BUSINESS

Ishaq Dar: Pakistan will try to restructure its $27 billion in bilateral debt.

Ishaq Dar: Pakistan will try to restructure its $27 billion in bilateral debt.

Dar said there was no chance that Pakistan would not pay its debts. Washington (Reuters) – Ishaq Dar, Pakistan’s new…
Fears of a recession caused oil prices to drop by more than 3%. 

Fears of a recession caused oil prices to drop by more than 3%. 

Brent crude futures dropped $2.94. NEW YORK- On Friday, oil prices fell by more than 3% because of worries about…
FCA fixes wheat production goals at 28.4 million tonnes for 2022-23

FCA fixes wheat production goals at 28.4 million tonnes for 2022-23

ISLAMABAD Federal Committee on Agriculture (FCA) here on Thursday set production targets for wheat at 28.4 million tons , by…
Dollar to PKR US Dollar exchange rate in Pakistan 14 October 2022

Dollar to PKR US Dollar exchange rate in Pakistan 14 October 2022

USD to PKR purchasing the exchange rate for USD to PKR is PKR 218.38 according to Pakistan Interbank and the…
Dollar continues to increase its lead over PKR.

Dollar continues to increase its lead over PKR.

The currency of the country depreciated by the sum of 61 the paisa. KARACHI – The US dollar is continuing…
Asian stocks fall in the wake of Fed, BoE fuel uncertainty ahead of U.S. GDP data.

Asian stocks fall in the wake of Fed, BoE fuel uncertainty ahead of U.S. GDP data.

The risk of recession also increased worries about the demand for oil. TOKYO (Reuters) Asian stocks were a part of…
As the economy slows, OPEC cuts its view of oil demand growth for 2022 and 2023. 

As the economy slows, OPEC cuts its view of oil demand growth for 2022 and 2023. 

London (Reuters): OPEC cut its prediction for the growth of world oil demand in 2022 for the fourth time since…
Exchange rates for AED to PKR and other currencies in Pakistan on October 12, 2022 

Exchange rates for AED to PKR and other currencies in Pakistan on October 12, 2022 

Pakistan Open Market says that the rate to buy AED with PKR is 59.09, and the rate to sell AED…
Oil prices extend their decline on recession fears; China COVID curbs Brent crude futures

Oil prices extend their decline on recession fears; China COVID curbs Brent crude futures

which fell 51 cents. Singapore Wednesday was the third day in a row that oil prices went down. Investors were…
Asian stocks don’t move, and the dollar beats the pound and yen. 

Asian stocks don’t move, and the dollar beats the pound and yen. 

The CSI300 index for China (.CSI300) fell by 0.96%. Singapore (Reuters): Wednesday was the worst day for Asian stocks in…
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