The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged… Read More
Rupee Rises Higher Against US Dollar 8th Day in a Row
The Pakistani rupee rose higher against the US Dollar today after opening trade at 306 in the interbank market. At… Read More
Rupee Rises Higher Against US Dollar 7th Day in a Row
The Pakistani rupee recovered further against the US Dollar today after opening trade at 304 in the interbank market. At… Read More
Extreme Heat and Floods to Cause $65 Billion Damage to Pakistan and 3 Other Countries
Apparel exports from four Asian countries including Pakistan face a $65 billion dent by 2030 due to extreme heat and… Read More
Interim Finance Minister Summons FBR Plan to Achieve Massive Revenue Target
Interim Finance Minister Dr. Shamshad Akhtar has asked the Federal Board of Revenue (FBR) to share its plan for achieving… Read More
Banking Industry Deposits Surge to All-Time High in August
The banking industry reported all-time high deposits of Rs. 26.1 trillion by the end of August 2023. According to the… Read More
Hub Power Company Posts Highest-Ever Profit in FY23
The Hub Power Company Limited (PSX: HUBC), one of the largest private power producers in the country, has announced the… Read More
Rupee Closes Below 300 After 13 Spine-Chilling Sessions
The Pakistani rupee surged even higher against the US Dollar today after opening trade at 305 in the interbank market.… Read More
Pakistan’s Ranks 3rd Most Vulnerable Country to Debt Crisis
Pakistan – arguably South Asia’s weakest economy– is among the top 3 countries most vulnerable to a debt crisis, a… Read More
Pak-Afghan Trade Dips 11% in First Two Months of FY24
The bilateral trade between Pakistan and Afghanistan has decreased by 11 percent (from $264.40 million to $234.48 million) during the… Read More
Most Pakistani Consumers At Risk of Falling Prey to Scammers: Visa
Over-confidence is leaving consumers in Pakistan open to becoming victims of fraud, according to Visa’s latest Stay Secure study released… Read More
US Dollar Drops Below 300 Against Rupee in Open Market First Time Since May
The Pakistani rupee surged even higher against the US Dollar today after opening trade at 306 in the interbank market.… Read More
