During the first month of the PML-N-led coalition government, the Large-Scale Manufacturing (LSM) decreased by 13.3 percent month-on-month in April, as per...
HBL is the first bank in Pakistan to provide ‘full-featured’ banking services over WhatsApp. E.Ocean, a well-known cloud communication service provider, collaborated...
Dastgyr, a Pakistan-based B2B e-commerce marketplace, has raised USD 37 million in Series A funding led by Veon. On Tuesday, it was...
The criteria for non-resident Pakistani businessmen have been changed as they would now be required to file their income tax returns to...
The sell-off in cryptocurrencies deepened even further on Wednesday, with bitcoin sinking below $20,000 for the first time since December 2020. This...
In May 2022, the Securities and Exchange Commission of Pakistan (SECP) registered 1,906 new companies, bringing the total number of businesses registered...
The International Finance Corporation (IFC) has decided to invest $25 million in one of the country’s top fashion retailers Khaadi for creating...
How to speed up your dreams with the Binomo platform In this review, we’ll discuss all about how traders in Pakistan can...
Four Pakistanis have been named to the Forbes 30 under 30 Asia list for 2021. These Pakistani youngsters have been recognized for...
Amid increasing oil consumption and import bill because of international price hikes, the cash-strapped government is looking for the possibility of conserving...
A key international crypto company recommended the Pakistan government imposition of tax on crypto assets and frame guidelines in this respect. Aatiqa...
The digital world has transformed the way businesses operate and has given new impetus to entrepreneurs. It is a platform where businesses...
Researchers discovered that the average earnings of a street vendor in Pakistan is Rs 114,708, with 29 percent profit, while suggesting that...
The company proclaimed that it has accomplished its Pre-Series A round marking the highest investment in health tech to date. MedznMore has...
Lucky Cement Limited has earned a net profit of Rs 26.53 billion during the last nine months of 2021, as per the...
Fauji Fertilizer Company (FFC) Limited, Pakistan’s leading urea manufacturer, reported a profit after tax of Rs. 6.24 billion for the quarter ending...
United Bank Limited (UBL) reported a net profit of Rs 9.394 billion for the quarter ended March 31, followed by Meezan Bank...
The Securities and Exchange Commission of Pakistan (SECP) has done the registration process of 2,354 new companies in March 2022, making the...
The Securities and Exchange Commission of Pakistan (SECP) struck off over 3,000 inactive companies from its books during the period of December...
Pakistan-based Jugnu, a B2B E-commerce startup, has succeeded to raise US$22.5 million. The Series A round was headed by Saudi-HQ’d and MENAP servicing B2B...
Pakistani startups have raised $563.5 million in 255 deals from the year 2015. Only in 2021, 83 deals raised $350 million, revealed...
Bank financing to small and medium enterprises (SMEs) has jumped by 20 percent quarter-on-quarter in October-December 2021. The PTI government has been...
Imagine you have had a very long rough day at work; you come back home, open up your pantry to cook something....
A number of private global companies have found their own ways to hit back against the invasion as sanctions against Russia rack...
E-Tijarat, Pakistan’s first e-commerce online portal, was launched by Prime Minister Imran Khan to boost trading while also assisting the government in...
As we all know by now, Bitcoin (BTC) is a currency of the likes we’ve never seen before. It’s an entirely new...
Greater shipping charges, absence of refrigerated containers, and substandard quality of the crop are trouncing the Kinnow export this season. According to...
Guaranteeing a business-friendly environment is the topmost priority of the Punjab government and the business community will not experience any problem in...
The federal government has approved e-commerce policy and finalized its plan to inaugurate the first-ever virtual e-commerce university. Senator Aon Abbas, the...
The National Small and Medium Enterprises – SME Policy has been launched and hopefully the country would see the benefits of this...
Out of 168 proposed reforms, the Board of Investment (BOI) has completed 100 reforms which aim to identify, simplify, modernize the regulatory...
To enhance ease of doing business and boost exports, the Ministry of Information Technology and Telecommunication has recommended a 10-year tax exemption...
The government of Khyber Pakhtunkhwa (KP) signed 44 agreements worth more than $8 billion at the Dubai International Expo 2020 to attract foreign...
Pakistan has been welcomed to invest in core five sectors of Oman, i.e., mining, logistics, tourism, food security and industrial growth. During...
