Saudi Arabia has announced a support package of $3 billion as deposits in the State Bank of Pakistan and $1.2… Read More
Rupee’s Dismal Run Continues as It Dips to New All-Time Low
The Pakistani Rupee sank to a fresh all-time low against the US Dollar today. It depreciated by 84 paisas against… Read More
Govt Proposes Increase in Support Price for Wheat Crop
The Ministry of National Food Security and Research has proposed an increase in the support price for wheat to support… Read More
IMF Proposes Transfer of Govt Deposits in Commercial Banks to SBP
The International Monetary Fund has proposed a transfer of government deposits in commercial banks into federal consolidated funds in the… Read More
SBP Issues Tender Seeking Bids for Islamic Bond Worth Rs. 100 Billion
Pakistan’s central bank is seeking bids for five-year Islamic bonds worth a total of Rs. 100 billion, as reported by… Read More
Rupee Continues Its Downward Trajectory to Break All Previous Record Lows
The Pakistani Rupee sank to a new record low against the US Dollar today as it depreciated by 43 paisas… Read More
Here’s a Breakdown of Pakistan’s Q1 Exports and Imports
Pakistan’s exports of goods and services grew by one-third year-over-year in the first quarter of the fiscal year 2021-2022, according… Read More
Port Congestion is Causing Heavy Losses for Oil and Shipping Industries
Port congestion and infrastructure issues are causing delays and financial losses for the shipping industry. The government’s failure to address… Read More
Rupee Sinks to A New Low Against the US Dollar
The Pakistani Rupee sank to a fresh all-time low against the US Dollar today — it depreciated by five paisas… Read More
SBP’s New Digital Banking Plan to Be Approved Within a Month
The State Bank of Pakistan has finalized a comprehensive digital banking plan that may be approved within a month. “We… Read More
Pakistan Has Secured LNG Cargoes from Qatar: Minister
Pakistan has secured liquefied natural gas cargoes from Qatar at competitive prices, Federal Minister for Energy, Hammad Azhar, said. “We… Read More
Foreign Exchange Reserves Plunge by $1.64 Billion in One Week
The liquid foreign exchange reserves of the country recorded a huge outflow of $1.64 billion in a single week ended… Read More
