Pakistan is in talks with Qatar to expand liquefied natural gas (LNG) deliveries in a desperate bid to address the… Read More
Pakistan’s Real Effective Exchange Rate Falls to 95.85 in April
Pakistan’s Real Effective Exchange Rate (REER) has decreased by 0.84 percent to 95.85 in April 2022. According to the latest… Read More
SBP Allows DFIs to Participate in Open Market Operations
The State Bank of Pakistan (SBP) has decided to allow Development Finance Institutions (DFIs) to participate in Open Market Operations… Read More
Roshan Digital Account Inflows Drop to $189 Million in May
The inflows under Roshan Digital Account witnessed a lukewarm response in May with inflows standing at $189 million — a… Read More
Pakistan-Based Farmdar Raises $1.3 Million in Seed Round
Pakistan-based agri-tech startup Farmdar has raised $1.3 million in a seed funding round led by prominent investment entities. The round… Read More
Rupee Crashes Against US Dollar as Oil Payments and Budget Concerns Create Panic
The Pakistani Rupee (PKR) crashed near its record-breaking low against the US Dollar (USD) and posted losses in the interbank… Read More
BlueEx is Planning to Acquire Stake in Major E-Commerce Company
Universal Network Systems Limited (BlueEx) has planned to expand its footprint by acquiring stakes in a major e-commerce logistics, and… Read More
Govt Likely to Hike Gas Prices for Fertilizer Makers: Report
Gas bills for the fertilizer sector are likely to go up as the government tries to convince the International Monetary… Read More
IMF, Oil Prices, Election Year Risks to Bring Down the GDP Growth to 5%
Pakistan’s GDP growth is forecast at 5 percent in the fiscal year 2022-23 (ending June 2023) on the back of… Read More
Govt Reduces KP’s Merged Area Development Budget
The federal government has reduced the development budget of the merged districts of Khyber Pakhtunkhwa (KP) for the next fiscal… Read More
KSE-100 Bleeds Over 900 Points Amid Economic Woes
Pakistan equities witnessed an alarming sell-off during the early hours of trade on Friday after the government suddenly increased the… Read More
Rupee Suddenly Ends Winning Streak Against US Dollar After Petrol Bomb
The Pakistani Rupee (PKR) halted its dramatic recovery against the US Dollar (USD) and posted losses in the interbank market… Read More
