Pakistan’s Consumer Price Index-based inflation increased by 21.32 percent on a year-on-year basis in June 2022 compared to an increase of… Read More
Pakistani Startup Funding Shrinks by 41% in Three Months
Startup funding in Pakistan decreased by 41 percent to less than $104 million during the second quarter of the calendar… Read More
Rupee Ends Fiscal Year 2021-22 With Gains Against US Dollar
The Pakistani Rupee (PKR) improved further against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
Rupee Recovers Big Against Major Currencies After IMF ‘Clarity’ Pumps Markets
The Pakistani Rupee (PKR) improved further against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
Pakistan’s Real Effective Exchange Rate Declines by Massive 2.4% in May
Pakistan’s Real Effective Exchange Rate (REER) has decreased by a massive 2.4 percent to 93.57 in May 2022. According to… Read More
Rupee Gains Big Against US Dollar After IMF Breakthrough
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
Rupee Slides Further Against US Dollar Despite IMF Talks and Oil Drop
The Pakistani Rupee (PKR) continued to struggle against the US Dollar (USD) and posted losses in the interbank market today.… Read More
Pakistan’s Fuel Oil Imports to Hit 4-Year High Despite Supply Crunch
Pakistan’s monthly fuel oil imports are projected to hit a four-year high in June as it struggles to procure liquefied… Read More
NHA to Settle All Disputes With Chinese Firms Over CPEC Projects
The National Highway Authority (NHA) Executive Board has decided to initiate an amicable settlement process of all the disputes between… Read More
Pakistan Records Highest-Ever Cement Sales in Over a Year
Cement sales have soared by two percent year-on-year (YoY) to 5.30 million tons in June 2022 from 5.21 million recorded… Read More
TPL REIT Receives Over Rs. 5.6 Billion in Pakistan’s Largest Ever Equity Transaction
TPL REIT Fund I, managed by TPL REIT Management Company Limited (TPL RMC), has achieved its First Financial Close with… Read More
Outrageous Price Forces Pakistan to Scrap Purchase Bid for LNG Cargo
The government has decided to scrap the most expensive LNG spot purchase bid of $39.8/MMBtu for the month of July… Read More
Rupee Ends Week With Losses Against US Dollar After ‘Super Tax’ Rattles Markets
The Pakistani Rupee (PKR) reversed yesterday’s gains against the US Dollar (USD) and posted losses in the interbank market today.… Read More
PSX Bleeds Over 2,000 Points After Govt Imposes ‘Super Tax’ on Large-Scale Industries [Updated]
Pakistan equities witnessed a panic-struck selling spree during the early hours of trade on Friday after Prime Minister Shehbaz Sharif… Read More
Rupee Posts Biggest Ever Single-Day Gain Against US Dollar After Good News From China
The Pakistani Rupee (PKR) reversed its losing streak against the US Dollar (USD) and posted massive gains in the interbank… Read More