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Pakistan Customs in September 2023 conducted an intensified anti-smuggling campaign across the country, resulting in the seizure of essential commodities valued at 2.25 billion rupees. The seized items encompassed a wide range of essential goods, including sugar, urea, petroleum, currency, tires, black tea, vehicles, iron, steel, and various ...
In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in ...
US dollar-Pakistani rupee exchange rate. Between 1948 and July 1955, the Pakistani rupee was effectively pegged to the U.S. dollar at approximately Rs.3/31 per U.S. dollar. Afterwards, this was changed to approximately Rs.4/76 per U.S. dollar, a devaluation of 30%, to match the Indian rupee's value. [29]
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
G News Network, commonly known as GNN, is a Pakistani 24-hour news and current affairs channel based in Lahore, Pakistan. It is owned and operated by Gourmet Foods. [1] It was launched in 2005 as CNBC Pakistan under a license from CNBC Asia Pacific. It was then owned by Vision Network Television Limited. [2]
24 Digital (Urdu: ٢۴ ڈیجیٹل) is an Urdu language current affairs news television channel based in Lahore, Pakistan, and launched in 2015. [ 1 ] [ 2 ] The channel is owned by Mohsin Naqvi who is the founder of City News Group.
Follow live coverage of South Africa vs Pakistan from the Pakistan in South Africa 2024/2025 today. The ICC Test Championship sees nine teams compete across a two-year cycle of matches before a ...
Express News is an Urdu language Pakistani television news channel based in Lahore, launched on 1 January 2008. [1] [2] [3] It is owned by Lakson Group which also runs the country's third largest Urdu daily newspaper, Daily Express. The owners of the channel, launched 'Express 24/7', a 24-hour Pakistani English news channel on 5 February 2009. [1]
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