Pakistan finds itself in deep economic malaise which could further worsen according to Economic Analyst Shahid Mehmood. In a series… Read More
Pakistan’s Forex Reserves Plunge by $1 Billion
Pakistan’s liquid foreign reserves witnessed massive outflows of $1 billion in the week that ended on April 1, 2022, depicting… Read More
Rupee Bloodbath Results in Biggest Single-Day Loss Against US Dollar in Over a Year
The Pakistani Rupee (PKR) continued its record-breaking fall against the US Dollar (USD) and reported losses in the interbank market… Read More
SBP Raises Interest Rate by 2.50% in Emergency Meeting
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Thursday raised the policy rate by 250 basis points… Read More
PTA Bans SMS Marketing of Illegal Housing Schemes Located in Lahore
Pakistan Telecommunication Authority (PTA) has banned SMS marketing of illegal housing societies located on the premises of the Lahore region.… Read More
Cut-Off Yield on T-Bills Up by 80 BPS
The cut-off yields on Treasury Bills (T-Bills) were up by 60-80 basis points (bps) in the auction of the paper… Read More
Careem Hints At Crypto Payments in the Future
Dubai-based Careem is looking to hire a Director of Crypto for Careem Pay to help develop and lead its digital… Read More
For the First Time Ever, Rupee Plunges Below 186 Against US Dollar
The Pakistani Rupee (PKR) continued its hopeless fall against the US Dollar (USD) and reported losses in the interbank market… Read More
Textile Exports Hit All-Time High of $14.26 Billion in 9 Months of FY22
Pakistan’s exports of textiles surged to an all-time high as they rose by 26 percent to $14.26 billion during the first… Read More
FBR Revises Minimum Value of Supply of 5 Locally Produced Steel Goods
The Federal Board of Revenue (FBR) has increased the minimum value of supply of five locally produced steel goods, which… Read More
Rupee Crashes to One of Its Biggest Single-Day Losses Against US Dollar in 2022
The Pakistani Rupee (PKR) continued its historic landslide against the US Dollar (USD) and reported losses in the interbank market… Read More
Pakistan’s Kinnow Exports Decline More Than 40%
Pakistan’s kinnow exports have dropped by more than 40 percent, with less than 200,000 tons exported to foreign destinations during… Read More
