Pakistan’s tech industry has a last-minute surprise before Ramadan as the country’s second-ever tech Initial Public Offering (IPO) since 2021… Read More
Here’s How Afghan Currency Became a Top Performer While Rupee Became the Worst
Foreign currency outflows are worsening the economic crisis in Pakistan as millions of US Dollars are smuggled into Afghanistan from… Read More
Rupee Falls Once Again As IMF Uncertainty, Politics Stir Panic in Markets
The Pakistani rupee (PKR) reversed gains against the dollar during interbank trade on Tuesday, initially dropping as low as 276.975… Read More
IMF Will Only Approve Loan if Pakistan Agrees to 50% Increase in Electricity Bills
Talks between Pakistan and the International Monetary Fund (IMF) are set to end in three days, with the lender demanding… Read More
Russia’s Largest LNG Producer Ready to Supply Gas to Pakistan
Russia’s largest independent natural gas producer Novatek is ready to supply liquefied natural gas (LNG) to Pakistan as the country… Read More
Crucial Hours Ahead As Pakistan-IMF Policy Level Talks Begin Today
Technical talks between Pakistan and the International Monetary Fund (IMF) team are said to have ended on Monday, with policy… Read More
Rupee Makes Sharp Recovery Against US Dollar After Devastating Losses Last Week
The Pakistani rupee (PKR) reversed losses against the dollar during interbank trade on Monday, initially dropping as low as 277… Read More
Gold Prices in Pakistan Increase Once Again After Slight Dip
Gold prices in Pakistan gained further today (Friday) after the Pakistani Rupee fell to a new all-time low against the… Read More
Rupee Drops to Historic Low After Comments From Dar, PM Shehbaz Cause Market to Panic [Updated]
Dar-pegging has evolved into Dar-begging after the Finance Minister appealed to charitable organizations to raise $2 billion from overseas Pakistanis,… Read More
Pakistan’s Debt Servicing Costs Set to Soar to Rs. 5.2 Trillion
Debt servicing costs are projected to rise to an alarming level of Rs. 5.2 trillion in the current fiscal year… Read More
Rupee Crashes to New All-Time Low Against US Dollar After Bad News From IMF
Pakistani rupee (PKR) crashed to a new all-time low against the dollar today after the latest inflation estimates rattled markets,… Read More
Indian Adani Group’s Losses Exceed $100 Billion Within Days
The stock market value of India’s Adani Group has continued to fall significantly this week as the conglomerate’s controversial stock… Read More
