The Pakistani rupee (PKR) lost further ground against the US Dollar today after opening trade at 278 in the interbank… Read More
Pakistan Refinery Posts Whopping 123% Profit Growth for FY24
Pakistan Refinery Limited (PRL) has concluded the fiscal year 2023-24 with exceptional financial and operational performance, marking one of the… Read More
Engro Corp Profit Declines by 42% in First Half of 2024
Engro Corporation Limited (ENGRO) announced its 1HCY24 financial result with a consolidated profit after tax of Rs. 6.261 billion, depicting… Read More
Allied Bank Posts Highest Ever Quarterly Profit in Q2 2024
Allied Bank Limited (PSX: ABL) announced earnings today for 2QCY24 at Rs. 12.5 billion, depicting an uptick of 25 percent… Read More
Rupee Suddenly Ends 4-Day Winning Streak Against US Dollar
The Pakistani rupee (PKR) was bearish against the US Dollar today after opening trade at 278 in the interbank market.… Read More
Roshan Digital Account Inflows Decline to $161 Million in July
Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $161 million in July 2024, compared to $200… Read More
Govt Plans to Borrow Rs. 32 Trillion This Fiscal Year
The federal government has unveiled a bold plan to borrow Rs. 32 trillion during the fiscal year 2024-25 to finance… Read More
Rupee Up 4th Day in a Row Against US Dollar As Market Momentum Persists
The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market.… Read More
FBR Owes Rs. 85 Billion in Sales Tax Refunds to Exporters, SSGC
The financial burden of pending sales tax refunds to exporters and companies has climbed to Rs. 85 billion so far… Read More
IPPs Have Received Over Rs. 1.2 Trillion in Tax Relief While Power Consumers Suffer
Independent Power Producers (IPPs) in Pakistan have enjoyed substantial tax exemptions to the tune of Rs. 1.217 trillion from the… Read More
Rupee Continues to Recover Against US Dollar Despite Exclusion from IMF Agenda
The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market.… Read More
Foreign Direct Investment Up by 64% in July 2024
The net Foreign Direct Investment (FDI) in the country stood at $136 million in July 2024, up 64 percent over… Read More
