Finance Archives

Pakistan’s Real Effective Exchange Rate Drops to 90.9 in September

Pakistan’s Real Effective Exchange Rate (REER) decreased by 3.7 percent to 90.9 in August 2022. According to the latest monthly… Read More

The board of directors of Universal Network Systems Limited has decided to switch the listing of the company from GEM… Read More

The Pakistani Rupee (PKR) slid further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More

China’s East Sea Group Limited has revealed plans to invest $4.5 billion to construct a refinery with a yearly oil… Read More

EMPG, the Dubai-based unicorn that owns and operates Zameen.com in Pakistan, announced the closing of a $200 million investment round… Read More

The State Bank of Pakistan (SBP) has suspended, with immediate effect, the authorization of an Exchange Company –B namely M/s… Read More

The Pakistani Rupee (PKR) lost further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More

Hum Network’s board of directors has given its green signal to the company’s management to explore the feasibility of a… Read More

The Pakistani Rupee (PKR) reversed its 3-day winning streak against the US Dollar (USD) and posted losses during intraday trade… Read More

Pakistan’s default risk entered alarming new levels on Monday when the cost of ‘insuring’ its sovereign debt widened to the… Read More

The Pakistani Rupee (PKR) soared further against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More

Did someone say “default” again? Two of the three major US credit rating agencies — Moody’s and Fitch Ratings —… Read More