Pakistan’s liquid foreign reserves witnessed an outflow of $377 million in the week that ended on April 23, 2022, depicting… Read More
Govt Raises Rs. 376 Billion Through Pakistan Investment Bonds
The government on Thursday raised Rs. 376 billion through the auction of fixed-rate Pakistan Investment Bonds (PIBs) against an auction… Read More
PM Shehbaz Rejects Summary for Petrol Price Hike Once Again
Prime Minister Shehbaz Sharif has rejected the summary for a hike in the prices of petroleum products for the second… Read More
Rupee Falls Sharply Against US Dollar After Bad News from IMF
The Pakistani Rupee (PKR) reversed its momentum against the US Dollar (USD) and reported losses in the interbank market today.… Read More
Pakistan’s Oware Raises $3.3 Million in Pre-Seed Investment
Oware, a Pakistan-based B2B warehousing and distribution startup, has raised $3.3 million in pre-seed funding. The round is backed by… Read More
Attracting US Investment Govt’s Top Priority: Miftah
Federal Minister for Finance and Revenue Miftah Ismail Wednesday said that attracting US investment in different sectors of Pakistan’s economy… Read More
Cut-Off Yield on T-Bills Up by 129 BPS
The cut-off yields on Treasury Bills (T-Bills) were up by 96-129 basis points (bps) in the auction of the paper… Read More
KP Announces 6 Holidays for Schools and Offices on Eid
Khyber Pakhtunkhwa government has notified Eid-ul-Fitr holidays from Monday 2 May to Friday 6 May in all public and private… Read More
Report Reveals Which Out of PTI, PPP and PML N Govts Controlled Inflation Better
Inflation was the highest during Pakistan Peoples Party’s (PPP) 2008-13 tenure, second-highest during Pakistan Tehreek-e-Insaf’s (PTI) government, and the least… Read More
Fauji Fertilizer Posts Rs. 6.24 Billion Profit in Q1 2022
Pakistan’s largest urea manufacturing company, Fauji Fertilizer Company (FFC) Limited, has posted a profit after tax of Rs. 6.24 billion… Read More
Rupee Continues Winning Streak Against US Dollar Despite Oil Rebound
The Pakistani Rupee (PKR) continued its good run against the US Dollar (USD) and reported gains in the interbank market… Read More
Diesel Crisis to Worsen Thanks to Bottleneck at Port Qasim
At least six oil vessels are anchored or adrift at Port Qasim while waiting to be discharged as an import… Read More
