The Pakistani Rupee (PKR) crashed below the 242 level against the US Dollar (USD) during intraday trade today as political… Read More
WAPDA Receivables From Central Power Purchasing Agency Cross Rs. 234 Billion
The receivables of the Water and Power Development Authority (WAPDA) from the Central Power Purchasing Agency (CPPA-G) have reached Rs.… Read More
Rupee Makes History Against US Dollar After Landmark Supreme Court Decision
The Pakistani Rupee (PKR) crashed to another low against the US Dollar (USD) during intraday trade today. It depreciated by… Read More
JP Morgan Says Pakistan Will Not Default on its Payments
JP Morgan has put substantial weight behind Pakistan’s economy and says the South Asian nation will not default on its… Read More
Rupee Drops Below 238 Against US Dollar in Intraday Crash As Economic Woes Intensify
The Pakistani Rupee (PKR) crashed below the 238 level against the US Dollar (USD) during intraday trade today. By midday,… Read More
Fitch Ratings and Moody’s Expect Pakistan to Secure $1.2 Billion IMF Loan
Fitch Ratings and Moody’s Investor Service have tipped Pakistan to successfully receive $1.2 billion from the International Monetary Fund (IMF),… Read More
Rupee Crumbles As Dollar Drought and Oil Bill Rattle Markets
The Pakistani Rupee (PKR) collapsed to another low against the US Dollar (USD)and posted heavy losses during intraday trade today.… Read More
Govt to Pay Off Over $74 Billion in Debt Servicing During Next 5 Years
The government of Pakistan has projected external debt servicing of $74.427 billion during the next five fiscal years (FYs). As… Read More
State Bank Discourages Dollar Trade as PKR Posts Worst Weekly Drop Since 1998
The State Bank of Pakistan (SBP) has discouraged interbank trading as the shortage of US dollar currency notes has pushed… Read More
FFBL Profit Declines by 32% in 2QCY22
Fauji Fertiliser Bin Qasim Limited (FFBL) has reported a net profit of Rs. 1.783 billion for the quarter ended June… Read More
Rupee Drops to Another Low Against US Dollar As SBP ‘Discourages’ Currency Trade
The Pakistani Rupee (PKR) dropped to another all-time low against the US Dollar (USD) during intraday trade today. It depreciated… Read More
Pakistan’s External Financing Needs for FY23 Fully Met: SBP Governor
Acting Governor State Bank of Pakistan (SBP) Dr. Murtaza Syed said Pakistan’s $33.5 billion external financing needs were fully met… Read More
