The Privatisation Commission (PC) Board endorsed a report on Wednesday showing receivables from privatization at Rs. 5.2 billion while it… Read More
Gas Shortage Coming? Pakistan Fails to Get LNG Cargo From Italy
Italy’s Eni SpA has failed to deliver February’s scheduled cargo of liquefied natural gas (LNG) to Pakistan LNG Limited and… Read More
US Dollar Price Rises by a Record Breaking Rs. 9 in a Single Day
The Pakistani rupee has fallen 6.32 percent during the first two hours of intraday trade today with the interbank rate… Read More
IMF Will Only Help Pakistan If it Passes Rs. 300 Billion Mini-Budget
The International Monetary Fund (IMF) has reportedly linked a team visit to Islamabad with the promulgation of mini-budget worth billions.… Read More
Honda Reports Minor Decrease in Profit Despite Big Sales Slump
Atlas Honda Limited (PSX: ATLH) has announced Rs. 1.408 billion profit for the quarter that ended December 31, 2022, depicting… Read More
Fate of Pakistan’s Exports Hinges On Global Recovery, Reduced Uncertainty: WB Economist
Pakistan’s trade numbers show an overall decline in the first half of the current fiscal year, and its export recovery… Read More
US Dollar Rate Likely to go From Bad to Worse If Supply Doesn’t Improve: Bostan
The US Dollar rate in the open market could get out of control if the greenback’s supply issues aren’t urgently… Read More
Rupee Plunges 26th Day in a Row After Exchange Companies Refuse to Sell US Dollars
The Pakistani Rupee (PKR) is slowly edging towards last year’s horrible lows against the US Dollar (USD) after falling for… Read More
Exchanges Agree to Buy US Dollars at 243 But Continue to Boycott Selling
The Pakistani rupee maintained its downward slump against the US Dollar with open market rates as high as 252.5 after… Read More
Gold Prices Suddenly Soar to All Time High in Pakistan
Gold prices in Pakistani markets surged to an all-time high in the last 24 hours after international rates somewhat regained… Read More
Rupee Falls 25th Day in a Row to 231.4 Against US Dollar After SBP Interest Rate Hike
The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) for the 25th consecutive day today. The PKR… Read More
Fauji Foods to Raise Rs. 11.7 Billion By Issuing 1.17 Billion Shares
Fauji Foods Limited (PSX: FFL) has received regulatory approval for the issuance of 1.17 billion ordinary shares to Fauji Group… Read More
