The State Bank of Pakistan (SBP) has decided to fix the sorting parameters of banknote processing machines, the regulator said… Read More
MSCI Index Review: No Change in Pakistan’s Market Status
Morgan Stanley Capital International (MSCI) released an update on its November 2023 Index Review, notifying that there is no change… Read More
Rupee Falls 16th Day in a Row Against US Dollar, Other Currencies
The Pakistani rupee weakened 16th day in a row against the US Dollar today after opening trade at 288 in… Read More
Egyptian Digital Payment Provider to Acquire Advans Pakistan Microfinance Bank
MNT Halan, Egypt’s leading fintech player, is all set to acquire the operations of Advans Microfinance Bank as the State… Read More
TPL Corp And ABHI Want to Acquire FINCA Microfinance Bank
TPL Corp Limited (PSX: TPL) has decided to jointly explore the potential acquisition of majority shares in FINCA Microfinance Bank… Read More
World Bank Approves Restructuring of $380 Million Financial Management Program
The World Bank has approved the restructuring of the financing agreement of the Public Financial Management (PFM) and Accountability for… Read More
No New Taxes: IMF, Pakistan Policy-Level Talks Bearing Fruit
Policy-level discussions between Pakistan and the International Monetary Fund (IMF) have been well underway since Monday and both sides have… Read More
Rupee Weakens 15th Day in a Row Against US Dollar As IMF Talks Enter Crucial Stage
The Pakistani rupee weakened 15th day in a row against the US Dollar today after opening trade at 287 in… Read More
PSX Up Over 1,100 Points As IMF, Elections, Interest Rate Gossip Carry KSE-100 Above 56,500
The Pakistan Stock Exchange (PSX) rallied to a new all-time high in the week’s first trading session as bulls took… Read More
Govt Likely to Tax Windfall Profits of Banks on Foreign Exchange Transactions For 2021, 2022
The caretaker government on the instructions of the International Monetary Fund (IMF) will impose a tax on windfall profits of… Read More
US-Based SOSV Venture Capital Invests Nearly $1 Million in 5 Pakistani Startups
US-based venture capital firm SOSV has invested nearly $1 Million in five Pakistani startups, reported Bloomberg. Truckistan, BusCaro, Metamorph, Umrah… Read More
Pakistan and IMF to Discuss Crucial Topics Today Including US Dollar Price, Bonds
The Federal government has formulated a comprehensive policy-level negotiation schedule with the International Monetary Fund (IMF), with talks to mainly… Read More
