Asset Management Companies (AMCs) in Pakistan continued to attract inflows of funds from individual investors and corporations due to lucrative… Read More
Rupee Closes in Red 2nd Day in a Row Against US Dollar As Uncertainty Mounts
The Pakistani rupee (PKR) closed in red second day in a row against the US Dollar (USD) today after opening… Read More
Govt Raised Rs. 2 Trillion Via Sukuk Auctions At PSX in 2024
In 2024, the Government raised Rs. 2 trillion from Sukuk auctions using the PSX auction system in 15 total auctions.… Read More
Pakistan’s Central Govt Debt Decreases by Rs. 456 Billion in October 2024
The total public debt stock of the federal government increased by 10.6 percent on a year-on-year (YoY) basis in October… Read More
Rupee Again Depreciates Against US Dollar and Other Top Currencies
The Pakistani rupee (PKR) closed in red reversing its two-day winning streak against the US Dollar (USD) today after opening… Read More
Petroleum Sales in Pakistan Hit Highest Level in Over 2 Years
Pakistan recorded OMC sales of 1.58 million tons up by 15 percent year-on-year (YoY) in November 2024. According to Topline… Read More
IT Sector Loses More Than $1 Million Per Hour Due to Internet Shutdowns
Pakistan’s Information Technology sector suffered losses of more than $1 million per hour on account of the internet shutdown, said… Read More
China is Pakistan’s Biggest Financier With Almost $29 Billion in Loans in 2023
The World Bank (WB) has estimated Pakistan’s total external debt stocks at $130.847 billion by end-2023 compared to $127.708 billion… Read More
PSX Closes Above 104,000 Milestone As Market Activity Hits 18-Year High
The Pakistan Stock Exchange achieved another milestone as market activity surged to an 18-year high, with a traded value of… Read More
Rupee Appreciates 2nd Day in a Row Against Most Currencies
The Pakistani rupee (PKR) closed in green second day in a row against the US Dollar (USD) today after opening… Read More
Utility Stores Corporation Posts Rs. 2.5 Billion Loss in 3 Months
The Utility Stores Corporation (USC) has reported losses of Rs. 2.5 billion over the past three months due to poor… Read More
Pakistan Post’s Expenditure Over 3x Higher Than Its Revenue
The National Assembly’s Standing Committee on Communications was informed on Monday that Pakistan Post was generating an income of Rs.… Read More
