The Competition Commission of Pakistan (CCP) has successfully recovered Rs. 27 million in penalties from Reliance Paints and Pakistan Steel… Read More
Rupee Recovers Some Ground Against US Dollar, Other Currencies
The Pakistani rupee (PKR) recovered against the US Dollar (USD) today after opening trade at 278 in the interbank market.… Read More
Rupee Begins Week With Losses Against US Dollar As Expected
The Pakistani rupee (PKR) reversed its 2-day winning streak against the US Dollar (USD) today after opening trade at 278… Read More
Cement Sales Down 12th Month in a Row
The unprecedented and extremely high tax measures leading to a huge increase in cement prices have led to a steep… Read More
Rupee Suddenly Recovers Against US Dollar As Market Cools Off
The Pakistani rupee (PKR) reversed its 3-day losing streak against the US Dollar (USD) today after opening trade at 278… Read More
Audit Detects Abnormal Increase in Afghan Transit Trade Cargo in FY23
The Auditor General of Pakistan (AGP) detected an abnormal increase of 69 percent in Afghan transit trade cargo during 2022-23… Read More
Mid-Week Blues: Pakistani Rupee Depreciates 3rd Day in a Row Against US Dollar
The Pakistani rupee (PKR) lost further ground against the US Dollar third day in a row today after opening trade… Read More
Audit Exposes Over Rs. 20 Million in Unauthorized Payments to USF Employees
The Auditor General of Pakistan has uncovered irregularities involving the payment of Rs. 20.654 million to employees of the Universal… Read More
CDWP Approves Rs. 53 Billion Cancer Hospital Without Feasibility Study
The Central Development Working Party (CDWP) has approved 8 development projects worth of Rs. 144.3 billion during its meeting chaired… Read More
Rupee Loses Five Paisas Against US Dollar As It Nears 279
The Pakistani rupee (PKR) lost further ground against the US Dollar today after opening trade at 278 in the interbank… Read More
Petroleum Sales Down 14% in August 2024
Pakistan’s Oil Marketing Companies (OMCs) sales reached 1.21 million tons in August 2024. This represents a 14 percent YoY decrease,… Read More
These 5 Major Challenges Are Still Hurting Pakistan’s Economy
The Finance Ministry said Pakistan continues to face five major and persistent economic challenges, including fuel prices, poverty, and inflation.… Read More
