The Pakistani rupee (PKR) reversed losses against the US Dollar and posted big gains during intraday trade today. The Pakistani… Read More
Remittances Increase for the First Time in 6 Months
After five consecutive monthly declines, remittances in February registered an increase of 4.9 percent on a month-on-month (MoM) basis and… Read More
Cement Sector Posts Double-Digit Profit Growth in Q2 Despite Weak Macros
Pakistan’s top cement companies reported double-digit profit growth in the current fiscal year’s second quarter (FY23) despite current macroeconomic challenges… Read More
Rupee Nears All-Time Low Against US Dollar After Yet Another Crash
The Pakistani rupee (PKR) slid further against the US Dollar and posted losses during intraday trade today. The Pakistani rupee… Read More
Govt Raises Rs. 1.57 Trillion in T-Bill Auction
The cut-off yields on Treasury Bills (T-Bills) were up by 120 basis points in the auction of the paper held… Read More
Pakistan Has a Bigger Informal Economy Than Bangladesh, India
The documented currency in circulation (CiC) has increased to over Rs. 8 trillion in Pakistan, representing the growth in the… Read More
Rupee Crashes Against US Dollar, Gains Over Rs. 5 Against British Pound
The Pakistani rupee (PKR) crashed against the US Dollar and posted losses during intraday trade today. The Pakistani rupee was… Read More
Rupee Gains Further Ground 3rd Day in a Row Against US Dollar
The Pakistani rupee (PKR) slowed its ascent against the US Dollar but posted gains during intraday trade today. The Pakistani… Read More
This Age-Old Car Lottery Scam is Back From the Dead and Fooling Pakistanis
An age-old car lottery scam is once again making rounds across the country with scammers using names of brands like… Read More
Rupee Gains 2nd Day in a Row Against US Dollar Amid ‘New IMF Demands’
The Pakistani rupee (PKR) gained further against the US Dollar during intraday trade today. The Pakistani rupee was bullish during… Read More
Engro Fertilizer’s Base Plant Undergoes Unplanned Shutdown
Engro Fertilizers Limited (PSX: EFERT) has announced an “unplanned shutdown” of its base plant on March 4th, Saturday. In a… Read More
Rupee Sharply Recovers Against US Dollar, British Pound, Euro to End the Week
The Pakistani rupee (PKR) reversed yesterday’s substantial losses against the US Dollar during intraday trade today. The Pakistani rupee was… Read More
