The Pakistani Rupee (PKR) substantially recovered against the US Dollar (USD) and posted massive gains during intraday trade today amid… Read More
Rupee Gains Further Against US Dollar After IMF News and Oil Drop
The Pakistani Rupee (PKR) maintained its positive growth against the US Dollar (USD) and posted gains during intraday trade today.… Read More
Pakistan’s Import Bill Declines by Massive $3 Billion in First Month of FY23
Pakistan’s imports declined by 38.31 percent to $4.861 billion in July 2022 on a month-on-month (MoM) basis against $7.880 billion… Read More
Pakistan Will Weather Out The Economic Crisis Thanks to IMF: Miftah
While the Pakistani Rupee (PKR) now ranks among some of the worst performing currencies worldwide, Pakistan sees progress on the… Read More
Rupee Recovers Against US Dollar After Govt and SBP Offer ‘Assurances’
The Pakistani Rupee (PKR) continued its recovery against the US Dollar (USD) and posted more gains during intraday trade today.… Read More
Massive CPI Inflation Breaks 14-Year Record in July 2022
Pakistan’s Consumer Price Index (CPI) based inflation in July 2022 increased to a 14-year high of 24.9 percent on a… Read More
FBR Kicks off FY23 By Exceeding Tax Collection Target
The Federal Board of Revenue (FBR) has kicked off the financial year 2022-23 by exceeding July’s tax collection target by… Read More
Govt Plans Additional $4 Billion Forex Inflows in Next 12 Months
The government has planned an extra cushion of $4 billion over the next 12 months to bolster Pakistan’s foreign exchange… Read More
Highest Ever Decline in Rupee Value Raises External Debt by Rs. 3500 Billion
Pakistan’s current stock of external loans has escalated by Rs. 3,500 billion as the Rupee (PKR) has steeply declined against… Read More
Rupee Free-fall Stops for the First time in 10 Days
The Pakistani Rupee (PKR) finally ended its losing streak against the US Dollar (USD) and posted gains during intraday trade… Read More
Nestlé Pakistan Registers Profit Growth of 33% in H1 CY2022
Nestlé Pakistan Limited recorded a stellar performance as it reported a profit growth of 33.04 percent in the first half… Read More
Cement Sales Fall by 54% in July
Cement sales have dipped by a massive 54 percent year-on-year (YoY) to 1.79 million tons in July 2022 from 5.30… Read More