Binance has made contact with the Federal Investigation Agency’s (FIA) of Pakistan and committed full cooperation in the probe of a mega-scam...
Punjab’s Technical Education and Vocational Training Authority, in collaboration with Meta formally known as Facebook had trained 3,000 women and were planning...
The total assets of the banking sector rose 20.9 percent to Rs 28.790 trillion till September 2021 against Rs 23.808 trillion in...
Chinese Foreign Ministry Spokesperson Wang Wenbin addressing a press conference lauded Pakistani authorities over the launch of Pak-China Business Investment Forum (PCBIF)....
The first cargo train between Istanbul and Islamabad via Tehran (ITI) reached Ankara via Lahore, Taftan and Zahedan, completing its journey in...
Pakistan’s National Pavilion on JD.com, China’s e-commerce platform has been inaugurated, intended to provide a platform to Pakistani and Chinese dealers for...
Governor of the State Bank of Pakistan (SBP) Reza Baqir said that the SBP Asaan Finance Scheme (SAAF) will be a game-changer in...
Country’s non-textile exports grew 24.59 percent year-on-year to $4.61 billion in the first five months of the current fiscal year. The government...
The government revealed the new Small and Medium Enterprises (SME) Policy 2021-25, with the aim to promote nearly five million businesses via...
Almost eight companies went public in 2021, which records the maximum number of offerings within a year since 2015. The afresh registered...
Services export has been risen by over 24.25 percent year-on-year to $2.122 billion in the first four months of the current fiscal...
Coca-Cola Icecek Pakistan on Monday said the $50 million greenfield project in the Haripur district of Khyber Pakhtunkhwa would be completed by...
The import bill of 30 items reached Rs 696.346 billion during November as compared to Rs 287.131 billion during the same month, last year,...
The federal cabinet has approved the establishment of the “Pakistan Gems and Jewellery Export Promotion Authority”, the draft would be presented before...
Imports and exports both touched the highest-ever level in the first quarter of fiscal year 2021-22 (1QFY22) which persuaded the government to...
A chain of statistics issued by authoritative international agencies and the government of Pakistan reveals that currently, Pakistan’s economy is arriving at...
During the first four months of current fiscal year, foreign Direct Investment (FDI) decreased by 12 percent which stood at $662 million as...
The State Bank showed severe concerns over speculation by banks in the currency business, stating they were indulged in the multibillion-rupee game. ...
The Board of Investment (BOI) has initiated to conduct e-kachehry programs regularly for a purpose to resolve investment associated subjects. The interaction program...
The State Bank of Pakistan (SBP) increased its benchmark policy rate by 150 basis points on Friday, in line with market expectations,...
Exports of Pakistan to nine neighbouring countries rose by 31.56%, however, the imports from these countries also went up by 42.6% in the first...
Abhi, a Karachi-based salary advance startup has outstretched capitals at a $40 million assessment only four months after introducing its business, reported Bloomberg. ...
Almost eight sectors recorded double-digit growth during the first four months of the current fiscal as compared to these months of the last...
Pakistani mango exports to China saw an increase of more than 10 times as Pakistan sent 37.4 tonnes of fresh and dried mangoes...
The United States, China, and the United Kingdom (UK) continued to be the top three export destinations of Pakistani merchandise in the...
Daraz, the major e-commerce marketplace in South Asia, has revealed an 11.11 breaking record, having more than 14 million e-commerce consumers visiting...
Pakistan’s exports to China will double over the next three to five years because of the growing attention of local traders and...
Over 23 percent growth of Pakistan’s export of services has been recorded in the first quarter of the current financial year from...
State Bank of Pakistan has selected eight banks to get financing at 1 percent for onward lending to SMEs at a maximum end-user rate...
The first four months of the current fiscal year (4MFY22) posted a rise of more than 103 percent in trade deficit all...
There has been an increase in the exports of the country by 17.5 percent during the month of October 2021 to $2.471 billion which was $2.104...
Mastercard has announced a partnership with Bakkt, a cryptocurrency firm, to ensure that crypto alternatives are available to retailers across its payments...
National Logistics Cell (NLC) has completed first ever commercial road movement under TIR (Transports Internationaux Routiers or International Road Transports) to Turkey...
