The production of petroleum products in Pakistan witnessed a decline of 10.24 percent during July-March 2022-23 (FY23) as its indices… Read More
Rupee Rebounds 2nd Day in a Row Against US Dollar, Other Currencies
The Pakistani rupee recorded a small recovery of nearly 12 paisas against the US Dollar during intraday trade today after… Read More
Large Scale Manufacturing Contracts by Whopping 25% in March
The Large Scale Manufacturing Industries (LSMI) output decreased by 25 percent for March 2023 compared with March 2022 and 9.09… Read More
Outlook Remains Bleak for Steel Sector Amid PKR Drop, Inflation and LC Restrictions
The long steel sector has been facing a tough situation owing to the continued steep depreciation of PKR versus US$,… Read More
PKR Makes Huge Recovery of Nearly Rs. 16 Against US Dollar After Yesterday’s Thrashing [Updated]
The Pakistani rupee recorded a massive recovery of nearly Rs. 16 against the US Dollar during the first two hours… Read More
Economic and Human Loss of Data Closure: Millions of Family Earners Are Out of Work
Pakistan Telecommunication Authority (PTA) has pulled the plug on mobile internet for an indefinite period as per the directives of… Read More
Banks Attract Deposits of Over Rs. 3 Trillion in 1 Year
The deposits of the commercial banks have witnessed staggering inflows of over Rs. 3 trillion merely in one year because… Read More
Dollar Horror: History Made As PKR Helplessly Crashes Below 300 With Country in Crisis [Updated]
The Pakistani rupee nosedived to its lowest ever of 300 against the US Dollar during intraday trade today after breaching… Read More
Remittances Decrease by 29% YoY to $2.2 Billion in April
Remittances in April registered a decrease of 12 percent on a month-on-month (MoM) basis and dropped to the $2.2 billion… Read More
Pakistan Edges Closer to Default as Imran Khan Arrest May Delay IMF Deal: Bloomberg
Pakistan is on the verge of default as political unrest sparked by the arrest of former Prime Minister Imran Khan… Read More
Rupee Crashes to New All Time Low Against US Dollar After Losing Rs. 6.35 Within Hours
History has been made as the Pakistani rupee crashed to its lowest ever of 289.75 against the US Dollar during… Read More
Petroleum Division Seeks Comments on Transfer of Govt Stakes in NPP, GEPCO to PSO
Petroleum Division has requested comments on Pakistan State Oil’s (PSO) plan to acquire shares of GEPCO and Nandipur Power Plant… Read More
