Local manufacturing plants have manufactured/assembled 19.7 million phones handsets during the first eleven months – January to November 2022 –… Read More
Pakistan Asks World Bank to Extend Credit Deadline for 1,410 MW Project
The government has requested the World Bank for extending the closing date of credit for the Tarbela Fourth Hydropower project… Read More
A Bad Year for PSX As Market Capitalization Fell by 17% in 2022
2022 was another bad year for Pakistani stocks, with the market value (market capitalization) of listed companies at PSX falling… Read More
Textile Exports to Decline Below $1 Billion Next Month: APTMA
The country’s textile exports are expected to decline below $1 billion per month from January 2023 due to issues including… Read More
Rupee Drops 4th Day in a Row Against US Dollar After S&P Ratings Downgrade
The Pakistani Rupee (PKR) fell against the US Dollar (USD) and posted more losses during intraday trade today. It depreciated… Read More
Rupee Drops Further Against US Dollar As IMF, REER, Politics Rattle Market
The Pakistani Rupee (PKR) was all red against the US Dollar (USD) and posted losses during intraday trade today. It… Read More
Govt Rejects All Bids for Fixed Rate PIBs in Auction
The government rejected all the bids for fixed-rate Pakistan Investment Bonds (PIBs) against a target of Rs. 175 billion at… Read More
Pakistan’s GDP Spending on Education Lowest in South Asia
Pakistan’s GDP spending on education stands lowest among South Asian economies at 2.5 percent, which is much less than the… Read More
Pakistan’s Savings and Investment GDP Rate Lowest in Region
Pakistan saving to GDP rate stands around 12 percent which is the lowest in the region and peer economies, according… Read More
Pakistan’s Real GDP Growth to Remain Below 3% in FY23: SBP
Pakistan’s economic growth is expected to moderate considerably during the financial year 2022-23 (FY23), said the State Bank of Pakistan… Read More
Pakistan’s Real Effective Exchange Rate Falls Below 100 in November
Pakistan’s Real Effective Exchange Rate (REER) decreased by 1.4 percent to 98.8 in November 2022. According to the latest monthly… Read More
Rupee Drops Further Against US Dollar 2nd Day in a Row
The Pakistani Rupee (PKR) was all red against the US Dollar (USD) and posted losses during intraday trade today. It… Read More
