The foreign exchange reserves held by the central bank decreased by a further $70 million on a weekly basis, according… Read More
Rupee Gains Further Ground Against US Dollar in Open Market
The Pakistani Rupee (PKR) gained further ground against the US Dollar (USD) in the open market on Wednesday, as the… Read More
SBP Raises Minimum Capital Requirement for Exchange Companies to Rs. 500 Million
The State Bank of Pakistan (SBP) has decided to introduce structural reforms in the Exchange Companies’ sector. As part of… Read More
Govt Expects Inflation to Remain High in Coming Months
The Ministry of Finance Wednesday said that the two massive fuel price hikes witnessed in the month of August 2023… Read More
Treet Corporation to Venture Into Shaving Foam Market
Treet Corporation Limited announced on Wednesday that is set to venture into the shaving foam market. In a notice to… Read More
Pakistan’s Public Debt Increases by Rs. 907 Billion in One Month
The total public debt stock of the federal government increased by 22.1 percent on a year-on-year (YoY) basis in July… Read More
Pakistan’s Trade Deficit Widens 30% in August as Imports Increase
Pakistan’s trade deficit narrowed by over 40 percent on a year-on-year basis in August 2023 according to data released by… Read More
Pakistan’s Inflation Clocks in at 27.4% in August
Pakistan’s Consumer Price Index (CPI) based inflation increased to 27.4 percent on a year-on-year basis in August 2023 as compared… Read More
OGRA Notifies 20% Increase in Price of LPG for September
The Oil and Gas Regulatory Authority (OGRA) on Monday increased the price of indigenous liquefied petroleum gas (LPG) by Rs.… Read More
SBP Reserves Fall by $125 Million to Sink Below $8 Billion
The foreign exchange reserves held by the central bank decreased by $125 million on a weekly basis, according to data… Read More
Roshan Digital Account Inflows Cross $6.48 Billion in July
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at a total of $6.487 billion by the end… Read More
Lucky Cement Commissions 25MW Captive Solar Power Plant in Karachi
Lucky Cement Limited (LCL) announced on Monday that it has completed and commissioned a 25MW captive solar power plant located… Read More
