Pakistani authorities are in communication with the International Monetary Fund over the sixth review of the Extended Fund Facility (EFF)… Read More
Rupee Posts Blanket Losses Against the US Dollar Once Again
The Pakistani Rupee once again posted losses on the opening day of the week against the US Dollar, closing near… Read More
Profit Repatriation Decreases by 55% In July 2021
Overseas investors repatriated profits of $159.2 million in July 2021 (the first month of the fiscal year 2022), data released… Read More
Rupee Makes A Notable Recovery With Gains Against All Currencies Two Days in a Row
The Pakistani Rupee posted an improvement against the US Dollar for the second consecutive day today. However, it still has… Read More
Dawood Meets Mobile Manufacturers of Pakistan
The meeting was attended by representatives from Samsung, OPPO, VIVO, TECNO, INFINIX, and INOVI… Read More
Rupee Finally Posts Blanket Gains Against All Major Currencies
The Pakistani Rupee had shot over Rs. 166 to the US Dollar for the first time yesterday since early September 2020.… Read More
Govt to Improve Business Environment And Ease of Doing Business to Boost Exports
The government will provide an improved business environment for the industrial sector and the Ease of Doing Business (EoBD) index,… Read More
Rupee Drops to Its Lowest in A Year With A Sudden Crash Against the US Dollar
Pakistani Rupee closed at over Rs. 166 to US Dollar for the first time since early September 2020. During the… Read More
Pakistan Oil Refining Policy Draft Stopped by Asad Umar: Report
Last week, the Petroleum Division presented the draft Pakistan Oil Refining Policy to the Cabinet Committee on Energy (CCoE). The… Read More
ENGRO to Invest Rs. 21.5 Billion in Telecom Infrastructure
Engro has announced that it will inject total equity of Rs. 21.5 billion in its telecommunications infrastructure vertical. Engro Corporation… Read More
Pakistani Rupee Starts the Week With Blanket Losses Against All Currencies
The Pakistani Rupee (PKR) continued its negative trend against the US Dollar from Friday. The local unit deteriorated by 24… Read More
Here’s Why Pakistan Could Face Serious Gas Shortage
If the government decides not to retain the new Floating Storage Regasification Unit (FSRU) Sequoia, it might lead to a… Read More
Pakistan’s Economy is Heading in the Right Direction: Finance Minister
Federal Minister for Finance and Revenue Shaukat Tarin has said that the country’s economy is heading in the right direction.… Read More
Rupee Makes Massive Gains Against Major Currencies
The Pakistani Rupee (PKR) turned to losses again and posted deterioration against the US Dollar (USD) in the interbank currency… Read More
Rupee Surprisingly Posts Gains Against All Currencies Despite Afghanistan Situation
The Pakistani Rupee (PKR) managed to recover some of its losses from yesterday, and improved by 11 paisas against the… Read More