Securities and Exchange Commission of Pakistan (SECP) has decided launch an inquiry into the suspension of new trading system of the Pakistan...
In the Forbes 400 list, at least 15 are under the age of 40 and the youngest being 29-year-old Sam Bankman-Fried, who...
Searle Pakistan Limited, Pakistan’s pharmaceutical powerhouse, is preparing for the country’s largest initial public offering (IPO) in its history. Searle Pakistan Limited...
Foreign investment inflows increased to nearly $1 billion in the first quarter of the fiscal year 2021-22, owing primarily to government Sukuk...
Bitcoin climbed to a record high on Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund...
A senior government official said on Wednesday that the export diversification programme has just begun to show positive results, but that there is still...
The rupee appreciated slightly against the dollar in the inter-bank market on Friday and broke a four-day losing streak against the US dollar,...
Exports of vegetables increased by 82.88 percent and fruits up by 23.49 percent in the first two months of the current fiscal...
A welcoming ceremony was held on October 8 by the Turkish Trade Ministry in Istanbul after the Islamabad-Tehran-Istanbul Road Transport Corridor Project successfully carried commercial...
Merchandize exports to Japan from Pakistan witnessed an increase of 24.21 percent to reach $50.6 million during the first quarter (Q1) of...
According to Reuters, Fitch Ratings now anticipates the Pakistani Rupee to depreciate considerably further against the US Dollar in 2022. It lowered...
The US Dollar continues to increase its worth against the rupee, mounting to a historic high of Rs 172 in the open...
Systems Limited, a Lahore-based information technology company, and another Pakistani company, Highnoon Laboratories have been named to Forbes’ list of Asia’s Best Under A Billion. The...
Pakistan Single Window (PSW) will not only lessen the time, cost and impediments while contributing considerably towards simplicity of doing business, but...
Pakistan is looking to establish bilateral trade deals individually with Oman, Saudi Arabia, and the United Arab Emirates after trade talks within...
Pakistan exported 95,991 tonnes (worth $333 million) of meat and meat preparations in FY21 that is an all-time high figure. Managing Director of PK Livestock, Tariq Mehmood Butt...
Sabir Sami has been appointed as KFC Global Chief Executive Officer by Yum! Brands with effect from January 1, 2022, according to a...
Dr. Raza Baqir, Governor of the State Bank of Pakistan (SBP), has revealed that US dollars are being smuggled into Afghanistan from Pakistan. ...
The economy of Pakistan will grow at the rate of 4.2% during the current fiscal year against the government target to get...
Companies would be required to make payments on expenditures over Rs 250,000 through digital channel alone starting November 1, according to spokesperson...
The Current Account Deficit during the month of August has increased by 81 percent to $1.476 billion as compared to the previous...
State Bank of Pakistan (SBP) has increased the benchmark interest rate by 25 basis points to 7.25 percent on Monday after 15...
A 20 percent drop-down of Foreign direct investment (FDI) has been reported in the first two months (July-August) of the ongoing fiscal...
Another new achievement-Pakistani startups are on the way to make their space in the international platform by fascinating wider international investment and...
The fiscal year 2020-21 has been wonderful for the Large Scale Manufacturing- LSM Industries in Pakistan which showed a growth of 14.85...
The Pakistan government is concentrating on the ‘ease of doing business’ policy and extending facilities to investors, stated Prime Minister Imran Khan...
A big step for bilateral trade between Pakistan and Turkey as a direct land route via the Istanbul-Tehran-Islamabad (ITI) road corridor is...
A decline of 85-paisa in the inter-bank market owing to the pressures caused by external payments, hauled the rupee to a record...
Pakistan has received $5.364 billion in remittances during the first two months of the fiscal year 2021-22 (2MFY22), showed an increase of...
Making positive use of technical advancements, and accepting the request of the State Bank of Pakistan (SBP), National Database and Registration Authority...
The first-ever European Union (EU)-Pakistan Business Forum for Small and Medium Enterprises (SMEs) was launched on Thursday, aimed at boosting trade with countries...
The rupee ended the day weaker and lost 0.26 percent against US dollar, according to today’s inter-bank closing exchange daily report. The US dollar’s...
The Morgan Stanley Capital International (MSCI) has announced to cut down Pakistan Stock Exchange (PSX) among reduced progressive economies into Frontier Markets...
