from the previous day's close. The market witnessed positive gains with 384 shares traded, reflecting investor confidence. Additionally, the government announced plans to auction bonds in the Pakistan Stock Exchange for the first time, aiming to generate significant revenue. (50 words) - Khabristan.PK