The banking industry reported all-time high deposits of Rs. 26.1 trillion by the end of August 2023. According to the… Read More
Interim Finance Minister Reiterates Govt’s Commitment to Resolve Structural Issues
Federal Minister for Finance and Revenue Dr Shamshad Akhtar has reiterated the government’s commitment to resolving structural issues. Speaking at… Read More
Rupee Closes Below 300 After 13 Spine-Chilling Sessions
The Pakistani rupee surged even higher against the US Dollar today after opening trade at 305 in the interbank market.… Read More
Pakistan’s Ranks 3rd Most Vulnerable Country to Debt Crisis
Pakistan – arguably South Asia’s weakest economy– is among the top 3 countries most vulnerable to a debt crisis, a… Read More
UBL to Set Up Exchange Company
The Board of Directors of United Bank Limited (PSX: UBL) has approved the establishment of an exchange company with Rs.… Read More
Most Pakistani Consumers At Risk of Falling Prey to Scammers: Visa
Over-confidence is leaving consumers in Pakistan open to becoming victims of fraud, according to Visa’s latest Stay Secure study released… Read More
US Dollar Drops Below 300 Against Rupee in Open Market First Time Since May
The Pakistani rupee surged even higher against the US Dollar today after opening trade at 306 in the interbank market.… Read More
Caretaker Govt Likely to Impose Duty on 1,100 Items to Protect Forex Reserves
As part of a broader attempt to protect the country’s forex reserves, the interim government is working on imposing hefty… Read More
SBP, FIA Deny Rumors of Crackdown on Bank Lockers
The State Bank of Pakistan (SBP) and Federal Investigation Agency (FIA) have denied claims that the interim government plans a… Read More
AsiaPak Investments Buys Bol Network and Appoints New CEO
One of Pakistan’s leading media groups, Bol Network, has been acquired by AsiaPak Investments. Bol will remain headquartered in Karachi… Read More
Pakistan’s Cash Economy Sees Massive Rs. 700 Billion Dip in First 2 Months of FY24
The documented currency in circulation (CiC) has decreased to Rs. 8.5 trillion in Pakistan, representing a big drop in informal… Read More
Soya Supreme Plans Initial Public Offering
Soya Supreme is preparing an initial public offering (IPO) at the Pakistan Stock Exchange as it eyes expansion into the… Read More
