The Pakistani Rupee (PKR) finally held out against the US Dollar (USD) after five consecutive days of losses, and appreciated… Read More
SBP Increases Policy Rate by 1%
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Tuesday raised the policy rate by 100 basis points… Read More
SBP Makes Use of Banking Channels Mandatory for Exporters to Afghanistan and CARs
The State Bank of Pakistan (SBP) has withdrawn facilities for exporters of Afghanistan and Central Asian Republics (CARs) in response… Read More
Pakistan Received 47% More Loans This Year: Report
The government received $15.32 billion in fresh foreign loans from multilateral institutions and commercial banks during the previous fiscal year,… Read More
Govt to Consider Extending Deadline for Old Banknotes
The federal cabinet will today decide whether to allow some citizens to exchange old notes until December 31, 2026. Although… Read More
Power Distribution Companies Can Now Change CEO Appointment Criteria
Power distribution companies (DISCOs) can now change requirements for the appointment of Chief Executive Officers under the existing requirements. The… Read More
Rupee Sets 5th All-Time Low Record Against the US Dollar in 5 Days
The Pakistani Rupee (PKR) continued its historic decline against the US Dollar (USD) for the fifth day in a row… Read More
Crypto Scammers Hack Indian PM Narendra Modi’s Twitter Account
Crypto scammers, on Sunday, hacked Indian Prime Minister Narendra Modi’s Twitter account, posting a message that “The Indian government had… Read More
ECNEC Approves New Gwadar Airport at 550% of Original Cost
The federal government has approved the establishment of the New Gwadar International Airport (NGIA) at a cost of Rs. 51.298… Read More
Rupee Maintains Historic Losing Streak Against the US Dollar
The Pakistani Rupee (PKR) continued its historic decline against the US Dollar (USD) for the fourth day in a row… Read More
SSGC Halts Gas Supply to Non-Export Industries
The Sui Southern Gas Company (SSGC) will discontinue gas supplies to non-export industries in Balochistan and Sindh in order to… Read More
TRG International Approves Allocation of Liquid Assets Worth $120M to Shareholders
The Resource Group TRG International (TRG) has informed TRG Pakistan that its board has approved the allocation of its liquid… Read More
