Pakistan’s textile exports in August surged to the highest level since September 2022 ($1.53 billion), according to Arif Habib Limited.… Read More
Caretaker Govt Likely to Impose Duty on 1,100 Items to Protect Forex Reserves
As part of a broader attempt to protect the country’s forex reserves, the interim government is working on imposing hefty… Read More
Pakistan’s Cash Economy Sees Massive Rs. 700 Billion Dip in First 2 Months of FY24
The documented currency in circulation (CiC) has decreased to Rs. 8.5 trillion in Pakistan, representing a big drop in informal… Read More
Rupee Gains Rs. 35 Against US Dollar in Open Market in Just Five Days
The Pakistani rupee surged even higher against the US Dollar today after opening trade at 305 in the interbank market.… Read More
Weekly Inflation Jumps by Over 26% as Food Becomes Costly
The Sensitive Price Indicator (SPI)-based inflation for the week ended on 7th September 2023 increased by 0.96 percent, according to… Read More
Interloop to Acquire US-Based Top Circle Hosiery Mills
Interloop Limited (PSX: ILP) has decided to acquire a controlling interest in Top Circle Hosiery Mills, the company informed the… Read More
Maple Leaf Cement Posts All-Time High Profit of Rs. 5.77 Billion in FY23
Maple Leaf Cement Factory Limited (MLCF) Monday announced its financial results for the financial year ended June 30, 2023. According… Read More
Rupee Posts Massive Gains Against US Dollar in Open Market
The Pakistani rupee reversed losses against the US Dollar today after opening trade at 306.6 in the interbank market. At… Read More
Interloop Records Highest Ever Profit of Over Rs. 20 Billion in FY23
Interloop Limited (PSX: ILP), a textile and garments exporter company, posted a profit of Rs. 20.1 billion in the financial… Read More
T-Bill Chaos: Bad News for Pakistan With SBP Set to Hike Interest Rate to 24%
The Monetary Policy Committee of the State Bank of Pakistan (SBP) is strongly expected to raise the policy rate by… Read More
Hascol’s Losses Spike to Rs. 7.1 Billion in First 3 Months of 2023
Hascol Petroleum Limited has announced its financial results for the three months ended 31 March 2023. The company has posted… Read More
Rupee Gains Against US Dollar in Open Market After COAS Asim Munir’s Remarks
The Pakistani rupee dropped further against the US Dollar today after opening trade at 306.645 in the interbank market. At… Read More
