The Pakistani rupee (PKR) gained further ground and reported gains against the dollar during interbank trade on Wednesday, rising as… Read More
Inflation in Pakistan Could Average 33% in First Half of 2023: Report
While it is highly unlikely that funds from the International Monetary Fund (IMF) will help Pakistan get its economy back… Read More
Rupee Makes Big Gains Against US Dollar As Markets React to IMF Talks, New Taxes
The Pakistani rupee (PKR) reversed losses and reported gains against the dollar during interbank trade on Tuesday, rising as high… Read More
NHA Board Okays Rs. 62.9 Billion Annual Maintenance Plan
The National Highway Authority (NHA) Executive Board approved the annual maintenance plan 2022-23 amounting to Rs. 62.917 billion in addition… Read More
Toyota IMC’s Profit for Half Year Down 74% Due to Massive Decline in Sales
Toyota Indus Motor Company (IMC) Limited has announced its financial results for the half-year that ended on December 31st, 2022.… Read More
Monthly Remittances Drop Bellow $2 Billion, Lowest Since April 2020
Pakistan’s economy remains in a challenging and sensitive stage on various fronts. Another piece of bad news has emerged as… Read More
Rupee All Red Against US Dollar After IMF Leaves Without A Deal in Place
The Pakistani rupee (PKR) reversed gains and reported losses against the dollar during interbank trade on Monday, rising as high… Read More
Nishat Power Ltd Posts 23% Profit Growth in First 6 Months of FY23
Nishat Power Limited (PSX: NPL) announced its financial results for the half-year that ended on December 31st, 2022, whereby the… Read More
PKR Devaluation, Inflation, Raw Material Shortage Take Heavy Toll on Steel Industry
The country is facing a severe shortage of steel rebars due to the inability of the State Bank of Pakistan… Read More
Weekly Inflation Records 35% Jump from Last Year
The Sensitive Price Indicator (SPI) based inflation for the week ended February 9, 2023, recorded an increase of 0.17 percent… Read More
Sazgar’s Profits for Half Year Down 15% Despite Q2 Gains
Sazgar Engineering Works Limited (PSX: SAZEW) announced its financial results for the half year that ended on December 31st, 2022,… Read More
Rupee Ends Dramatic Week With Gains Against US Dollar Despite No Deal With IMF
The Pakistani rupee (PKR) surprised markets and gained further against the dollar during interbank trade on Friday, rising as high… Read More