Pakistan Bureau of Statistics presented a report on Saturday, illustrating that exports of services have been increased by 6.39 percent to $483...
Despite significant domestic distrust and international warnings about consumer concerns, El Salvador became the first government in the world to accept bitcoin...
Another great achievement for Pakistan- Seed Out, a micro-entrepreneurs non-profit crowd funding platform has been conferred with Islamic Development Bank Award for inspirational achievement for the first...
South Korea became the first country to force Apple and Google to open up their app store to other payment systems. According...
During the month of August, the trade gap widened 133 percent to $4.05 billion against $1.740 billion during the same month, last year. This...
The net savings in National Savings remained negative during the fiscal year 2020-21, which has happened for the first time after 2004-05....
The country’s central bank has given overseas Pakistanis a variety of new investment choices in Pakistan, including public and unlisted enterprises, mutual...
Cargo handling activities at Karachi Port Trust (KPT) and Port Qasim Authority (PQA) recorded a growth of 25 percent and 13.72 percent in FY21...
With the commitment not to exit the International Monetary Fund (IMF) programme and instead take it to face-to-face talks in Washington in October, Finance...
The government is going to allow the remitters to redeem in-cash rewards for the points earned for sending remittances to Pakistan through...
SBP has issued a comprehensively revised set of instructions on the sale of third-party products, the instructions will be applicable from 1st November. ...
Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday said that that the government would take exports to...
Pakistan has shown a significant improvement in the overall business confidence in recent months, revealed Business Confidence Index (BCI). BCI survey has...
Starting this week, the US online payments giant PayPal said that British users will be able to buy, hold, and sell cryptocurrency. ...
There were vast opportunities for mutual trade and investment between Pakistan and Italy from which businessmen and traders of both the countries...
The crypto market remained bullish for the second straight day on Saturday, with the Bitcoin nearing $50,000 as it continues to rebound after months...
The inflow of foreign investment in T-bills during the second month of the current fiscal year reached $15.98 million against the outflow...
Roshan Digital Account (RDA) which was introduced last September became a wonderful source of getting foreign exchange as the deposits in this...
The State Bank of Pakistan (SBP) has introduced a financing scheme for Small and Medium Enterprises (SMEs) called SME Asaan Finance, enabling...
The overall increase has been seen in the Large Scale Manufacturing (LSM) sector by 14.85 percent during 2020-21 (FY21) against the previous...
The assets managed by the mutual fund 20-odd companies, has crossed one-trillion-rupee for the first time by the last day of the outgoing fiscal year. The...
Pakistan has received the third largest workers’ remittances amounting to $2.71 billion in July, the first month of current fiscal year. The...
On Thursday, the US dollar surpassed the Rs 164 barrier for the first time in ten months after SBP let the rupee...
Almost all Pakistanis received a cryptic message from McDonald’s, asking a simple question, “podina ly aun??” and people were unable to make any sense...
The fiscal year 2020-21 witnessed a big increase in the exports to the United Kingdom by 33% to 2.025 billion as compared...
The formal footwear production has plunged in 2020-21 amid covid-induced lockdowns and restricted timings of markets. According to the report released by the Pakistan Bureau...
Pakistan has decided to terminate 23 bilateral investment treaties (BITs) with different countries in order to avoid international arbitration with foreign firms...
The present government has been claiming to squeeze the trade deficit but things are now alarming as according to the data, issued...
Pakistan’s exports to Italy has recorded a 49 percent growth on a year-on-year basis to $786 million in the outgoing fiscal year...
The first month of the 2021-22 financial year has passed without any foreign inflow in the Pakistan Investment Bonds (PIBs). According to the report...
According to a statement released on Wednesday, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) organized an education campaign to...
Pakistan and Bahrain have signed MoU to promote bilateral businesses, will focus on sectors like healthcare and education, tourism, logistics, manufacturing, financial...
Pakistan’s exports regional countries saw a growth of 9.14 percent while imports grew by nearly 36 percent in FY21 from a year ago. ...
Even though Pakistan’s trade volume with China was barely one-fifth of India’s in 2020, a Pakistan ambassador predicted that Pakistan might surpass...
China has not imposed any restrictions on rice shipments from Pakistan, according to the Ministry of Commerce. In a statement, the ministry...
