The Islamic finance industry in Pakistan is expected to continue its growth trajectory over the medium term, driven by strong… Read More
Rupee at New All-Time Low Against US Dollar After Biggest Single-Day Crash Since 2020
The Pakistani Rupee (PKR) shattered its previous record low against the US Dollar (USD) and posted losses in the interbank… Read More
Pakistan’s Real Effective Exchange Rate Falls to 95.85 in April
Pakistan’s Real Effective Exchange Rate (REER) has decreased by 0.84 percent to 95.85 in April 2022. According to the latest… Read More
Roshan Digital Account Inflows Drop to $189 Million in May
The inflows under Roshan Digital Account witnessed a lukewarm response in May with inflows standing at $189 million — a… Read More
Govt Likely to Hike Gas Prices for Fertilizer Makers: Report
Gas bills for the fertilizer sector are likely to go up as the government tries to convince the International Monetary… Read More
IMF, Oil Prices, Election Year Risks to Bring Down the GDP Growth to 5%
Pakistan’s GDP growth is forecast at 5 percent in the fiscal year 2022-23 (ending June 2023) on the back of… Read More
Pakistan’s Investment to GDP Ratio Soars to 15.1%
Pakistan’s investment-to-GDP ratio has increased from 14.6 percent of GDP in 2020-21 to 15.1 percent during the ongoing fiscal year.… Read More
KSE-100 Bleeds Over 900 Points Amid Economic Woes
Pakistan equities witnessed an alarming sell-off during the early hours of trade on Friday after the government suddenly increased the… Read More
Pakistan Reports Record Textile Exports But Mill Owners Predict Poor Future Under New Govt
Pakistan registered its highest-ever textile exports of $17.67 billion in July-May financial year (FY) 2021-22, depicting a 28.5 percent year-over-year… Read More
Rupee Suddenly Ends Winning Streak Against US Dollar After Petrol Bomb
The Pakistani Rupee (PKR) halted its dramatic recovery against the US Dollar (USD) and posted losses in the interbank market… Read More
Moody’s Downgrades WAPDA’s Outlook from Stable
Moody’s Investors Service has revised Pakistan Water and Power Development Authority’s (WAPDA) outlook to negative from stable. At the same… Read More
Urea Offtake Plunges by 10% in May
As per provisional fertilizer offtake data for the month of May 2022, urea offtake reported a decline of 10 percent… Read More
