Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at a total of $4.606 billion by the end… Read More
Rupee Crashes Against US Dollar As IMF Postponement ‘Rumors’ Cause Panic
The Pakistani Rupee (PKR) halted gains against the US Dollar (USD) and posted huge losses in the interbank market today.… Read More
Urea Sales Likely to Rise by Massive 72%
Urea sales in June 2022 are expected to clock in at 721,000 tons, up by 72 percent month-on-month (MoM) and… Read More
PM Says July LNG Tender Was Scrapped to Preserve Forex Reserves
Pakistan didn’t go ahead with the July LNG tender of $39.8 per MMBtu in order to preserve its forex reserves.… Read More
Engro Fertilizer Hikes Urea Price by Rs. 350 per Bag
Engro Fertilizers Limited (EFERT) has announced a massive increase of Rs. 350 per bag in urea prices with other manufacturers… Read More
Pakistani Startup Funding Shrinks by 41% in Three Months
Startup funding in Pakistan decreased by 41 percent to less than $104 million during the second quarter of the calendar… Read More
Rupee Ends Fiscal Year 2021-22 With Gains Against US Dollar
The Pakistani Rupee (PKR) improved further against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
Rupee Recovers Big Against Major Currencies After IMF ‘Clarity’ Pumps Markets
The Pakistani Rupee (PKR) improved further against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
Pakistan’s Real Effective Exchange Rate Declines by Massive 2.4% in May
Pakistan’s Real Effective Exchange Rate (REER) has decreased by a massive 2.4 percent to 93.57 in May 2022. According to… Read More
Rupee Gains Big Against US Dollar After IMF Breakthrough
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
UAE Offers to Buy Shares in State Owned Companies on PSX
The United Arab Emirates (UAE) has offered to purchase minority shares in publicly traded state-owned enterprises at a negotiated price,… Read More
PM Shehbaz Approves Import of Top Quality Afghan Coal in PKR
Prime Minister (PM) Shehbaz Sharif has authorized the import of top-quality coal from Afghanistan in rupees to preserve Pakistan’s foreign… Read More
