The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Russia Offers Massive Oil Discount to Asian Countries as US, EU Provoke Moscow
Russia has contacted several Asian countries to discuss possible long-term oil contracts at discounted prices as the United States continues… Read More
PIA Posts Staggering Loss of Over Rs. 43 Billion in H1 2022
Pakistan International Airlines Corporation Limited (PIACL) has announced its financial results for the half-year ended 30 June 2022. It has… Read More
Pakistan’s Real Effective Exchange Rate Falls to 93.2 in July
Pakistan’s Real Effective Exchange Rate (REER) decreased by 0.85 percent to 93.2 in July 2022. According to the latest monthly… Read More
Rupee Slides Against Major Currencies As Oil Prices Rise Back Above $100 per Barrel
The Pakistani Rupee (PKR) slid further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Petroleum Imports Under Saudi Oil Facility Over $100 Million 5th Month in a Row
Pakistan imported petroleum products worth $100 million on a deferred payment basis under the Saudi oil facility for the fifth… Read More
IT Exports Decline by 15% to $199 Million in July
The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services declined by 15 percent month-on-month… Read More
Hascol Recorded Massive Decline in Losses in 2021
Hascol Petroleum Limited has finally announced its annual results for the year ending 31 December 2021. It has reported a… Read More
Rupee Drops Further As Oil Prices and Politics Spoil Qatari Investment News
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Summit Bank Makes Turnaround Earning Rs. 497 Million Profit in Q2 2022
Summit Bank has finally made a profit of Rs. 497 million in the second quarter of 2022. According to the… Read More
Rupee Crashes Against US Dollar As UAE Dirham Shortage Shakes Markets
The Pakistani Rupee (PKR) again reversed gains against the US Dollar (USD) and posted losses during intraday trade today. It… Read More
Rupee Rebounds Against Major Currencies As Oil Prices Retreat
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and closed the week with gains during intraday trade… Read More
