The Securities and Exchange Commission of Pakistan (SECP) has warned the public about falling prey to unauthorized lending apps, namely… Read More
Monthly Remittances Drop Bellow $2 Billion, Lowest Since April 2020
Pakistan’s economy remains in a challenging and sensitive stage on various fronts. Another piece of bad news has emerged as… Read More
Rupee All Red Against US Dollar After IMF Leaves Without A Deal in Place
The Pakistani rupee (PKR) reversed gains and reported losses against the dollar during interbank trade on Monday, rising as high… Read More
Rupee Ends Dramatic Week With Gains Against US Dollar Despite No Deal With IMF
The Pakistani rupee (PKR) surprised markets and gained further against the dollar during interbank trade on Friday, rising as high… Read More
MSCI Removes Lucky Cement From Frontier Market Index
In its latest Quarterly Index Review (QIR), the investment research firm and stock markets index provider Morgan Stanley Capital International… Read More
Khalid Siraj Textile Mills Announces Closure for Rest of Q1 2023
Khalid Siraj Textile Mills Limited (PSX: KSTM) has decided to close its mill operations until March 31st, 2023. In a… Read More
Govt to Impose Rs. 170 Billion ‘Mini-Budget’ for IMF Deal: Dar
Finance Minister Ishaq Dar has confirmed that Pakistan had received a Memorandum of Economic and Fiscal Policies (MEFP) along with… Read More
IMF Pushes for Timely and Decisive Implementation of Policies As Virtual Discussions to Continue
The International Monetary Fund (IMF) has stated that timely and decisive implementation of policies along with resolute financial support from… Read More
Engro Fertilizers’ Profit Decline by 24% in 2022 Despite Q4 Growth
Engro Fertilizers Limited (PSX: EFERT) has reported a profit after tax (PAT) of Rs. 16 billion in the calendar year… Read More
Rupee Jumps 2nd Day in a Row Against US Dollar With Markets Hopeful for IMF Nod
The Pakistani rupee (PKR) gained further against the dollar during interbank trade on Thursday, rising as high as 268 against… Read More
Ishaq Dar Hopeful to Give ‘Good News’ to Nation About IMF Bailout Soon
A deal with the International Monetary Fund (IMF) will be signed soon enough as both sides enter a final round… Read More
Minister Says Pakistan Has Reached ‘Some Understanding’ With IMF
There has been some breakthrough at the informal level between Pakistan and the International Monetary Fund (IMF) on the revival… Read More
