The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market.… Read More
Gold Price in Pakistan Declines Marginally But Remains Near Record High
The price of gold in Pakistan retreated marginally on Monday but remained near the all-time high. According to data issued… Read More
Ghandara Tyre Ends 7-Year Partnership With Dutch Supplier, Signs New Deal With Chinese Company
Ghandhara Tyre & Rubber Company Limited (PSX: GTYR) and Dutch firm Continental Global Holding Netherlands B.V. have ended their Royalty… Read More
Foreign Direct Investment Up by 64% in July 2024
The net Foreign Direct Investment (FDI) in the country stood at $136 million in July 2024, up 64 percent over… Read More
Chakwal Spinning Mills to Launch Data Centre, Cloud Operations in Pakistan
Chakwal Spinning Mills Limited has signed the term sheet for investment of Rs. 7.784 billion with PNO Capital Limited for… Read More
PM Shehbaz Summons $20 Billion Investment Plan For Next 5 Years
Prime Minister Shehbaz Sharif has directed all ministries to submit a $20 billion investment strategy for 94 key projects as… Read More
Fake News Alert: ATMs and Online Banking Are Not Down in Pakistan
The National Computer Emergency Response Team (nCERT) has issued a cybersecurity advisory in response to misleading information circulating on social… Read More
Pakistan Imported Mobile Phones Worth Rs. 18 Billion in First Month of FY25
The country imported mobile phones worth $64.504 million in the first month (July) of the current fiscal year 2024-25, registering… Read More
Pakistan’s Real Effective Exchange Rate Spikes to 101.5 in July 2024
Pakistan’s Real Effective Exchange Rate (REER) rose by 1.41 percentage points to 101.47 in July 2024. According to the latest… Read More
IT Exports Surge By 34% YoY in July 2024
The country’s information technology and IT-enabled services (ITeS) export remittances comprising computer services and call center services registered around a… Read More
Banking Sector Deposits Near Rs. 31 Trillion in July 2024
Banking sector deposits have maintained their steady growth since the turn of the new year, posting a 19.1 percent year-on-year… Read More
Pakistan’s Current Account Posts $162 Million Deficit in July
Pakistan’s Current Account Deficit (CAD) shrank by 78 percent in July 2024 to $162 million compared to a deficit of… Read More
