The power sector circular debt increased by Rs. 378 billion to Rs. 2,631 billion during the first 10 months (July-April)… Read More
Rupee Rises 2nd Day in a Row Against US Dollar, Other Currencies
The Pakistani rupee gained further ground against the US Dollar during intraday trade today after opening trade at 287.45 in… Read More
Pakistan is in Bottom 5 of Global Gender Parity Ranks
Pakistan, Iran and Afghanistan are at the bottom of the World Economic Forum’s regional and global rankings for gender parity.… Read More
Foreign Direct Investments Down By 21% in 11 Months of FY23
Foreign Direct Investment (FDI) has shrunk by 21 percent year-on-year (YoY) in the current fiscal year (FY) between July to… Read More
Foreign Loans Decline by 36% in 11 Months Amid IMF Holdout
Pakistan is expected to make more efforts to convince the International Monetary Fund for a bailout in Paris this week… Read More
Brief Respite: PKR Recovers to 287.22 Against US Dollar
The Pakistani rupee marginally recovered against the US Dollar during intraday trade today after opening trade at 287.5 in the… Read More
Different Year, Same Story: Pakistan Fails to Attract Bids for LNG Tender
After a gap of almost 12 months, Pakistan has again failed to purchase liquefied natural gas (LNG) on the spot… Read More
Pakistan’s Electricity Generation Down by 16% in May
Power generation in the country went down by 16 percent on a year-on-year (YoY) basis to 12,284 gigawatts per hour… Read More
Pakistan’s Real Effective Exchange Rate Jumps to 87.1 in May
Pakistan’s Real Effective Exchange Rate (REER) jumped by 1.5 percentage points to 87.1 in May 2023. According to the latest… Read More
Rupee Falls Against US Dollar With IMF Bailout Off the Table
The Pakistani rupee fell against the US Dollar during intraday trade today after opening trade at 286.5 in the interbank… Read More
PSX in Freefall After KSE-100 Sheds Over 680 Points Amid IMF Delay
Bears ran riot at the Pakistan Stock Exchange (PSX) today, with the benchmark KSE-100 index losing over 680 points in… Read More
PPL Wants Govt to Pay Back Rs. 6.18 Billion Pending Dues in FY2023-24
Pakistan Petroleum Limited (PPL) seeks recovery of Rs. 6.18 billion in pending dues during the financial year (FY) 2023-24. In… Read More
