Former Finance Minister Ishaq Dar said last week that if his party is given another chance in the upcoming General… Read More
Majority of Pakistani Businesses Still Worried About Possibility of Default: Gallup Survey
The majority of Pakistan’s businesses are “not hopeful at all” about the ability of caretaker Prime Minister Anwaar-ul-Haq Kakar to… Read More
Rupee Breaks All Records Against US Dollar As Uncertainty Rattles Markets
The Pakistani rupee resumed its record-breaking fall against the US Dollar today after opening trade at 304.1 in the interbank… Read More
Petroleum Sales in Pakistan Down By 8% in August
Total sales of petroleum clocked in at 1.41 million tons in August 2023, declining by 8 percent year-on-year (YoY) mainly… Read More
Cotton Arrival Crosses 3 Million Bales in August, Up 97% Amid Production Boom
Pakistan’s cotton arrivals surged by 97.5 percent year-on-year as of August 31, 2023, clocking in at 3.04 million bales compared… Read More
US Dollar is Now Selling For Rs. 331 Against Rupee in Open Market
The Pakistani rupee halted its neck-breaking fall against the US Dollar today after opening trade at 304 in the interbank… Read More
Public Private Partnerships Prone to ‘Fiscal Illusion’: Ministry of Finance
The Finance Ministry has disclosed that Public Private Partnerships (PPPs) are prone to “fiscal illusion”. The Finance division in its… Read More
Govt Plans New Capital Markets Structure to Raise Long-Term Debt At Competitive Rates
The Federal Government is planning to develop domestic debt capital markets to ensure raising long-term domestic debt at competitive pricing.… Read More
PSX Crashes by Over 1,700 Points Amid Gut-Wrenching Rupee Slump, Economic Turmoil [Updated]
Bears ran riot at the Pakistan Stock Exchange (PSX) today, with the benchmark KSE-100 index losing over 1,700 points in… Read More
Rupee Crashes to New All Time Low Against US Dollar 7th Day in a Row
The Pakistani rupee continued its historic fall against the US Dollar today after opening trade at 299.5 in the interbank… Read More
Pakistani Listed Banks Post Record Profitability in Q2 2023
Pakistan’s listed banks’ profitability increased to a record Rs. 131 billion (up 3x YoY) in 2Q2023. According to Topline Securities,… Read More
NBP Records 114% Profit Growth in H1 2023
Despite the persistently challenging environment during the period, the National Bank of Pakistan reported a profit of over Rs. 26… Read More
