price hike Archives

USD all way going up – dirty politics in Pakistan

1Feb

By Muhammad Dastageer ShamsNo Comments

Pakistan

USD all way going up – dirty politics in Pakistan

The Pakistani currency, the Pakistani Rupee (PKR), has been struggling in recent months. The US dollar (USD) is reaching new highs against the local currency due to dirty politics. The USD is rising due to a number of factors. These include factors such as economic instability, rising inflation, and geopolitical tensions. However, some experts have also pointed to the role of dirty politics in the country. They believe that dirty politics is also contributing to the weakening of the PKR. Political instability in Pakistan has long been a concern for investors. Many foreign companies are hesitant to invest in the country due to the perceived risks. Experts are criticizing the current government for its handling of the economy. However, some accuse the government of prioritizing short-te...

Gold prices crossed 2 lac per tola

The gold prices have crossed the milestone of 2 lac Pakistani rupees per tola in Pakistan. This created a buzz in the jewelry industry and amongst gold traders. This is the first time that gold prices have reached this level in the country. Moreover, the news has caught the attention of investors and the public alike. Gold has always been a popular commodity in Pakistan. Moreover, people often turn to it as a safe haven for their investments. There are many factors that are contributing to this rise in Gold prices to 2 lac per tola. These include factors such as global economic uncertainty, the devaluation of the Pakistani rupee, and increased demand from China and India. According to market analysts, the increase in gold prices is likely to continue. This will make it an attractive...

Pak Suzuki again increased prices of its automobiles

Pak Suzuki Motor Ltd has increased the prices of its automobiles again. Its 3rd time in 2022 that the prices has been increased with an excuse of price hike in raw material. Although, govt has asked to explain the reason behind the price hike but it seems useless. The latest price hike ranges from Rs. 40,000 to Rs. 129,000. Effective immediately, the new prices of Suzuki vehicles are as follows: Suzuki Alto: People can also book the Alto with an installment of As low as PKR 35,725* /month ModelOld Price (PKR)New Price(PKR)Price Diff(PKR)Alto VX1,425,0001,475,00050,000Alto VXR1,675,0001,733,00058,000Alto VXL-AGS1,886,0001,951,00065,000Suzuki Alto Prices Suzuki WagonR: People can also book the WagonR models with an installment of As low as PKR 50,440* /month ...