The governments of Pakistan and Dubai have inked more than $3 billion investment pact on cooperation in railways, economic zones,… Read More
PSX Loses Over 1,000 Points During Live Trade After Pakistan Conducts Strikes in Iran [Updated]
Bears ran riot at the Pakistan Stock Exchange (PSX) today, with the benchmark KSE-100 index initially losing over 1,900 points… Read More
Japan Announces $3.62 Million Grant to Support Polio Program in Pakistan
The Government of Japan has announced a new $3.62 million grant to procure essential oral polio vaccines as part of… Read More
Pakistan’s Real Effective Exchange Rate Increases Slightly in December 2023
Pakistan’s Real Effective Exchange Rate (REER) increased by 0.6 percentage points to 98.9 in December 2023. According to the latest… Read More
Rupee Reverses Losses Against US Dollar
The Pakistani rupee reversed Tuesday’s losses and posted gains against the US Dollar today after opening trade at 280 in… Read More
Pakistan Secures Second LNG Cargo from Azerbaijan
Pakistan has successfully procured the second liquefied natural gas (LNG) cargo from the State Oil Company of the Azerbaijan Republic… Read More
Pakistan Records its Highest-Ever Monthly IT Exports of $303 Million in December 2023
Pakistan’s technology sector recorded exports of $303 million during December 2023, up by 23 percent year-on-year (YoY) compared to $247… Read More
Foreign Direct Investment Up by 538% in December 2023
The Foreign Direct Investment (FDI) in the country increased by a staggering 538 percent year-on-year (YoY) to $211 million in… Read More
Egyptian Business Community Likely to Invest in Pakistan’s Auto, Agriculture Sectors
The Fourth Pakistan-Africa Trade Development Conference (PATDC) and Single Country Exhibition (SCE) concluded in Cairo on a high note, opening… Read More
Export Restrictions Fail to Control Onion Prices in the Country
Last week’s jump in the minimum export price (MEP) of onions to $1,200 per ton wasn’t enough to lower costs… Read More
Pakistan Records Highest Current Account Surplus After 5 Months
The country’s current account posted a surplus of $0.397 billion in December 2023, compared to a deficit of $0.365 billion… Read More
Rupee Abruptly Halts 9-Day Win Streak Versus US Dollar Despite UAE News
The Pakistani rupee broke its 9-day winning streak against the US Dollar today after opening trade at 281 in the… Read More
