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Rupee further strengthens against dollar

Source: Geo News | 21-12-2013

The rupee ended higher at 105.75 against the dollar on Friday, Geo News reported.

The dollar, after a fall of 65 paisa ended at four-month low against rupee at 105.75 in the open market.

Following the statement of Finance Minister Ishaq Dar about decrease in the value of the dollar, people have started to cash it as a result its value has come down.

Asian stocks suffer from fears of Syria intervention

Source: Geo News | 27-08-2013

HONG KONG: Asian markets were mostly lower Tuesday, tracking losses in Wall Street amid fears of US military intervention in Syria. US Secretary of State John Kerry warned Syria it would face action over the "moral obscenity" of a chemical weapons attack, as expectations grow that Washington and its allies are preparing to launch a punitive..... Read more

Oil prices ease in Asian trade

Source: Geo News | 07-04-2014

Crude prices dropped in Asian trade Monday after rebels agreed to reopen two of the four blockaded oil terminals in eastern Libya, analysts said. New York´s main contract West Texas Intermediate (WTI) for May delivery dropped 26 cents to $100.88 a barrel in mid-morning trade and Brent North Sea crude for May slid 82 cents to $105.90. Read more

Karachi stock seen upbeat this morning

Source: Geo News | 26-07-2013

KARACHI: Karachi Stock Exchange (KSE) with the very ‘go’ of trading was seen buoyant Friday morning, Geo News reported. The investors preferred to go for buying profitable shares, which saw till the filing of this report the benchmark KSE-100 index surging by 48 points to peg at 23,622. It may be recalled that following last five consecut..... Read more

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