The Pakistani rupee (PKR) plunged to a fresh all-time low against the US Dollar and posted big losses during intraday… Read More
Bitcoin Hits $30,000 for the First Time in 10 Months
Bitcoin (BTC) crossed $30,000 for the first time since June 2022 as the flagship cryptocurrency continued its rally which has… Read More
Lower Income Country Debt Payments to Hit Highest Level in 25 Years: Report
Debt payments in low-income countries will reach their highest level since 1998 in 2023, with countries like Pakistan, Sri Lanka,… Read More
Pakistani Rupee Has Performed Worse Than Sri Lankan Rupee in 2023
While the government continues to place its faith in the International Monetary Fund (IMF) for recovery, the Pakistani Rupee (PKR)… Read More
Dollar Horror: PKR Loses Big to Close At 287.09 Against USD
The Pakistani rupee (PKR) continued to slip against the US Dollar and posted huge losses during intraday trade today. The… Read More
SBP Fines on Delayed Repatriation Are Hurting Pakistan’s Exports: WB Economist
While Pakistan’s trade deficit is declining, exporters are avoiding repatriation of delayed proceeds to keep away from paying heavy fines… Read More
Remittances Increase by 27.4% in March to Highest in 7 Months
Remittances in March registered an increase of 27.4 percent on a month-on-month (MoM) basis and touched the $2.5 billion mark… Read More
Analysis Shows Shocking Forecast for Pakistani Rupee in May
The Pakistani Rupee (PKR), the emerging markets’ worst performer in the past few months, is likely to extend losses in… Read More
Rupee Gains Big Against US Dollar, Other Currencies After Saudi ‘Promise’ Reignites IMF Hope
The Pakistani rupee (PKR) reversed losses against the US Dollar and posted massive gains during intraday trade today. The Pakistani… Read More
Sudenese Bank Plans Є50 Million Investment in Silk Bank
Silkbank Limited (PSX: SILK) has received a letter of intention (LoI) from the International Commercial Bank of South Sudan to… Read More
Rupee Hopelessly Drops to Historic Low Against US Dollar
The Pakistani rupee (PKR) declined further against the US Dollar and dropped to a new all-time low during intraday trade… Read More
Pakistan’s Public Debt Increases by Rs. 11.5 Trillion in a Year
The total public debt stock of the federal government decreased by Rs. 589 billion or 1.1 percent from Rs. 54.9… Read More
