Businesses in Pakistan have taken significant advantage of political influence through entities such as trade associations, parliamentarians, their business interests,… Read More
Rupee Slides 5th Day in a Row Against US Dollar Despite SBP Governor’s Assurances
The Pakistani Rupee (PKR) dipped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Nimir Industrial Chemicals to Set Up Subsidiary in Uzbekistan
Nimir Industrial Chemicals Limited (NICL) will set up a wholly-owned subsidiary in the jurisdiction of Uzbekistan. According to a stock… Read More
JP Morgan Expects SBP to Raise Policy Rate to All-Time High
The State Bank of Pakistan (SBP) is expected to raise the policy rate by another 400 basis points from 16… Read More
KP Faces Rs. 155 billion Shortfall As Federal Govt Blocks Funds
Finance Minister of Khyber Pakhtunkhwa, Taimur Saleem Jhagra has said the provincial government would be facing a shortfall of Rs.… Read More
Forex Reserves to Increase in 2nd Half of FY23: SBP Governor
State Bank of Pakistan (SBP) Governor Jameel Ahmad has said that all debt repayments are on track and the country’s… Read More
Vietnamese Envoy Tips Trade With Pakistan to Reach $1 Billion
Ambassador of Vietnam to Pakistan Nguyen Tien Phong on Thursday expressed the hope that the annual trade volume between Pakistan… Read More
Roshan Digital Account Inflows Drop for Fifth Straight Month in November
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at a total of $5.4 billion by the end… Read More
Could Debt-for-Nature Swap be the Answer to Pakistan’s Indebtedness?
Sustainability is a key focus of global investors, and demand for green bonds and other sustainable finance products is on… Read More
US Dollar Rises Higher 4th Day in a Row Against PKR As ‘Debt Trap’ Worries Investors
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
After Google Payments, State Bank Blocks $225 Million Airline Funds
The State Bank of Pakistan (SBP) has blocked $225 million in airline funds for repatriation. Pakistan is at a high… Read More
Saudi Finance Minister Vows to Help Pakistan “As Much As We Can”
Saudi Arabia will assist Pakistan’s finances as it seeks to strengthen alliances with countries grappling with the effects of inflation,… Read More
