Auto financing in Pakistan has increased to Rs. 257.36 billion at the end of March, up from Rs. 248.82 billion… Read More
Rupee Up 2nd Day in a Row Against Rampant Dollar Despite Global Pressure
The Pakistani rupee (PKR) closed in green second day in a row against the US Dollar (USD) today after opening… Read More
UBL Posts Highest Ever Quarterly Profit of Rs. 36 Billion in Q1 2025
United Bank (UBL) announced its 1Q2025 result today, where the bank recorded its highest ever quarterly earnings of Rs. 36… Read More
Govt to End 3% FED on Property Sales After IMF Nod
The federal government has decided to abolish the 3 percent Federal Excise Duty (FED) on the first sale of all… Read More
Fitch Ratings Upgrades Pakistan’s Credit Rating to ‘B-‘ from ‘CCC+’ with Stable Outlook
Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘CCC+’ with a Stable outlook, reflecting… Read More
Rupee Barely Recovers Against US Dollar But Drops Below 370 Against British Pound
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 280 in the… Read More
Another Gulf Country Replaces UAE As Top Employer of Pakistani Workers
Immigration of Pakistani labor workers to the UAE dropped sharply during the first quarter of 2025 (1QCY25), largely due to… Read More
IMF Ends Key Pakistan Visit, Flags Serious Flaws in Governance
The International Monetary Fund (IMF) has found serious flaws in Pakistan’s governance, including political interference in civil service, weak institutional… Read More
Rupee Closes in Red Against All Popular Currencies As Momentum Drops
The Pakistani rupee (PKR) closed in red ending its 2-day win streak against the US Dollar (USD) today after opening… Read More
Rupee Loses Nearly Rs. 10 Against Euro, Rs. 5 Against British Pound
The Pakistani rupee (PKR) closed in green 2nd day in a row against the US Dollar (USD) today after opening… Read More
Rupee Ends Losing Streak Against USD But Loses Rs. 3.5 Against Australian Dollar
The Pakistani rupee (PKR) closed in green ending its 3-day losing against the US Dollar (USD) today after opening trade… Read More
Govt Forecasts Record Exports and Remittances for Current and Next Fiscal Year
The Ministry of Finance has projected the highest exports and remittances in Pakistan’s history for the current fiscal year, with… Read More
