The National Assembly (NA) has passed the contentious Finance (Supplementary) Bill, sometimes known as the “mini-budget,” in the penultimate hour… Read More
Pakistan’s Forex Reserves Plunge by $118 Million in First Week of 2022
Pakistan’s liquid foreign reserves witnessed an outflow of $118 million in the first week of 2022 that ended on January… Read More
Bank Alfalah Warns Customers Against Crypto Transactions
Bank Alfalah Limited (BAFL) has started sending SMS alerts, warning its customers against carrying out cryptocurrency transactions through its banking… Read More
Rupee Collapses Against Major Currencies After Global Inflationary Concerns
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses in the interbank market today. It… Read More
Cut-off Yield on T-Bills Drops by 14 BPS
The cut-off yields on the auction of market treasury bills (T-Bills) dropped by 14 basis points despite an increase in… Read More
Petrol Prices Likely to Cross Rs. 150 Soon
Petroleum prices in Pakistan are likely to increase from 16 January 2022 following the price hike in the international market.… Read More
40% of Crops Are Wasted Before Getting to Grocery Stores
Lahore-based business-to-business (B2B) marketplace, Tazah, is on a mission to make Pakistan’s agricultural supply chain more efficient and equitable. This… Read More
Cnergyico Pk Ltd to Become Pakistan’s Largest Private Fuel Retailer With a New Acquisition
Cnergyico Pk Limited, formerly known as Byco Petroleum Limited, is in advanced talks to acquire a controlling stake in Puma… Read More
Submarine Cable Fault Disrupts Internet Services Across Pakistan Again
A fault in one of the international submarine cables, the SMW4, has been reported, resulting in degraded internet services across… Read More
Pakistan’s Economic Fundamentals Remained Stable Despite COVID: Governor SBP
Pakistan’s economic fundamentals and overall performance remained stable during the COVID-19 pandemic, said Governor State Bank of Pakistan (SBP) Dr.… Read More
Iran Allows Use of Cryptocurrencies For International Trade
The Central Bank of Iran (CBI) and Iran’s Ministry of Trade have struck a deal with local businesses to allow… Read More
Rupee Posts Big Gains Against the US Dollar Following World Bank’s Projections
The Pakistani Rupee (PKR) posted gains against the US Dollar (USD) for the second consecutive day in the interbank market… Read More
