The Pakistani rupee was red 3rd day in a row against the US Dollar after opening trade at 279 in… Read More
Risk or War: Banks Will Punish Govt For New Lending Tax
Banks have a new target on their back. Instead of fighting inflation, the federal government has decided to tax higher… Read More
Pakistan’s Public Debt Up By Rs. 4 Trillion in 8 Months
The total public debt stock of the federal government increased by 19 percent on a year-on-year (YoY) basis in February… Read More
Govt Approves Rs. 24 Billion Supplementary Budget to Pay Off Liabilities
The inaugural meeting of the Economic Coordination Committee (ECC) chaired by Finance Minister Muhammad Aurangzeb on Thursday okayed a supplementary… Read More
Pak Rupee Down 2nd Consecutive Day Against US Dollar
The Pakistani rupee fell second day in a row against the US Dollar after opening trade at 279 in the… Read More
Pakistan Likely to Achieve PDL Collection Target for FY24 Despite Low Industry Sales
OMC sales clocked in at 1.15 million tons for March 2024, up 4 percent/3 percent on a YoY/MoM basis. The… Read More
Rupee Ends 10 Day Win Streak Against US Dollar, Other Currencies
The Pakistani rupee ended its 10-day winning streak against the US Dollar after opening trade at 279 in the interbank… Read More
Pakistani Startups Fail to Raise A Single Dollar in First Quarter of 2024
Pakistani startups failed to raise a single dollar in the first three months of calendar year 2024 amid investors’ cautious… Read More
Rupee is Killing It – But Here’s Why It Could Be Misleading
The Pakistani Rupee (PKR) has been slowly recovering but at a price. The real effective exchange rate (REER) measures the… Read More
Pak Rupee Jumps 10th Day in a Row Against US Dollar, Other Currencies
The Pakistani rupee rose higher 10th day in a row against the US Dollar after opening trade at 278 in… Read More
World Bank Predicts Pakistan’s GDP Growth Rate Below 3% In Next 3 Years
Pakistan’s economy is expected to grow by only 1.8 percent in the current fiscal year ending June 2024, while no… Read More
Pakistan’s Textile Exports At Lowest Level in 11 Months
Pakistan’s textile exports increased by 3.2 percent year-on-year (YoY) in March 2024 and stood at $1.3 billion compared to $1.26… Read More
