Finance : Dollar increased after Eid holidays

 

KARACHI: During the 3-day business week after the Eid-ul-Fitr holiday, the value of foreign currency increased, during which the dollar appreciated by 37 paise. According to the details, after the end of the Eid-ul-Fitr holidays, the dollar became expensive by 37 paise in the interbank market during the 3 days. During April 26 to 28, 2023 (Wednesday to Friday), the dollar closed at Rs 283 84 paisa from Rs 283 47 paise at the interbank level. During a week, the dollar depreciated by Rs 2 to Rs 290 in the open market. In the open market, during this period, Euro became expensive by 2 rupees to 317 rupees, British pound increased by 1 rupee 50 paise to 360 rupees, Emirati dirham decreased by 5 paise to 79 rupees 20 paise and Saudi riyal increased by 15 paise to 76 rupees 60 paise. Done. On the other hand, the State Bank of Pakistan says that the reserves of the State Bank increased by 30 million dollars. State Bank's foreign exchange reserves increased from $4.43 billion to $4.46 billion. The deposits of commercial banks increased by 3 million dollars to 5.56 billion dollars.

 

Comments

Post a Comment

Popular posts from this blog

Tosha Khana Case: Decision to chargesheet Imran Khan

Image
  Islamabad: The Sessions Court has decided to charge PTI Chairman Imran Khan in the Tosha Khana case on May 10. According to the details, the Tosha Khana case was heard in the court of Additional Sessions Judge in Islamabad, Imran Khan's lawyer Khawaja Haris. He said that the application was filed when the Tosha Khana case was admissible, the application was filed under Section 190A of the Election Act, the Sessions Court cannot hear the Tosha Khana case directly. Imran Khan's lawyer, Khawaja Haris, objected to the jurisdiction of the court and read out sections 190 and 193 of the Election Act in the court. Khawaja Haris said that the hearing of the case and the trial are two different things, if the case is sent under section 190, then the session court can hear the case, the complaint procedure of the petitioner district election commissioner is not correct, the complaint is in the magistrate's court. After going to the Sessions Court, the complainant is the District El...
Read more

Chances of tax relief in the budget are less, decision not to abolish super tax

Image
Islamabad: Sources say that the chances of tax relief in the budget will be less, the government has refused to give tax exemptions to the Chamber of Commerce and Industry. According to details, sources have said that the tax exemption is being phased out in the budget, so the tax exemptions will be further reduced, FBR is stubborn to maintain the super tax in the budget. According to FBR sources, IMF has demanded FBR not to abolish super tax, so it has been decided not to abolish super tax on those with income above 15 crores in the upcoming budget. Unmute 1% super tax on annual income of 15 crores, 2% super tax on annual income of 20 crores, 3% super tax on annual income of 25 crores, 5% super tax on annual income of 30 crores and annual income above 30 crores. But 10 percent super tax is likely to remain applicable. There will be super tax on automobile, beverages, chemicals, fertilisers, steel and cement sectors, 10 per cent super tax will be levied on petroleum sector income abo...
Read more

Former Army Chief responsible for distrust : Imran Khan

Image
ISLAMABAD: Chairman Tehreek-e-Insaf Imran Khan held the former army chief responsible for the no-confidence motion against him in a Zoom meeting with the American Congresswoman. According to the details, the alleged audio of Pakistan Tehreek-e-Insaf Chairman Imran Khan's Zoom meeting with the American Congresswoman has come to light. In the audio, Imran Khan blamed the former army chief for the no-confidence motion against him, whereas in the past, Imran Khan used to blame America for the no-confidence motion. In the alleged audio, Imran Khan said while talking that we are currently facing a very difficult situation, this country is going through the most difficult period in history, an assassination attempt was made on me, 3 bullets hit my leg. The former prime minister said that my government was removed by the former army chief, the establishment is powerful in our country, the former army chief conspired with those who are in power today, the army is very powerful here, that...
Read more