The Pakistani Rupee (PKR) rebounded against the US Dollar (USD) and posted gains during intraday trade today. It appreciated by… Read More
ADB to Provide $50 Million Loan for Rehabilitation of 23 Dams in Balochistan
The Asian Development Bank will provide a soft loan of $50 million for the rehabilitation of 23 storage dams and… Read More
Dawood Hercules Adopts Resolution to Invest Rs. 5.35 Billion in Associated Companies
Dawood Hercules Corporation (DAWH) Limited will invest up to Rs. 5.35 billion in the shares of associated companies. According to… Read More
Pakistan is Now Over 92% More Likely to Default on its Debt
Pakistan’s chances of defaulting on its debt have reached alarming new levels, with the cost of ‘insuring’ the country’s sovereign… Read More
US Dollar Up 7th Day in a Row Against Rupee After ‘LegenDary’ News
The Pakistani Rupee (PKR) was all red against the US Dollar (USD) and posted losses during intraday trade today. It… Read More
FBR Increases Financial Security Deposit Limit By Customs Clearing Agents
The Federal Board of Revenue (FBR) has increased the financial security to be deposited by the new customs clearing agents… Read More
SBP Suspends Operations of 2 More Exchange Companies
State Bank of Pakistan (SBP) has been aggressively taking action against the exchange companies which are involved in malpractices or… Read More
US Dollar Rises 6th Day in a Row Against PKR After IMF News
The Pakistani Rupee (PKR) was bearish against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Senior Hajj Directorate Officer Flees to Canada After Embezzling Rs. 44.6 Million
A senior officer of the Directorate General of Hajj in Jeddah was dismissed from service on embezzlement of Rs. 44.646… Read More
US Dollar Rises 5th Day in a Row Against PKR As IMF Uncertainty, Default Woes Stir Panic
The Pakistani Rupee (PKR) was bearish against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Govt to Provide Rs. 131 Billion Subsidy on Food, Electricity, and More Under BRACE Program
The Government of Pakistan will provide a subsidy of Rs. 131 billion on food, agriculture, electricity, and RLNG, under Building… Read More
Honda Reports a Huge Loss of Rs. 385.28 Million in Q2 FY 2023
Honda Atlas Cars Pakistan Ltd. (HCAR) has announced its financial results for the second quarter that ended September 30, 2022.… Read More
