The telecommunication industry attracted foreign direct investment of $ 6.1 billion from July 1, 2018, to March 30, 2022, said… Read More
Rupee Crashes to One of Its Biggest Ever Single-Day Drops Against the British Pound
The Pakistani Rupee (PKR) fell to another record low against the US Dollar (USD) and posted losses in the interbank… Read More
State Bank Likely to Raise Interest Rate to Avoid Disaster: Report
The State Bank of Pakistan (SBP) will most likely raise the policy rate by 100 basis points (bps) from 12.25… Read More
Pakistan and 43 Other Countries Met Today to Discuss Bitcoin Adoption
Delegations from Pakistan and 43 other nations met in El Salvador today to discuss Bitcoin adoption and other issues related… Read More
Raast Achieves 10 Million-User Milestone in Just 2 Months
The State Bank of Pakistan (SBP) has received an overwhelming response from the public as its initiative of Raast Payment… Read More
Rupee Suffers Another Huge Blow Against US Dollar as Oil Bill and IMF Stir Panic
The Pakistani Rupee (PKR) crashed to another all-time low against the US Dollar (USD) and posted losses in the interbank… Read More
PSX Sheds Over 1,100 Points During Intraday Crash As Economic Fallout Intensifies [Updated]
Pakistan equities witnessed a panic-struck selling spree during the early hours of trade on Monday amid a severe economic crisis… Read More
Govt Decides to Keep Petrol Prices Unchanged Despite IMF Pressure
The new government has decided to keep the prices of petroleum products unchanged till 15 May. An official document stated… Read More
High Inflation May Impact Economic Activities: Finance Ministry
High domestic inflation may impact domestic economic activities, this was stated by the Ministry of Finance in the Monthly Economic… Read More
KSE-100 Profitability Soars by 155% in Just Two Years
The profitability of the KSE-100 index in January-March of the financial year 2021-22 has increased by 155 percent in just… Read More
Pakistan Won’t Default on Debt Like Sri Lanka: Finance Minister
Pakistan will not be in the same predicament as neighboring Sri Lanka and has a strategy to restock its forex… Read More
Rupee Recovers Against US Dollar Despite Sudden SBP Reserves Drop
The Pakistani Rupee (PKR) recovered against the US Dollar (USD) and reported gains in the interbank market today. The local… Read More
