Business

Dollar is still king, even as coronavirus slams US
Business

Dollar is still king, even as coronavirus slams US

New York City (AFP): The coronavirus outbreak in the United States has caused millions of people to lose their jobs and brought the economy to its knees but it has not dethroned the American dollar.

Abdul Razak Dawood removed as Commerce Adviser

Islamabad: Prime Minister Imran Khan has removed Abdul Razak Dawood as Adviser for Commerce, Industry and Investment. ...

FBR gets new chief as govt removes Shabbar Zaidi

Islamabad: The federal government on Monday appointed Nausheen Amjad Javed as a new head of the Federal Board of Revenue (FBR). ...

PM's concession package to benfit industrialists, labourers

Islamabad: Prime Minister’s Special Assistant Dr. Firdous Ashiq Awan on Sunday said that the PM's concession package for the construction sector will bring new life to the industires, adding that industrialists and the working class will get benefit from it ...

World Bank approves $160b emergency aid over 15 months

Washington: The World Bank has approved 160 billion dollar emergency aid over 15 months to help countries deal with the impact of the global coronavirus pandemic. ...

Utility bills’ deadline extended, duties removed from food items

Islamabad: Public has been given three months to pay the gas and electricity bills in three months without any late payment surcharge. ...

No shortage of wheat; Asad Umar refutes rumors

Islamabad: Federal Minister Asad Umar categorically denied rumors that there was a wheat shortage in the country, requesting people to not hoard the food staple. ...

LPG prices reduced

Islamabad: Days after a substantial reduction in prices of fuel products, Oil and Gas Regulatory Authority (OGRA) on Tuesday reduced the prices of LPG. ...

US dollar continues to rise, reaches Rs166.50 in interbank market

Karachi: As the devaluation of Pakistani rupee is still continued, the US dollar gained 96 paisas to reach Rs166.50 in the interbank market on the first trading day of the week amid ongoing coronavirus lockdown. ...