Ahsan Gardezi

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 in June 2022 are expected to clock in at 721,000 tons, up by 72 percent month-on-month (MoM) and… Read More

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 Fertilizers Limited (EFERT) has announced a massive increase of Rs. 350 per bag in urea prices with other manufacturers… Read More

Startup funding in Pakistan decreased by 41 percent to less than $104 million during the second quarter of the calendar… Read More

The Pakistani Rupee (PKR) improved further against the US Dollar (USD) and posted gains in the interbank market today. It… Read More

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 (REER) has decreased by a massive 2.4 percent to 93.57 in May 2022. According to… Read More

The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains in the interbank market today. It… Read More

The United Arab Emirates (UAE) has offered to purchase minority shares in publicly traded state-owned enterprises at a negotiated price,… Read More

Prime Minister (PM) Shehbaz Sharif has authorized the import of top-quality coal from Afghanistan in rupees to preserve Pakistan’s foreign… Read More

There has been significant progress in the Extended Fund Facility (EFF) program with the International Monetary Fund (IMF). According to… Read More