The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Renowned Private Equity Firm Eyes Ibex Takeover
Ibex Holdings Limited, one of the world’s largest customer experience outsourcers for startups and scale-ups – and a related company… Read More
Pakistan Likely to Get $152 Million Loan for Naulong Dam from ADB
The Asian Development Bank (ADB) is likely to provide a loan of $152 million for the construction of the Naulong… Read More
Rupee Rises 4th Day in a Row Against US Dollar On More Investment News, Oil Drop
The Pakistani Rupee (PKR) gained further against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More
Rupee Holds Out Against US Dollar As Market Awaits Political, Economic Clarity
The Pakistani Rupee (PKR) held out against the US Dollar (USD) during intraday trade today. It remained stable and closed… Read More
Govt to Cap Foreign Currency Purchase to Bring Down US Dollar
The federal government has decided to limit foreign currency bought per person and limited outflow to $50,000 per year with… Read More
Rupee Gains Further Against US Dollar, Falls Sharply Against Pound and Euro
The Pakistani Rupee (PKR) gained further against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More
IMF Wants Pakistan to Reverse Rs. 1.9 Trillion Agri and Electricity Subisidies
The International Monetary Fund (IMF) has grave misgivings about Pakistan’s recently announced Rs. 1.91 trillion agriculture and electricity subsidies and… Read More
Over Rs. 32 Billion of USF Funds Remain Unutilized
Funds of billions of rupees under the Universal Service Funds (USF), an entity responsible for providing telecom services in remote… Read More
Rupee Halts Losses Against US Dollar Amid Dirty Politics and Uncertainty
The Pakistani Rupee (PKR) halted losses against the US Dollar (USD) and posted marginal gains during intraday trade today. It… Read More
State Bank Allows Exchange Companies to Sell 20% Remittances
Exchange Companies (ECs) are now permitted to sell 20 percent of remittances sent by overseas Pakistanis to their customers in… Read More
Rupee Slides Further Against Dollar After Market Reacts to US Interest Rate Hike
The Pakistani Rupee (PKR) slid further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
