Oil prices took a breather on Monday after last week’s fall of about 3%, as investors weighed the chances for a US rate cut against the prospect of a Russia-Ukraine deal that could free up more Russian supply through an easing of sanctions. The United States and Ukraine were set to resume work on a revised plan for the peace deal ahead of a Thursday deadline set by US President Donald Trump, af
The Pakistani rupee recorded marginal improvement against the US dollar, appreciating 0.07% during the opening hours of trading in the inter-bank market on Monday. At 10am, the currency was hovering at 280.43, a gain of Re0.19 against the greenback. During the previous week, the Pakistan rupee posted marginal gain as it appreciated by Re0.10 or 0.04% against the US dollar in the inter-bank m
The Pakistan Stock Exchange (PSX) extended its bullish momentum on Thursday, when investors drove a broad-based rally across key sectors as they took cue from earnings announcement by an automaker and a $330 million energy loan from the Asian Development Bank (ADB). The benchmark KSE-100 index closed at 162,936.94, marking an increase of 710.66 points, or 0.44%. It traded between the intra-day
Pakistan's foreign exchange reserves recorded a modest improvement during the week ended November 14, 2025, with the State Bank of Pakistan's (SBP) holdings rising by $27 million to reach $14.551 billion, according to data released by the central bank on Thursday. The SBP's weekly report showed that the country's total liquid foreign exchange reserves stood at $19.738 billion. Of this, commerci
Afghanistan's Taliban government urged India on Thursday to scale up trade and open cargo hubs in its territory, as it strengthens ties with New Delhi and seeks alternatives to Pakistan after repeated border clashes and closures. During talks, Al-Haj Nooruddin Azizi, the Taliban's Commerce Minister, also asked India to help set up scheduled shipping services to move Afghan goods through the Ind