A person can be seen arranging stacks of PKR notes. — AFP/FileOver 70% of interest payments go to local banks.Foreign debt beyond govt’s control for riba transition.Pre-2028 conventional debt to be replaced only at maturity.ISLAMABAD: Pakistan’s massive interest payment…
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A pump jack is seen at sunrise near Bakersfield, California.— Reuters/FileGlobal supply to drop by 8m bpd in March due to Hormuz blockade.IEA says recovery of production could take weeks or months.IEA head says oil reserve release has ‘strong impact’ on markets.
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Gold rebounds sharply in Pakistan amid international rally
A representational image of Gold on weight machine. — Reuters/File
Gold regained upward momentum on Tuesday in both local and international markets, with prices in Pakistan soaring by Rs24,000 per tola after a decline the previous day.
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PSX hits record high on UAE investment optimism
Stockbroker monitors share prices during a trading session at the Pakistan Stock Exchange in Karachi, 21 January 2025. — INPKSE-100 Index closed at 173,896.34 points, up 1,495.61 points, or 0.87%.Index hit all-time high of 174,411.72, gaining 2,010.99 points, or 1.17%.It touched a…