The Pakistani rupee (PKR) reversed losses and reported gains against the dollar during interbank trade on Tuesday, rising as high… Read More
Toyota IMC’s Profit for Half Year Down 74% Due to Massive Decline in Sales
Toyota Indus Motor Company (IMC) Limited has announced its financial results for the half-year that ended on December 31st, 2022.… Read More
Rupee All Red Against US Dollar After IMF Leaves Without A Deal in Place
The Pakistani rupee (PKR) reversed gains and reported losses against the dollar during interbank trade on Monday, rising as high… Read More
Govt to Double Electricity Rate for Farmers and Exporters For IMF
Farmers and exporters are expecting the worst after the federal cabinet decided to raise the power tariff and eliminate subsidies… Read More
Sazgar’s Profits for Half Year Down 15% Despite Q2 Gains
Sazgar Engineering Works Limited (PSX: SAZEW) announced its financial results for the half year that ended on December 31st, 2022,… Read More
Rupee Ends Dramatic Week With Gains Against US Dollar Despite No Deal With IMF
The Pakistani rupee (PKR) surprised markets and gained further against the dollar during interbank trade on Friday, rising as high… Read More
Govt to Impose Rs. 170 Billion ‘Mini-Budget’ for IMF Deal: Dar
Finance Minister Ishaq Dar has confirmed that Pakistan had received a Memorandum of Economic and Fiscal Policies (MEFP) along with… Read More
IMF Pushes for Timely and Decisive Implementation of Policies As Virtual Discussions to Continue
The International Monetary Fund (IMF) has stated that timely and decisive implementation of policies along with resolute financial support from… Read More
Rupee Jumps 2nd Day in a Row Against US Dollar With Markets Hopeful for IMF Nod
The Pakistani rupee (PKR) gained further against the dollar during interbank trade on Thursday, rising as high as 268 against… Read More
Ishaq Dar Hopeful to Give ‘Good News’ to Nation About IMF Bailout Soon
A deal with the International Monetary Fund (IMF) will be signed soon enough as both sides enter a final round… Read More
Rupee Posts Massive Gains Against Major Currencies As IMF Talks Progress
The Pakistani rupee (PKR) reversed losses against the dollar during interbank trade on Wednesday, rising as high as 271.5 against… Read More
Afghanistan ‘Tightens’ Currency Controls After Dollar Smuggling Reports from Pakistan
Afghanistan has imposed fresh foreign currency restrictions on people carrying cash out of the country after reports of US Dollar… Read More
