The International Monetary Fund (IMF) has demanded the federal government to impose a mini-budget and cover the Rs. 189 billion… Read More
Pak Rupee Again Depreciates Against US Dollar to Start New Week
The Pakistani rupee (PKR) posted losses against the US Dollar (USD) today after opening trade at 278 in the interbank… Read More
Cut-Off Yields on 1-Year Sukuk Drop by Half in 6 Months Amid Declining Interest Rates
Cut-off yields on 1-year Sukuk have dropped by nearly half in the space of just six months to below 11… Read More
Rupee Ends 4-Day Losing Streak Against US Dollar to End Bad Week
The Pakistani rupee (PKR) reversed its 4-day losing streak against the US Dollar (USD) today after opening trade at 278… Read More
Salaried Class Paid Rs. 368 Billion Withholding Tax in FY24
The salaried class paid Rs. 367.890 billion as withholding tax during 2023-24 as compared to Rs. 264.142 billion in 2022-23,… Read More
Pakistan Receives Highest Ever Workers’ Remittances for October
Remittances sent by overseas Pakistanis increased by 29 percent year-on-year (YoY) to $3.05 billion in September 2024 compared to inflows… Read More
US Dollar Piles More Pressure on Pakistani Rupee After Trump Win
The Pakistani rupee (PKR) posted losses 4th day in a row against the US Dollar (USD) today after opening trade… Read More
Google Claims To Help Generate Rs. 3.9 Trillion Economic Benefits in Pakistan in 2023: Report
Google’s AI-powered products and solutions helped provide Rs. 3.9 trillion of economic benefits for Pakistani businesses and households in 2023… Read More
IMF Staff to Visit Pakistan Next Week to Discuss Current Program Ahead of 2025 Review
Intentional Monetary Fund (IMF) staff, led by Nathan Porter, will travel to Pakistan between November 11-15 for a Staff Visit… Read More
Rupee Down 3rd Day in a Row Against US Dollar, Hurts Euro
The Pakistani rupee (PKR) posted losses third day in a row against the US Dollar (USD) today after opening trade… Read More
Rupee Falls 2nd Day in a Row Against US Dollar After Big SBP Decision
The Pakistani rupee (PKR) posted losses second day in a row against the US Dollar (USD) today after opening trade… Read More
IMF Impressed With Pakistan’s Recovery So Far
The International Monetary Fund (IMF) Resident Representative in Pakistan, Esther Perez Ruiz, said the latest reforms under the new Extended… Read More