IMF has acknowledged the country’s stronger economic activity and believed the global economy to expand by 6 percent this year. On Tuesday, the International Monetary Fund...
Pakistani fintech Dastgyr has raised a $3.5 million seed round led by SOSV, takes the total capital secured so far to $4 million, including the angel...
According to a new report by global think tanks, Pakistan has now become one of the 10 top economies with the most...
The export of textiles greatly increase during the fiscal year 2020-21 to the extent of 22.94%, revealed by the Pakistan Bureau of...
According to data, the Pakistani rupee lost another 0.52% to close at 162.32 against the US Dollar in the interbank market on Friday,...
Credit to private sector by the banking system jumped 12 percent to a total of Rs 6.82 trillion in the previous fiscal...
In order to facilitate increased trade between both the countries, Punjab Board of Investment & Trade (PBIT), Embassy of the Republic of Indonesia...
The output of Large-Scale Manufacturing Industries (LSMI) increased by 14.57 percent in July-May 2020-21 compared to 11MFY20. According to the Pakistan Bureau...
Around Rs 16.2 trillion were the bank deposits on June 30, 2020, whereas, the deposits reached the height of Rs 19.8 trillion on the...
Pakistan has seen a boom in trading and mining cryptocurrency, with interest booming in 1000s of views of related videos on social...
Dawn Global has launched the Asian Growth Cubs Exchange Traded Fund (ETF) listed on the New York Stock Exchange (NYSE) on 17th June...
The Islamic Banking Industry (IBI) invested 23 percent more than the deposit growth during Jan-March 2021 (3QFY21), according to report issued by the State...
According to a top-level government official, Pakistan Post is set to inaugurate Pakistan’s first Amazon Fulfillment and Facilitation Center (AFFC) in South...
China-Pakistan Economic Corridor (CPEC) Chairman Lt Gen (retd) Asim Saleem Bajwa called upon investors from Singapore to tap into the opportunities being developed at the...
Islamabad and Kabul signed the protocol for a six-month extension of the Afghanistan–Pakistan Transit Trade Agreement 2010 (APTTA). In a video link ceremony, held on Thursday,...
The profits of Pakistani banks have surged by 42.92 percent in the calendar year 2020, according to the stats released by State Bank of...
Nigeria has has called for the establishment of more banking channels to facilitate bilateral trade between Pakistan and Nigeria. On Monday, the...
Pakistan recently borrowed an additional $1 billion through a three-phase Eurobond issuance that raised $2.5 billion in March 2021. The bonds were...
According to Saxo Markets, a stocks and shares ISA financial firm, the European Central Bank (ECB) is considering proposals for a digital...
More than 50,000 tonnes of mangoes have been exported during the first five weeks (May 25 to June 30) of the season as Pakistan hopes to...
Overseas Pakistanis have deposited approximately $1.6 billion through Roshan digital accounts (RDAs) from 171 countries in less than one year. The State...
Pakistan railways came with outstanding performance in the area of freight with Karachi division generating record freight revenue of Rs 18.76 billion in...
Pakistan Post has established Amazon Facilitation Centre to facilitate garments manufacturers and exporters on behalf of the government after becoming Amazon’s official...
The Securities and Exchange Commission of Pakistan (SECP) has launched a WhatsApp channel for business care to quickly respond to public inquiries...
Foreign investment in Pakistan Investment Bonds (PIBs) attracted a cumulative net inflow of $256 million during the outgoing financial year. During the...
The Sui Northern Gas Pipeline Limited (SNGPL) has suspended the gas supply to CNG, cement, and non-export industry of Punjab and Khyber...
Exports of Pakistan to nine regional countries witnessed a growth of 6.23 percent in 11 months of the outgoing fiscal year. According...
In what is seen as the latest sign of a growing crackdown on the crypto market around the world, largest cryptocurrency exchange...
The Federal Board of Revenue (FBR) raised nearly 70 percent of the total customs duty collection from 13 major sectors. An amount of...
The State Bank of Pakistan (SBP) has introduced a comprehensive policy to enhance the financial inclusion of Persons with Disabilities (PWDs). President...
Pakistan’s exports of textile and clothing rebounded during July 2020 to May 2021 mainly due to value-added sectors and posted a robust growth of 19% as...
