Chief of Army Staff (COAS) General Syed Asim Munir Thursday said that law enforcement actions against a spectrum of illegal… Read More
Govt Expects Inflation to Intensify in Coming Months Due to Higher Petrol, Electricity Prices
The Ministry of Finance expects the increase in fuel prices in September coupled with the upward adjustment in energy tariffs… Read More
SBP Reserves Fall by $59 Million to 7.63 Billion
The foreign exchange reserves held by the central bank decreased by $59 million on a weekly basis, according to data… Read More
NRL Resumes Operations of Hydrogen Production Unit
National Refinery Limited (NRL) Thursday announced that it has resumed normal operations of its Hydrogen Production Unit (HPU). In a… Read More
Pakistani Rupee Set to Become World’s Best Performing Currency in September
The Pakistani Rupee (PKR) rose for the seventeenth consecutive session against the US Dollar (USD) in the interbank market on… Read More
Faysal Bank to Set Up Exchange Company
Faysal Bank Limited (FBL) is set to establish an Exchange Company with an initial paid-up capital of Rs. 1000 million.… Read More
Toyota Shuts Down Production Plant Till October 9
Indus Motor Company Limited, the assembler of Toyota vehicles in the country, has decided to close its production plant till… Read More
Rupee’s Record-Breaking Run Against US Dollar Continues
The sustained resurgence of the Pakistani Rupee (PKR) continued on Wednesday as it gained further ground against the US Dollar… Read More
Allied Bank to Set Up Exchange Company
Following the example of a number of other commercial banks, Allied Bank Limited (ABL) is also set to establish an… Read More
SBP Reserves Break Streak of Four Consecutive Declines, Up $56 Million
The foreign exchange reserves held by the central bank increased slightly on a weekly basis breaking the streak of four… Read More
Rupee Gains Further Ground Against US Dollar
The Pakistani Rupee (PKR) gained further ground against the US Dollar (USD) in the interbank market on Thursday. The local… Read More
IMF Chief Says it Wants Pakistan to Collect More Taxes from Rich and Protect the Poor
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has once again said that the IMF is only asking Pakistan to… Read More
