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
SBP Reserves Rise for 3rd Consecutive Week
The foreign exchange reserves held by the central bank registered their third consecutive weekly increase, according to data released by… Read More
Gold Prices Again Cross Rs. 200,000 Thanks to Rupee Crash
Gold prices in Pakistan surged massively on Thursday after the Pakistani Rupee plummeted by Rs. 19 against to a new… Read More
Bond Holders Expect Pakistan to Default on $7 Billion Debt Amid IMF Deadlock
Bondholders are bracing for a possible default by Pakistan, which is struggling to meet billions of dollars in debt repayments… Read More
Ishaq Dar Claims Elements Spreading Rumors About Default are ‘Anti-Pakistan’
Under-fire Finance Minister Ishaq Dar on Thursday once again ruled out the possibility of any default and reiterated his stance… Read More
