In another positive development, Pakistani Rupee has made a strong recovery of Rs. 3.30 to 163.57 against the US dollar… Read More
PSX Records Highest Percentage Gain in a Single Day Since 2009
Bulls took control over the Pakistan Stock Exchange as the benchmark index went up to touch an intraday high of… Read More
Pakistan’s Forex Reserves Increase By $252 Million
The foreign exchange reserves of the country have increased by $252 million by the week ending April 10. According to… Read More
SBP Increases Profit Margins of Currency Exchanges & Microfinance Banks for Remittances
In order to mitigate the risk of a drop in foreign currency inflows, the State Bank of Pakistan (SBP) has… Read More
Pakistan Could Get Relief of Upto $12 Billion as Debt Repayment are Suspended
Countries in the G20 group have agreed to suspend debt payments for the world’s poorest nations as they struggle to… Read More
How Much Will an Oil Price Crash Benefit Pakistan?
Oil prices have fallen to their lowest level since 2002 as planned output cuts proved insufficient to counterbalance the COVID-19… Read More
The World Will Face its Worst Recession Since 1929: IMF
COVID-19 is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. The… Read More
SECP Stops Inspection of Company Records Due to CRO Closure
For the well-being of employees of the Securities and Exchange Commission of Pakistan (SECP), the commission has stopped inspection of… Read More
PM Increases Kamyab Jawan Program’s Loan Limit to Rs. 25 Million
In a bid to provide greater entrepreneurship opportunities to the country’s youth, Prime Minister Imran Khan has decided to enhance… Read More
GIC to Invest More Money Than CPEC in Pakistan: Report
The Global Investment Consortium (GIC) is mulling to invest billions of dollars in Pakistan which could be bigger than the… Read More
IMF Acknowledges Pakistan’s Response Against Coronavirus
The IMF has acknowledged the relief package of Rs. 1.2 trillion which was announced by the Pakistan government and stated… Read More
Historic Production Cut Announced But Has the Oil Price War Really Ended?
Different oil-producing countries and OPEC have made a historic agreement to cut production by almost 9.7 million barrels a day.… Read More
