Pakistan has so far imported petroleum products worth $100 million on a deferred payment basis under the Saudi oil facility.… Read More
Rupee Finally Halts Rapid Fall Against US Dollar After Oil Prices Retreat
The Pakistani Rupee (PKR) finally reversed its fall against the US Dollar (USD) and reported gains in the interbank market… Read More
Lotte Chemical Pakistan Ltd Posts 60% Profit Growth in Q1
Lotte Chemical Pakistan Limited (LOTCHEM) has posted a profit after tax of Rs. 2.615 billion for the quarter that ended… Read More
Attock Petroleum Ltd Reports a Massive 207% Increase in Profits
Attock Petroleum Limited (APL) has announced a profit after tax of Rs. 11.247 billion for the 9 months that ended… Read More
Pakistan Shows Substantial Improvement in SDGs: Report
Pakistan has made significant improvements in meeting its Sustainable Development Goals (SDGs), including a reduction in poverty, child mortality and… Read More
Rupee Crashes Against US Dollar as Forex Reserves Reach Dangerous Levels
The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) and reported losses in the interbank market today.… Read More
SBP Reserves Up by $36 Million in One Week
The foreign reserves held by the State Bank of Pakistan (SBP) witnessed inflows of $36 million in the week that… Read More
Pakistan Piles Up $12.7 Billion in Foreign Loans During 9 Months of FY22
Pakistan incurred a foreign debt of $12.767 billion from multiple financing sources in the first nine months (July-March) of 2021-22… Read More
FCEPL Q1 2022 Profit Jumps to Rs. 664 Million
Friesland Campina Engro Pakistan Limited (FCEPL) announced its financial results for the first quarter that ended on 31st March 2022.… Read More
Cut-Off Yield on T-Bills Soars by 70 BPS
The cut-off yields on Treasury Bills (T-Bills) were up by 55-70 basis points (bps) in the auction of the paper… Read More
UBL Overtakes HBL as the Most Profitable Bank in Pakistan
United Bank Limited (UBL) reported a handsome growth of 23 percent in profits during the first quarter of 2022. According… Read More
Rupee Nears All-Time Low Against US Dollar After Oil and IMF Talks Stir Panic
The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) and reported losses in the interbank market today.… Read More
