There has been significant progress in the Extended Fund Facility (EFF) program with the International Monetary Fund (IMF). According to… Read More
Rupee Slides Further Against US Dollar Despite IMF Talks and Oil Drop
The Pakistani Rupee (PKR) continued to struggle against the US Dollar (USD) and posted losses in the interbank market today.… Read More
Pakistan’s Fuel Oil Imports to Hit 4-Year High Despite Supply Crunch
Pakistan’s monthly fuel oil imports are projected to hit a four-year high in June as it struggles to procure liquefied… Read More
Pakistan Records Highest-Ever Cement Sales in Over a Year
Cement sales have soared by two percent year-on-year (YoY) to 5.30 million tons in June 2022 from 5.21 million recorded… Read More
TPL REIT Receives Over Rs. 5.6 Billion in Pakistan’s Largest Ever Equity Transaction
TPL REIT Fund I, managed by TPL REIT Management Company Limited (TPL RMC), has achieved its First Financial Close with… Read More
Mari Petroleum Gets Double Gas Flow Rate at Bannu
Mari Petroleum Company Limited (MPCL) has announced that its Bannu gas field would provide gas at a doubled gas flow… Read More
Rupee Ends Week With Losses Against US Dollar After ‘Super Tax’ Rattles Markets
The Pakistani Rupee (PKR) reversed yesterday’s gains against the US Dollar (USD) and posted losses in the interbank market today.… Read More
‘Illegal Western Sanctions’ Impacting Pakistan-Russia Cooperation: Russian Envoy
Russian Consul General, Andrey Viktorovich Fedorov, has stated that the sanctions that western countries have placed on Moscow are impacting… Read More
PSX Bleeds Over 2,000 Points After Govt Imposes ‘Super Tax’ on Large-Scale Industries [Updated]
Pakistan equities witnessed a panic-struck selling spree during the early hours of trade on Friday after Prime Minister Shehbaz Sharif… Read More
Rupee Posts Biggest Ever Single-Day Gain Against US Dollar After Good News From China
The Pakistani Rupee (PKR) reversed its losing streak against the US Dollar (USD) and posted massive gains in the interbank… Read More
Mera Pakistan Mera Ghar Disbursements Cross Rs. 85 Billion
Commercial banks in Pakistan have approved Rs. 212.28 billion and disbursed Rs. 85.3 billion to customers across the country so… Read More
Rupee Dips Further Against US Dollar Despite IMF News and Oil Decline
The Pakistani Rupee (PKR) slid to a new all-time low against the US Dollar (USD) and posted losses in the… Read More
