The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
LNG Shortage Expected Due to PSO’s Huge Liquidity Crunch
Pakistan State Oil’s (PSO) liquidity crunch has hit an all-time high of nearly Rs. 900 billion due to a menacing… Read More
MSCI Removes MCB From Frontier Market Index
Investment research firm and stock markets index provider, Morgan Stanley Capital International (MSCI) has removed MCB Bank from the Frontier… Read More
Mini Budget is Being Considered With More Taxes
The government is likely to pass a mini-budget soon in order to fulfill prior actions of international lenders and meet… Read More
Avanceon Ltd Targets $100 Million Yearly Orders by 2025
Avanceon Limited (AVN) plans to achieve order generation of $100 million by 2025 with 80 percent revenue from the Middle… Read More
Remittances Drop by Over 9% to $2.2 Billion in October
The inflows of remittances continued the downward trend in the current financial year showing a drop of over 9 percent… Read More
SPI-Based Weekly Inflation Rises Due to Increase in Food Prices
The Sensitive Price Indicator (SPI) based inflation for the week ended on November 10, recorded an increase of 0.74 percent… Read More
Rupee Loses Over Rs. 5 Against EUR, AUD, GBP After Massive Drop in SBP Reserves
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Rupee Rises 4th Day in a Row Against US Dollar On More Investment News, Oil Drop
The Pakistani Rupee (PKR) gained further against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More
Hascol Losses Increase By Massive 122% in 9 Months of 2022
Hascol Petroleum Limited has announced its financial results for the nine months ended 30 September 2022. It has posted a… Read More
Rupee Holds Out Against US Dollar As Market Awaits Political, Economic Clarity
The Pakistani Rupee (PKR) held out against the US Dollar (USD) during intraday trade today. It remained stable and closed… Read More
Pakistan Set to Suffer as Europe Continues to Stockpile Fuel
Europe has stockpiled enough fuel to last the winter season but poor countries like Pakistan will suffer as they find… Read More