Niger is going to establish special economic zones (SEZs) for Pakistan as it eyes to attract investment in the infrastructural sector in Africa. On...
Mariam Nusrat Adil, a Pakistani entrepreneur who is using the power of video games to inspire social change has made it to Forbes Next 1000 list, which...
In a recent Finance Bill, the government sought to classify online marketplaces (OMs) as “Tier 1 Retailers,” subjecting all transactions performed through...
The Board of Investment (BoI) did not invest its funds for profit considering it Riba and suffered a loss of Rs 212.2 million. On...
According to the State Bank of Pakistan’s recent instructions about changes to the pricing mechanism of inter bank funds transfer online, a...
The Board of Investment (BoI) has launched three platforms, will provide local and foreign investors ease in online registration. On Monday, BoI launched 3 platforms...
Japanese company Bears Inc has placed a $3.2 million order with Pakistani Saffran Group company for creation of an information technology platform...
Large-Scale Manufacturing (LSM) in Pakistan has seen a growth of 68.07 percent in April whereas, the sector’s output grew 12.84 percent in...
The exports from Pakistan has witnessed an increase of 13.97 percent during the first 11 months of the current fiscal year (11MFY21). ...
The private sector’s borrowing from banks jumped by 70 percent in the first 11 months of the current fiscal year, reflects higher...
Health ministry of Pakistan wants to increase 30 percent of the tax rates for the cigarette industry, federal government considering the proposal. ...
The State Bank of Pakistan (SBP) is going to launch a clean loan scheme for the cottage industry for up to Rs 10 million financing. “Government deserves...
Pakistan’s various sectors are ready to receive maximum benefits from the China-Pakistan Economic Corridor (CPEC) project which is considered a game-changer for Pakistan. According to experts...
The Securities and Exchange Commission of Pakistan (SECP) have registered 1,597 new businesses, more than doubled in May compared to the last...
The local sales of cement jumped 41 percent in spite of the long Eidul Fitr holidays and price increase by manufacturers in...
Yasir Humayun, the Punjab Higher Education Minister and head of the Punjab Information Technology Board (PITB), has launched the e-Earn scheme, which...
A Japanese firm, Bold Investment, has established its investment arm in Pakistan with aims to rise growth and potential in technology space...
The third largest retail store chain in the US, the Kroger Co. has added Pakistani food products to its outlets, announced Abdul Razak Dawood. ...
Just weeks after Amazon opened up its platform to Pakistani sellers, Pakistan Post Office has been formally authorized as the delivery partner...
As the government is preparing the budget for the upcoming fiscal year, the economic growth rate of Pakistan would catch pace next...
Bank advances via credit cards have swelled by 28 percent to Rs 53 billion in April from Rs 42 billion in the same...
The current account of the country continued to surplus with $773 million during the first 10 months of the current fiscal year...
Prime Minister Imran Khan has announced Rs 100 billion fund for startup loans and 170,000 skilled education scholarships so that the challenge...
The banks used to invest their largest part of liquidity in the government papers which are risk-free and give high yields. After...
All Pakistan Fruit and Vegetable Exporters, Importers & Merchants Association (PFVA) has set the target of mango export at 150,000 metric tons...
Foreign direct investment has fallen by 32 percent during the 10 months of the current fiscal year from July to April of...
In a webinar meeting, Australian High Commissioner Dr Geoffrey Shaw announced the increase of Pakistan’s exports to Australia by 30 percent. On...
Roshan Digital Accounts has witnessed a noteworthy upward trend following Prime Minister Imran Khan’s recent visit to the Kingdom of Saudi Arabia. ...
Pakistan’s National Incubation Center, ‘Ignite’ has been recognized by the International Telecommunication Union, an agency or digital tech run under the United...
The banking sector’s infection ratio rose from 8 percent in December 2018 to 9.3 percent at the end of March this year, according to...
The four Special Economic Zones (SEZs) are expected to create as many as 1.47 million jobs besides playing a vital role in boosting local industry. The...
During the first nine months of the current fiscal year, Pakistan imported cotton worth $1.838 billion. This is up 46% from the...
For the eighth consecutive working day, rupee has maintained its uptrend, hitting a 23-month high of Rs 152.27 against the US dollar...