The US dollar’s share of global foreign exchange reserves has fallen to its lowest level this century, according to the… Read More
Bank of Khyber Injects Rs. 1 Billion Into Currency Exchange Subsidiary
Bank of Khyber has formally injected Rs. 1 billion into its subsidiary, BOK Currency Exchange Company (Pvt) Limited, with shareholders… Read More
Rupee Resumes Big Gains Against Top Currencies After Oil Heads Reach Islamabad
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 128th consecutive day on Monday. Meanwhile,… Read More
PSX Briefly Loses Over 7,000 Points As Key Index Slips Below 150,000
Pakistan equities witnessed a big crash on Monday after the weekend’s negative prospects about the regional situation created panic among… Read More
Gold Rate Rises Again in Pakistan After Huge Correction Last Week
Gold prices in Pakistan continued to rise and posted good gains on Monday as international rates recovered from last week’s… Read More
FBR to Investigate Its Own ‘Reward Payouts’ of Rs. 48.4 Crore After AGP Revelation
The Federal Board of Revenue (FBR) has launched a special audit of cash rewards worth Rs. 484.44 million given to… Read More
Pakistan Reaches Staff-Level Agreement With IMF for $1.2 Billion Loan Tranche
Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) on the third review of its Extended Fund… Read More
Govt May Switch to Daily Fuel Price Reviews As IMF Talks Enter Critical Phase
The federal government is weighing a shift to daily fuel price adjustments to better reflect global market swings. The country… Read More
Hamza Ali Abbasi Also Named in Sister’s Alleged Multi-Million-Dollar Tax Fraud Case
The investigation into Dr. Fazeela Abbasi’s alleged money laundering case has expanded, with authorities now looking into the involvement of… Read More
Pakistan Better Than Other Countries in Managing Fuel Supply Despite War: Minister
Khyber Pakhtunkhwa’s Finance Minister Muzzammil Aslam on Friday praised the Federal Minister for Finance and Revenue Muhammad Aurangzeb and Federal… Read More
Rupee Dominates Top Currencies This Week As Iran War Hurts Western Economies
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 127th consecutive day on Friday. Meanwhile,… Read More
The Rise of Ethical Finance: Pakistan’s Islamic Banking Moment
By Zubair Yaqoob There is a quiet revolution underway in global finance; one rooted not in disruption for its own… Read More
