The Consumer Price Index (CPI) inflation in Pakistan increased to 9.0 percent in September 2o21 as compared to an increase… Read More
Rupee Makes Gains Against the US Dollar on a Friday Again
The Pakistani Rupee recovered from yesterday’s record low against the US Dollar today. Following the trend from previous weeks, the… Read More
CDC Group Invests in Fatima Gobi Ventures to Fund Pakistani Startups
A UK-based financial institution called CDC Group has announced that it has made an anchor investment in Techxila Fund I… Read More
Pakistan’s Foreign Exchange Reserves Fall by $252 Million
Pakistan’s foreign exchange reserves declined by $252 million in the week that ended on 24 September, according to data released… Read More
Govt Hikes LPG Prices to All-Time High
The government has elevated the prices of liquid petroleum gas to an all-time high. According to a notification by the… Read More
Fitch Ratings Expects Rupee to Depreciate Further in 2022
Fitch Ratings now expects the Pakistani Rupee to weaken even further against the US Dollar in 2022. It downgraded its… Read More
Rupee Slips to A New All-Time Low Against the US Dollar Despite Big Gains Against Others
The Pakistani Rupee (PKR) slid to a new all-time low against the US Dollar on Thursday. It lost 17 paisas… Read More
Pharma Industry Plans to Use Govt Incentives to Raise Exports to $5 Billion
The government plans to raise pharmaceutical exports to $5 billion in the next four years by introducing incentives. Abdul Razak… Read More
Pakistan Reaches Agreement on Saudi Oil Facility on Deferred Payment: Finance Minister
Pakistan has reached an agreement for a Saudi oil facility on deferred payment as global oil prices surge. Finance Minister… Read More
Pakistan Completed Six Actions to Reduce Circular Debt Flows: Economic Affairs Minister
The federal Minister for Economic Affairs, Omar Ayub Khan, said that Pakistan has successfully completed six actions to reduce the… Read More
Pakistan Considers Extending Financial Support to Stabilize Afghanistan’s Banking System
The Pakistani government is discussing ways to support Afghanistan’s struggling banking system and energy sector, according to a notice published… Read More
QisstPay Raises $15 Million Ahead of Sri Lanka and Bangladesh Expansion
Buy-now, pay-later enterprise, QisstPay, has raised $15 million in an early-stage funding round. MSA Capital led the round, while Global… Read More
