The Pakistani Rupee (PKR) continued its historic drop against the US Dollar (USD) and reported losses in the interbank market… Read More
Gas Crisis Looms Over Pakistan as Gunvor Again Defaults on LNG Cargo Deliveries
GUNVOR, a Singapore-based LNG trading company, has refused to deliver four Liquefied Natural Gas (LNG) cargoes to Pakistan in the… Read More
Rupee Landslide Hits New Lows Against Dollar Amid IMF Talks and Political Heat
The Pakistani Rupee (PKR) continued its historic drop against the US Dollar (USD) and reported losses in the interbank market… Read More
World Bank to Approve $300 Million for KP Rural Investment by Thursday
The World Bank’s Executive Board is likely to consider the Khyber Pakhtunkhwa Rural Investment and Institutional Support Project worth $300… Read More
Petrol and Diesel Prices to Break All Previous Records in April
The Price Differential Claim (PDP) of the Oil Marketing Companies and Refineries is projected to reach Rs. 36.07 per liter… Read More
ECC Approves Revision in Premium on Diesel
The Economic Coordination Committee (ECC) of the Cabinet Friday approved the summary moved by Petroleum Division on High-Speed Diesel (HSD)/… Read More
Pakistan Back to Being a Sugar Surplus Country: Finance Minister
Federal Minister for Finance & Revenue, Shaukat Tarin stated on Friday that the production of sugar in the country is… Read More
Rupee’s Record-Breaking Fall Against US Dollar Resumes Despite Decline in Oil Prices
The Pakistani Rupee (PKR) resumed its historic drop against the US Dollar (USD) and reported losses in the interbank market… Read More
Govt Increases National Savings Profit Rates by 100 BPS
The government has increased the profit rate on several national savings certificates and schemes by 48 to 100 basis points.… Read More
SBP Reserves Plunge by Massive $869 Million in One Week
The foreign reserves held by the State Bank of Pakistan (SBP) witnessed substantial outflows of $869 million in the week… Read More
Pakistan’s Rising Trade Balance Putting Pressure on Rupee: Deutsche Bank
Pakistan’s widening trade balance has put the Rupee under immense pressure as energy and commodity prices continue to surge, reported… Read More
Pakistan’s Real Effective Exchange Rate Increases to 97.91 in Feb 2022
Pakistan’s Real Effective Exchange Rate (REER) has increased by 0.9 percent to 97.91 in February 2022. According to the latest… Read More
