The Pakistan Stock Exchange (PSX) halted trade after an abnormal rally after a few minutes of the week’s first trading… Read More
Sindh High Court Removes All Roadblocks For JS Bank to Acquire BankIslami
Sindh High Court (SHC) has dismissed the applications against JS Bank’s (PSX: JSBL) acquisition of majority shares and control of… Read More
285.9: Rupee Gains Sharply Vs. US Dollar After SBP Interest Rate Hike
The Pakistani rupee gained good ground against the US Dollar during intraday trade today after opening trade at 286.5 in… Read More
PKR Loses Early-Day Momentum Against US Dollar As Dar Struggles to Woo IMF on Budget
The Pakistani rupee marginally gained some ground against the US Dollar during intraday trade today after opening trade at 284.3… Read More
PSX Rallies With 1000 Point Gain Expecting IMF Announcement [Updated]
The Pakistan Stock Exchange (PSX) rallied in the week’s first trading session as bulls took control of the market with… Read More
Banks Discouraging Traders from Opening LCs on Solar Panel Imports
Banks are discouraging traders from opening letters of credit (LCs) against imports of solar panels and refusing to arrange the… Read More
Rupee Ends Week At 286.74 Against US Dollar, Gains Big Against Euro
The Pakistani rupee was stable against the US Dollar during intraday trade today after opening trade at 286.7 in the… Read More
Pakistan’s Dollar Bonds Advance After Zambia Rescue Gives Hope to Stressed Economies
Pakistani and Sri Lankan dollar bonds advanced on Friday with sentiment for distressed debt getting a boost after Zambia clinched… Read More
286.7: PKR Pushes Higher Against US Dollar 3rd Day in a Row
The Pakistani rupee rose higher against the US Dollar during intraday trade today after opening trade at 286.95 in the… Read More
Power Sector Circular Debt Soars to Over Rs. 2.6 Trillion
The power sector circular debt increased by Rs. 378 billion to Rs. 2,631 billion during the first 10 months (July-April)… Read More
Rupee Rises 2nd Day in a Row Against US Dollar, Other Currencies
The Pakistani rupee gained further ground against the US Dollar during intraday trade today after opening trade at 287.45 in… Read More
Brief Respite: PKR Recovers to 287.22 Against US Dollar
The Pakistani rupee marginally recovered against the US Dollar during intraday trade today after opening trade at 287.5 in the… Read More
