The Pakistani rupee (PKR) continued its fall against the US Dollar after Eid Holidays as it breached the Rs. 162… Read More
2020 Marks Highest Growth in Cash in Circulation During Eid-ul-Azha
The economic activity around Eid-ul-Azha is primarily cash-based. The State Bank of Pakistan (SBP) publishes weekly reports regarding ‘cash in… Read More
Govt Fixes New Maximum Retail Price for Sugar
The federal government has fixed Rs. 88.24 per kg maximum retail prices of sugar. Documents available with Propakistani stated that… Read More
Pakistan’s Automobile Sector Posted 23.4% Growth in 9 Months
Pakistan’s automobile sector posted double-digit growth of 23.4 percent from July 2020 to March 2021, sharply improving upwards from a… Read More
Govt Sets Rs. 27.15 Billion Export Target
The federal government has set an Rs. 27.15 billion export target for the current fiscal year 2021-22 in the proposed… Read More
Rupee Crashes to Its Lowest in 9 Months Against the US Dollar
The rupee continued its downward trend as it fell to a nine-month low against the US Dollar on Monday, owing… Read More
Rupee Closes the Week With A Massive Drop Against Major Currencies
The Pakistani Rupee (PKR) continued its losing streak against the US Dollar from yesterday. This week, it had posted blanket… Read More
Why is PayPal Not Planning to Launch in Pakistan?
PayPal is a US-based electronic payment system that acts as a third party for financial payments between two parties. It… Read More
Lucky Motors to Make Samsung Smartphones in Pakistan
Lucky Cement’s subsidiary company is going to produce mobile phones in Pakistan for the world’s largest smartphone maker, Samsung, by December… Read More
Pakistan and Russia Finally Sign An Agreement for $2.5 Billion Gas Pipeline Project
After days of negation, Pakistan and Russia signed Heads of Terms (HoT) of shareholders’ agreement for the construction of the… Read More
Rupee Returns to Losses With A Flat Decline Against All Currencies
The Pakistani Rupee (PKR) posted blanket losses in the interbank currency market today after posting blanket gains yesterday. Yesterday was… Read More
Market T-Bill Auction Fails to Reach Govt’s Targets
The government has raised Rs. 551 billion through the Market Treasury Bills auction. The initial target set for the auction… Read More
Pakistan’s Oil and Gas Sector Sturdy Despite Pandemic Pressures During FY 2019-2020
The Oil & Gas Regulatory Authority (OGRA) of Pakistan has issued its ‘State of the Regulated Petroleum Industry’ report for… Read More
Rupee Finally Posts Blanket Gains Against All Major Currencies
The Pakistani Rupee (PKR) turned the tide in the interbank currency market today and posted gains of 38 paisas against… Read More
American Business Council Commends Government’s Fiscal Measures
The US-based companies operating in Pakistan have commended Pakistan’s efforts towards improving investor confidence in the economy through fiscal measures.… Read More
