The Weakening Rupee and its fluctuating exchange rate against the dollar have become a matter of concern in the interbank market. On Tuesday, the rupee experienced a significant depreciation of Rs2.46 against the dollar, dampening the initial optimism surrounding the agreement with the International Monetary Fund (IMF). Understanding the Exchange Rate Movement According to the… Read More »
The Pakistani rupee witnessed a significant surge in the interbank market on Tuesday, following a breakthrough deal with the International Monetary Fund (IMF). Bullish Trend in Currency Market Inspired by Pakistan Stock Exchange (PSX) Taking inspiration from the remarkable 5.9% surge in the Pakistan Stock Exchange (PSX) during the first trading session on Monday, the… Read More »
Empowering Communities: King Salman Humanitarian Aid and Relief Center Extends Support on Eid Al-Adha Saudi Arabia, renowned for its commitment to humanitarian causes, continues its noble efforts by distributing sacrificial meat to the underprivileged in Yemen, Sudan, and Somalia. The King Salman Humanitarian Aid and Relief Center (KSrelief) has taken the lead in this endeavor,… Read More »
The annual Hajj pilgrimage in Makkah’s Grand Mosque is set to witness an unprecedented gathering of Muslims from around the world. With over 2 million faithfuls from 160 countries expected to participate, this year’s Hajj is poised to break attendance records. The Saudi Ministry of Hajj and Umrah predicts that the number of pilgrims will… Read More »
In a significant development, a substantial number of Pakistani pilgrims have reached Saudi Arabia for the annual Hajj pilgrimage. As per the Ministry of Religious Affairs and Interfaith Harmony, a total of 157,000 individuals from Pakistan have embarked on this spiritual journey. This article sheds light on the participation of Pakistani pilgrims in both the… Read More »