The Pakistani Rupee (PKR) continued to fall against the US Dollar (USD) and posted losses in the interbank market today.… Read More
SBP Raises Interest Rate by 1.50%
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday raised the policy rate by 150 basis points… Read More
FBR Illegally Exempts Diplomatic Imports from Sales Tax
The Federal Board of Revenue (FBR) has overstepped its legal domain by unilaterally restoring sales tax exemption on imports by… Read More
Govt to Present Budget 2022-23 on June 10
The coalition government has announced the date for the submission of the budget for the fiscal year 2022-23 in the… Read More
Import Ban and Taxes Will Decrease Pakistan’s Forex Reserves in Reality: WB Economist
Import bans are not the answer to balance of payments constraints, rather, they exacerbate the underlying problem, according to World… Read More
State Bank to Announce Monetary Policy On Monday
The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Monday, May 23, 2022, in Karachi… Read More
Rupee Falls Against US Dollar 11th Day in a Row Despite ‘Good News’
The Pakistani Rupee (PKR) struggled against the US Dollar (USD) and posted losses in the interbank market today. It depreciated… Read More
Development Spending Throw-Forward Soars to Rs. 6 Trillion
Unavailability of funds for the developmental budget has caused the throw-forward of the Public Sector Development Program (PSDP) to reach… Read More
Pakistan’s Forex Reserves Plunge by $215 Million
Pakistan’s liquid foreign reserves witnessed an outflow of $215 million in the week that ended on May 13, 2022, depicting… Read More
Rupee Shatters All Records Against US Dollar Amid Tricky IMF Talks and Oil Drop
The Pakistani Rupee’s (PKR) hopeless collapse made history against the US Dollar (USD) and posted losses in the interbank market… Read More
Rupee Crashes After Worst-Ever Drop Against US Dollar Since 2020
The Pakistani Rupee (PKR) crashed to another record low against the US Dollar (USD) and posted losses in the interbank… Read More
World Bank Approves Rs. 56.7 Billion Loan for 300MW Solar Project At Tarbela
The World Bank has agreed to provide Rs. 56.697 billion for the installation of 300MW Floating Solar Photovoltaic (FPV) on… Read More
