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Pakistan’s Gold Prices on January 6, 2024
Karachi: On Saturday, January 6, 2024, the 24-karat gold rate is listed at PKR 219,700. Additionally, the price of 24-karat gold in the bullion market is reported at Rs 188,020 per 10g. Gold Price in Pakistan’s different cities. City Gold Silver Karachi PKR 219,700 PKR 2,450 Lahore PKR 219,700 PKR 2,450 Islamabad PKR 219,700 PKR…
Pakistan’s Latest Currency Exchange Rates as of January 6, 2024
Karachi: On Saturday, January 6, 2024, the exchange rate for one US Dollar against Pakistani Rupees stood at Rs 280.8 in both the local and open markets, with a selling rate of Rs 283.3. Note: It’s important to acknowledge that exchange rates can fluctuate based on the location and the specific Exchange Company or bank…
Rupee Shows Incremental Improvement Against US Dollar
On Friday, the Pakistani rupee continued to gain ground against the United States dollar. The US currency depreciated by 42 paisas, reaching Rs281.25 in the interbank market. In the previous day’s trading, the US dollar had experienced a decline from Rs281.72 to Rs281.67, marking a loss of five paisas.
Pakistan Stock Exchange (PSX) experiences decline of 7.69 points.
The Pakistan Stock Exchange (PSX) 100-index experienced a marginal negative change of 0.01 percent, losing 7.69 points and closing at 64,639.16 points compared to the previous trading day’s closing at 64,646.85 points. The trading day saw a total volume of 548,989,972 shares, valued at Rs.15.395 billion, in contrast to the previous day’s 639,616,328 shares, valued…
FBR Announces Taxation Plans for Retailers in Five Major Cities
The Federal Board of Revenue (FBR) is set to impose taxes on retailers in five major cities, including Karachi, Islamabad, Lahore, Peshawar, and Quetta. Sources suggest that this move aims to generate approximately Rs100 billion in revenue from 3.5 million retailers in these cities. The FBR has prepared a scheme for this purpose, targeting retailers…
Sindh Surpasses Punjab in Cotton Production, Achieves a Remarkable 121% Increase in Output
According to recent data, Sindh, which traditionally contributes around 30 percent of Pakistan’s total cotton output, has outpaced Punjab by producing more than 50 percent of the 8.171 million bales arriving in ginning factories until December 31, 2023. The Pakistan Cotton Ginners Association (PCGA) reported that Sindh’s cotton production reached 4.092 million bales, reflecting an…
Choose Between Constitution and Feudal System in Pakistan: CJP
Islamabad: The session on Pakistan Tehreek-e-Insaf’s (PTI) contempt of court petition concerning a fair playing field is currently in progress in the Supreme Court today (Wednesday). As per the particulars, a three-member bench led by Chief Justice of Pakistan (CJP) Qazi Faez Isa, alongside Justice Muhammad Ali Mazhar and Justice Musarat Hilali, is overseeing the…