The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) for the 18th consecutive day today, with rates… Read More
Pakistan to Receive Additional $3 Billion At 1% Interest Rate
Pakistan will receive over $3 billion in the current fiscal year on concessional terms for a period of 40 years at… Read More
Gold Rates Up By Over Rs. 1,000 Per Tola After US Dollar Falls
Gold prices in Pakistani markets surged on Thursday after international rates regained last week’s bullish momentum after the US Dollar… Read More
Poor Countries Like Pakistan Suffer as Europe Gobbles Up World’s LNG Supply in 2022
The world imported more liquefied natural gas (LNG) than ever before, with most of it concentrated in wealthy European countries… Read More
PKR At 228.14 Against US Dollar, 17th Consecutive Drop After World Bank Downgrade
The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) for the 17th consecutive day today, with rates… Read More
UAE Agrees to Extend Current Loan and Provide Additional $1 Billion to Pakistan
President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan has agreed to roll over the existing loan… Read More
Govt Unlikely to Increase Profit Margins for Oil Companies this Week
The government is unlikely to implement a promised increase in the margins of oil marketing companies (OMCs) this week because… Read More
Govt Owes Rs. 127 Billion to TCP for Buying Food and Urea
The total liabilities profile of the Trading Corporation of Pakistan (TCP) (Pvt.) Limited stands at Rs. 127.45 billion as of… Read More
IMF Wants Pakistan to Raise Power Tariff by Up to Rs. 7.5 per Unit
Electricity bills are likely to go higher in the coming cycles as the International Monetary Fund (IMF) has urged Pakistan… Read More
Diamond Foam Makers Halt Production in Pakistan
Diamond Industries Limited (PSX: DIIL) has suspended its manufacturing operations till further notice. In a stock filing, DIIL said it… Read More
Rupee Drops 15th Day in a Row Against US Dollar Despite Investment News
The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) for the 15th straight day today, with rates… Read More
Pakistan Likely to Remain ‘Default-Free’ for Next 6 Months
Pakistan is likely to remain default-free for the next 6 months but investor concerns over the country’s debt repayment issues… Read More
