Finance Archives

Govt Presses Banks, Forex Companies to Cut PKR/USD Rate ‘At All Costs’

The federal government is bullying banks and exchange companies to push the US dollar rate below the current rate. Banks… Read More

The federal government will launch a new five-year electric vehicle (EV) policy on August 14, backed by the International Monetary… Read More

The Directorate General of Petroleum Concessions (DGPC) has revealed that hundreds of payment challans submitted by private oil and gas… Read More

The State Bank of Pakistan (SBP) purchased $473 million worth of foreign currency (USD) from the interbank FX market in… Read More

The Federal Investigation Agency (FIA) has arrested individuals and seized foreign and local currency including 700 US Dollars during a… Read More

The federal government has reduced profit rates on several National Savings Schemes with effect from July 28. The annual profit… Read More

Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has demanded that the interest… Read More

Bio Amla Shampoo owners have clarified that they are a legally separate entity from the private limited company (Forvil Cosmetics… Read More

The Competition Commission of Pakistan (CCP) has recovered a penalty of Rs. 150 million from Reckitt Benckiser Pakistan Limited for… Read More

The Pakistani rupee (PKR) closed in green against the US Dollar (USD) and against the British Pound (GBP) on Friday.… Read More

The yields on all the Pakistani Eurobonds declined globally on 25 July 2025 after S&P Global upgraded Pakistan’s sovereign credit… Read More

The federal government will not amend the Finance Act 2025 to revise the expanded definition of tax fraud or the… Read More