The Pakistani Rupee (PKR) continued its winning streak against the US Dollar (USD) and posted gains in the interbank market… Read More
Govt Jacks up National Savings Profit Rates by 150 BPS
The government has revised the profit rate on several national savings certificates and schemes by 36 to 150 basis points.… Read More
Pakistan’s Fuel Sales Declined by 2% MoM in May 2022, Further Decline Expected
Pakistan’s oil sales in May witnessed a 2 percent decline, mainly led by a 7 percent fall in High-Speed Diesel… Read More
Rupee Extends Winning Streak Against US Dollar After Good News
The Pakistani Rupee (PKR) continued to recover against the US Dollar (USD) and posted gains in the interbank market today.… Read More
Govt to Abolish Rs. 54 Billion Development Funds for Finance Division in FY23
The government has decided to abolish Rs. 54 billion block allocations for Finance Division in the upcoming Public Sector Development… Read More
Rupee Makes Big Gains Against US Dollar Despite Highest Oil Price in Over 2 Months
The Pakistani Rupee (PKR) continued to recover against the US Dollar (USD) and posted gains in the interbank market today.… Read More
Global Oil Prices Back Above $120 After EU Bans Russian Crude
Oil prices surpassed $120 for the first time in more than two months after European Union (EU) leaders decided to… Read More
IMF Deal to Stabilize PKR But Inflation Set to Rise Significantly: Report
The new deal with the International Monetary Fund (IMF) should play a key role in stabilizing forex reserves and positively… Read More
Rupee Gains Big Against US Dollar Despite IMF Uncertainty and Rising Oil Prices
The Pakistani Rupee (PKR) continued to recover against the US Dollar (USD) and posted gains in the interbank market today.… Read More
All Roads Lead to IMF After Pakistan Gets ‘Cold Shoulder’ from Bond Markets
An agreement with the International Monetary Fund (IMF) is Pakistan’s only resort to obtaining funds as the global bond market and… Read More
Development Projects Suffer After Govt Cuts Public Sector Spending
The downward revision of the public sector development program (PSDP) from Rs. 900 billion to Rs. 480 billion has hampered… Read More
Rupee Finally Breaks 15-Day Losing Streak Against US Dollar
The Pakistani Rupee (PKR) finally recovered against the US Dollar (USD) and posted big gains in the interbank market today.… Read More
