Pakistan International Airlines Corporation Limited (PIACL) has announced its financial results for the half-year ended 30 June 2022. It has… Read More
Pakistan’s Real Effective Exchange Rate Falls to 93.2 in July
Pakistan’s Real Effective Exchange Rate (REER) decreased by 0.85 percent to 93.2 in July 2022. According to the latest monthly… Read More
Rupee Slides Against Major Currencies As Oil Prices Rise Back Above $100 per Barrel
The Pakistani Rupee (PKR) slid further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Petroleum Imports Under Saudi Oil Facility Over $100 Million 5th Month in a Row
Pakistan imported petroleum products worth $100 million on a deferred payment basis under the Saudi oil facility for the fifth… Read More
Hascol Recorded Massive Decline in Losses in 2021
Hascol Petroleum Limited has finally announced its annual results for the year ending 31 December 2021. It has reported a… Read More
Rupee Drops Further As Oil Prices and Politics Spoil Qatari Investment News
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Car Financing Affected by Price and Interest Rate Hikes in July 2022
The inflation and the government’s efforts to discourage auto industry imports have started taking a toll on car demand, as… Read More
SBP Keeps Policy Rate Unchanged at 15%
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday decided to keep the policy rate unchanged at… Read More
Rupee Crashes Against US Dollar As UAE Dirham Shortage Shakes Markets
The Pakistani Rupee (PKR) again reversed gains against the US Dollar (USD) and posted losses during intraday trade today. It… Read More
Rupee Rebounds Against Major Currencies As Oil Prices Retreat
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and closed the week with gains during intraday trade… Read More
Rupee Struggles Against US Dollar As Oil Prices and Politics Rattle Markets
The Pakistani Rupee (PKR) slid further against the US Dollar (USD) and posted marginal losses during intraday trade today. It… Read More
ADB to Provide $0.9 Million for Improved Debt Sustainability and Transparency in Pakistan
The Asian Development Bank (ADB) will provide technical assistance (TA), worth $0.9 million, to increase debt sustainability and transparency in… Read More
