The Pakistani Rupee (PKR) is headed for one of its toughest tests yet and this time, mere positive sentiment or… Read More
Engro Fertilizers’ Profits Decline by Massive 36% in 9 Months of 2022
Engro Fertilizers Limited (EFERT) has reported a consolidated profit after tax of Rs. 9.595 billion in the nine months that… Read More
Rupee Rises 13th Day in a Row After SBP Announces Unmodified Interest Rate
The Pakistani Rupee (PKR) soared against the US Dollar (USD) and posted gains today. It appreciated by 0.08 percent against… Read More
Moody’s Downgrades Ratings of 5 Pakistani Banks
Moody’s Investors Service (“Moody’s”) has downgraded the long-term deposit ratings to Caa1 from B3 of five Pakistani banks: Allied Bank… Read More
Pakistan Needs Over $3 Billion to Meet its Debt Obligations and Avoid Default
With the threat of a dollar shortage looming as several debt payments near maturity, Pakistan requires more than $3 billion… Read More
SBP Keeps Policy Rate Unchanged at 15%
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday decided to keep the policy rate unchanged at… Read More
Rupee Rises Higher Against US Dollar 12th Day in a Row On SBP News
The Pakistani Rupee (PKR) continued to grow against the US Dollar (USD) and posted big gains today. It appreciated by… Read More
Rupee Defies Expectations to Gain Big Against US Dollar 11th Day in a Row
The Pakistani Rupee (PKR) continued to outperform the US Dollar (USD) and posted big gains today. It appreciated by 0.92… Read More
Notorious Indian Hacking Group is Targeting Pakistani Embassies
An Indian hacking group is targeting Pakistani embassies in various countries, it is learnt reliably here. The Pakistan Telecommunication Authority’s… Read More
Pakistan Needs to Follow 4 Steps to Enhance Export Profitability: WB Economist
Pakistan can increase profits from exports through well-functioning duty refunds, lower effective protection for domestic-oriented industry, smart export promotion, and… Read More
Dar Threatens Moody’s if Pakistan’s Downgrade is Not Reversed
Finance Minister Ishaq Dar has “threatened” Moody’s Investors Service after the rating agency downgraded Pakistan’s local and foreign currency issuer… Read More
WorldCall Tops PSX Volume Charts On Parent Company’s Nasdaq Listing
WorldCall Telecom Limited (WTL) has topped volume charts in the last few days with daily traded volumes of 359 million… Read More
