The Pakistani rupee extended its marginal recovery against the US dollar on Thursday, appreciating by three paisas in the inter-bank market to close at Rs277.42, as Pakistan also raised $3…
Monitoring Desk Oil prices rose more than 2% on Monday after US forces struck Iran’s Larak Island in the Strait of Hormuz, prompting retaliation from Tehran and raising fresh concerns…
Monitoring Desk ISLAMABAD: Pakistan’s oil import bill surged to $1.28 billion, equivalent to around Rs357.05 billion, in July as higher international oil prices pushed up the country’s import costs. The…
Petrol pump owners have approached Prime Minister Shehbaz Sharif, seeking replacement of the daily petroleum pricing mechanism with a monthly system, warning that frequent price revisions are causing inventory losses,…