The Pakistani Rupee (PKR) finally recovered against the US Dollar (USD) and posted big gains in the interbank market today.… Read More
SBP Injects Rs. 1.8 Trillion for 63 Days Through Open Market Operations
After a gap of three months, the State Bank of Pakistan (SBP) again conducts a 63-day Open Market Operation (OMO)… Read More
Pakistan Default Risk Soars While Facing Foreign Debt Worth Billions
Pakistan is looking at a massive foreign debt of $6.4 billion that is due over the next three years, as… Read More
PSX Gains Over 980 Points After Govt Withdraws Fuel Subsidies
The Pakistan Stock Exchange (PSX) rallied in the week’s last trading session as the bulls took control over the market.… Read More
SBP Reserves Decline by $75 Million
The foreign reserves held by the State Bank of Pakistan (SBP) witnessed outflows of $75 million in the week that… Read More
Rupee Surprisingly Holds Out Against US Dollar Despite Bad News from IMF
The Pakistani Rupee (PKR) continued to struggle against the US Dollar (USD) and posted losses in the interbank market today.… Read More
Pakistan Eyeing Potential Gas Import Deal with Russia: Report
Pakistan is in talks with a number of countries, including Russia, to pen a liquefied natural gas (LNG) import deal… Read More
Countrywide Protests Costing Rs. 100-150 Billion a Day: Economists
The countrywide road blockades and supply chain disruptions amid the Pakistan Tehreek-e-Insaf (PTI)’s Azadi March have caused an estimated loss… Read More
Rupee Plunges Further Against US Dollar Despite Positive Saudi News
The Pakistani Rupee (PKR) shattered its previous record low against the US Dollar (USD) and posted losses in the interbank… Read More
Airlift Shuts Down Operations in Multiple Cities
In light of the significant downturn in global capital markets, Airlift is undertaking a strategic realignment to reduce the area… Read More
Pakistan and IMF Likely to Reach Bailout Deal: William Blair
Pakistan will reach an agreement with the International Monetary Fund (IMF) for a bailout, William Blair Investment Management told Bloomberg… Read More
SECP to Launch Takaful Tech for Revolutionizing Islamic Insurance Sector
The Securities and Exchange Commission of Pakistan (SECP) is planning to work with stakeholders for increasing the volume of Takaful… Read More
Rupee Breaks Records Against US Dollar and Other Currencies Despite SBP Decision
The Pakistani Rupee (PKR) continued to slide against the US Dollar (USD) and posted losses in the interbank market today.… Read More
SBP Jacks Up Mark-Up Rate by 2% on Export Finance Scheme
The State Bank of Pakistan has jacked up the mark-up rate for financing under Export Finance Scheme (EFS) by 200… Read More
Rupee Starts Sliding Rapidly Again as GBP Hits Record High After Govt Postpones Subsidy Decision
The Pakistani Rupee (PKR) continued to fall against the US Dollar (USD) and posted losses in the interbank market today.… Read More
