Bears again wrecked the Pakistan Stock Exchange (PSX) on Tuesday as the benchmark KSE-100 index lost over 1,400 points in… Read More
IMF Rejects Pakistan’s Circular Debt Management Plan
The International Monetary Fund (IMF) has rejected Pakistan’s rationalization and circular debt reduction measures a day after the Energy Ministry… Read More
Rupee Falls Against Major Currencies After Delay in Election Results Rattles Market
The Pakistani rupee fell slightly against the US Dollar today after opening trade at 280 in the interbank market. It… Read More
Dawood Lawrencepur Decides to Sell Wind Power Plant to Artistic Milliners Ltd
The Board of Directors of Dawood Lawrencepur Limited has approved entering into a Share Purchase Agreement with Artistic Milliners (Private)… Read More
IMF Has No Interest in Negotiating With Caretaker Govt For Final Tranche of $1.1 Billion
Negotiations with the International Monetary Fund (IMF) to receive the third and final tranche of around $1.1 billion will only… Read More
PSMC Authorizes Suzuki Motor Corp to Buy Back Shares for PSX Delisting
Shareholders of Pak Suzuki Motor Company Limited (PSX: PSMC) have authorized the automobile assembler’s major shareholder Suzuki Motor Corporation (SMC),… Read More
Bloodbath At PSX As KSE-100 Falls by Nearly 2,300 Points After Election Turmoil
Bears wrecked the Pakistan Stock Exchange (PSX) today as the benchmark KSE-100 index lost over 2,200 points in intraday trade… Read More
Rupee Rises Slightly Against US Dollar to End Election Week
The Pakistani rupee gained slightly against the US Dollar today after opening trade at 280 in the interbank market. It… Read More
Pakistan’s Dollar Bonds Crash Following Election Results
Pakistan’s sovereign bonds have fallen by up to 5 percent in the past 24 hours, with investors taken aback by… Read More
Pakistan Needs New IMF Program to Pay Previous Debt: Ex-SBP Governor
Pakistan has a complicated debt quandary to deal with as it needs fresh funds from the International Monetary Fund (IMF)… Read More
Finance Ministry Readies Plan to Present Budget 2024-25
The federal budget for the next financial year is likely to be presented in the first week of June. A… Read More
Rupee Strengthens Against US Dollar A Day Before Elections
The Pakistani rupee reversed losses against the US Dollar today after opening trade at 279 in the interbank market. It… Read More
