The Pakistani rupee (PKR) closed in green against the US Dollar (USD) today after opening trade at 279 in the… Read More
Pakistan Borrowed 38% Fewer Loans in 5 Months of FY25 Than Last Year
Pakistan borrowed $2.667 billion from multiple financing sources during the first five months (July-November) of the current fiscal year 2024-25… Read More
Rupee Depreciates 3rd Day in a Row Against US Dollar Again
The Pakistani rupee (PKR) closed in red to start the final week of December 2024 against the US Dollar (USD)… Read More
Mobile Phone Imports Down 7.5% in First 5 Months of FY25
The country imported mobile phones worth $570.167 million in the first five months (July-November) of the current fiscal year 2024-25,… Read More
Pakistan is Now 88% Less Likely to Default on its Debt But Issues Remain
Pakistan’s chances of defaulting on its debt have fallen far below the point where panic is bliss, with the cost… Read More
These Were the Top Performing Assets in Pakistan in 2024
Pakistan Equities outperformed major asset classes in 2024. The benchmark KSE 100 Index provided a gain of 75 percent (January… Read More
Mutual Funds Behind Historic PSX Rally As Investors Shift from Fixed Income to Equities
Pakistan’s market has returned 35 percent in both rupee and US dollar terms due to strong net inflows via local… Read More
Bank Depositors Surge Over 79 Million in Pakistan
Depositors of scheduled banks surged to over 79.2 million out of which more than 78 million are eligible depositors and… Read More
FBR Imposes Up to 300% Penalties on Sugar Mills For Tax Violations, Suspends 9 Corrupt Officers
The Federal Board of Revenue (FBR) has launched an enforcement drive against non-compliant sugar mills across the country with up… Read More
Islamic Banking Deposits Climb to Rs. 7.4 Trillion
The Deposit Protection Corporation (DPC) has announced the release of its fourth Annual Report for the fiscal year ended June… Read More
Rupee Ends Losing Streak Against US Dollar, Gives British Pound a Beating
The Pakistani rupee (PKR) ended the week reversing its 3-day losing streak against the US Dollar (USD) today after opening… Read More
National Adoption of Digital Payments Will Create 4 Million Jobs, Add $263 Billion in Deposits: Report
The national adoption of digital payments could not only reduce the size of the informal and cash economy but it… Read More
