Daily The Patriot

Business

Stability in Supply, Vigilance in Policy

SBP keeps policy rate unchanged at 11pc
The State Bank of Pakistan (SBP) has decided to maintain the policy rate at 11 percent, disappointing investors and the business community who had anticipated a reduction. SBP Governor Jameel Ahmad announced the first monetary policy of fiscal year 202…
Gold rises amid uncertainty over US tariff policies
Karachi: After a continuous increase in the price of gold, the decline has now continued and the price of gold was recorded in the bullion market for the second day as well. In the local bullion markets, gold became cheaper by Rs 2,300 per tola, after …
Gold falls on investor caution ahead of key US economic data
Karachi: The price of gold has increased by Rs 3,700 in the domestic bullion markets, after which one tola of gold has become Rs 364,900. According to the report of the All Pakistan Gems and Jewelers Association, 10 grams of gold has reached Rs 312,842…
Gold falls on investor caution ahead of key US economic data
Gold prices recorded a major decline in global and local markets today. The price of gold per ounce in the international bullion market fell by $30 to $3,335. Due to the decline in the global market, gold prices also declined in local bullion markets o…
New UK eVisas for Pakistani students and workers
Most main applicants travelling to the UK on study or work-related visas will no longer need a physical sticker visa in passports from today (15 July). The UK Government is replacing physical immigration documents for most student and worker visas with…
Petrol price drops by Rs7.54 per litre for next fortnight
The trend of increasing crude oil prices in the global market is continuing, due to which the prices of petrol and diesel in the country are likely to increase by up to Rs 6.50 per liter for the next 15 days. According to the report, it is proposed to …
Gold edges lower on firmer dollar after strong US jobs data
Karachi: Gold prices have increased in global and local markets. According to Express, the price of gold per ounce in the international bullion market increased by $21 to $3,345, after which the price of gold per tola also increased by Rs2,300 to Rs357,00…
Foreign exchange reserves reached $19.6 billion.
According to the State Bank of Pakistan, foreign exchange reserves have decreased by $153 million in a week due to external payments. According to Express News, the State Bank of Pakistan has released a weekly report on foreign exchange reserves. Ac…
SBP keeps policy rate unchanged at 11pc
The State Bank of Pakistan (SBP) has decided to maintain the policy rate at 11 percent, disappointing investors and the business community who had anticipated a reduction. SBP Governor Jameel Ahmad announced the first monetary policy of fiscal year 202…
Gold rises amid uncertainty over US tariff policies
Karachi: After a continuous increase in the price of gold, the decline has now continued and the price of gold was recorded in the bullion market for the second day as well. In the local bullion markets, gold became cheaper by Rs 2,300 per tola, after …
Gold falls on investor caution ahead of key US economic data
Karachi: The price of gold has increased by Rs 3,700 in the domestic bullion markets, after which one tola of gold has become Rs 364,900. According to the report of the All Pakistan Gems and Jewelers Association, 10 grams of gold has reached Rs 312,842…
Gold falls on investor caution ahead of key US economic data
Gold prices recorded a major decline in global and local markets today. The price of gold per ounce in the international bullion market fell by $30 to $3,335. Due to the decline in the global market, gold prices also declined in local bullion markets o…
New UK eVisas for Pakistani students and workers
Most main applicants travelling to the UK on study or work-related visas will no longer need a physical sticker visa in passports from today (15 July). The UK Government is replacing physical immigration documents for most student and worker visas with…
Petrol price drops by Rs7.54 per litre for next fortnight
The trend of increasing crude oil prices in the global market is continuing, due to which the prices of petrol and diesel in the country are likely to increase by up to Rs 6.50 per liter for the next 15 days. According to the report, it is proposed to …
Gold edges lower on firmer dollar after strong US jobs data
Karachi: Gold prices have increased in global and local markets. According to Express, the price of gold per ounce in the international bullion market increased by $21 to $3,345, after which the price of gold per tola also increased by Rs2,300 to Rs357,00…

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Salman Khan Niazi

Chairman, Daily The Patriot