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Value of dollar and other currency prices in Pakistan fluctuates daily due to a wide range of economic factors. These include inflation, interest rates, trade balances, and political and economic stability. Pakistani rupee value is also influenced by the demand for foreign currencies like US dollar, Saudi riyal, and Emirati dirham. Understanding the current exchange…
Rs. 310650.00 24K – 1 Tola Gold Rate in Lahore Rs. 266336.9 24K (10 Gram) Gold Price in Lahore Rs. 26633.69 24K Lahore Gold Rate 1 Gram Gold Rate in Pakistan Today Per Tola The gold rate in Pakistan today has witnessed a sharp increase after a brief decline over the last two trading sessions….
Payoneer and Meezan Bank Partner to Enhance International Payments for Pakistani SMBs Payoneer (NASDAQ: PAYO), a leading global financial technology company, has joined forces with Meezan Bank, Pakistan’s top Islamic bank, to facilitate seamless cross-border payments for small and medium-sized businesses (SMBs), entrepreneurs, and freelancers in Pakistan. A Milestone in Digital Payments The signing ceremony…
Islamabad High Court Orders PTA Tax Refund and Imposes Fine on Inland Revenue Commissioner In a significant ruling, the Islamabad High Court has directed the Federal Board of Revenue (FBR) to refund the excess advance tax deducted from the Pakistan Telecommunication Authority (PTA) in 2018. The decision, made by Justice Babar Sattar, came after a…
Pakistan’s stock market has been on an unprecedented rise in recent months, with the KSE-100 Index crossing the historic 100,000-point mark on October 28, 2024. This “golden day” in the history of the Pakistan Stock Exchange (PSX) has sparked debate, with the government attributing the surge to effective economic policies, while critics label it as…
United Bank Limited UBL overtakes Meezan Bank MBL to claim the title of Pakistan’s most valuable bank by market capitalization. According to a LinkedIn post by Mohammed Sohail, CEO of Topline Securities, UBL’s market capitalization has reached an impressive Rs. 426 billion ($1.5 billion), making it the leading financial institution in the country. This milestone…
Haier and UET Lahore Partner to Launch Joint Lab for Green Energy-Saving Technology Haier Air Conditioner and the University of Engineering & Technology (UET), Lahore, have signed a strategic agreement to establish the Haier Joint Laboratory for Green Energy Saving Technology. This collaboration focuses on driving innovation, sustainability, and research in energy-efficient technologies under the…
The gold price dropped significantly in Pakistan, falling by Rs 5,000 per tola. According to the all Pakistan Gems and Jewelers Association. As a result, the price of gold per tola now stands at Rs 277,800, while the price for 10 grams has decreased by Rs 4,286 to Rs 238,169. Due to the Gold price…
The Khyber Pakhtunkhwa (KP) government has announced a pioneering initiative to boost financial resources by issuing bonds through the stock exchange. This innovative strategy, introduced under the guidance of KP Finance Advisor Muzammil Aslam, aims to reduce reliance on external loans and donor agencies for developmental projects. The decision to issue education bonds highlights the…
Introduction of Bitcoin The Bitcoin price increase has reached near-record highs, captivating investors and financial experts worldwide. With the cryptocurrency’s rising value driven by institutional interest and its fixed supply model, many are asking: Bitcoin Price Increase: Who Owns the Most Bitcoins? In this detailed exploration, we uncover the major Bitcoin holders and examine the…