A currency dealer counts US dollars at a store in Karachi, May 19, 2022. — AFP/File The rupee ends the week at 278.56 against the US dollar on Friday. It will remain stable thanks to the IMF program: report. The currency will move in tight ranges over the next few sessions. KARACHI: Thanks to healthy … Read more
A view of the Green Line Express train connected to new coaches imported from China at a station. — APPLICATION/File Pakistan Railways plans to launch a high-speed express train between Lahore and Karachi, similar to the Green Line Express which runs between Islamabad and Karachi via Lahore. “The main objective of this new train service … Read more
A trader counts Pakistani rupee notes at a currency exchange office in Peshawar. — Reuters/File The banking sector rate increased from 39% to 44%. The national treasury is expected to receive between 70 and 75 billion rupees in taxes. ADR to be replaced by fixed maximum slab ratios. ISLAMABAD: The federal government plans to add … Read more
A man draped in a shawl crosses a bridge in Karachi. — AFP/File The ongoing cold wave hitting the country, including Karachi, is likely to intensify further during the second week of January 2025, the Pakistan Meteorological Department (PMD) predicted on Wednesday. Talk to Geo news, PMD chief meteorologist Sardar Sarfaraz said, “The cold may … Read more