Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $165 million in August 2024, compared to $161… Read More
IT Exports Surge by 27% YoY in August 2024
Pakistan recorded monthly IT exports of US$ 298 million, up by 27 percent YoY and by 4 percent MoM in… Read More
Rupee Rises 6th Day in a Row Against US Dollar As It Nears 277
The Pakistani rupee (PKR) rose 6th day in a row against the US Dollar (USD) today after opening trade at… Read More
Pakistan’s Cash in Circulation Rises By Rs. 212 Billion in Just A Week
Cash holdings in Pakistan have recorded a substantial increase of Rs. 212.7 billion in the week that ended on September… Read More
Govt Calls for Action Against Corrupt FBR Officers Discouraging Foreign Investment
The Establishment Division has directed the Chairman Federal Board of Revenue (FBR) to take action against irregularity, corrupt practices and… Read More
ADB Pledges $8 Billion in Loans to Pakistan Over Four Years
The Asian Development Bank (ADB) has pledged $2 billion in annual loans to Pakistan, beginning in 2024, with half of… Read More
SECP to Boost Islamic Finance With New Capital and Dispute Resolution Mechanisms
The Securities and Exchange Commission of Pakistan (SECP) will introduce the concept of Tier-I and Tier-II capital for all non-bank… Read More
DG Khan Cement Posts Rs. 542 Million Profit for FY24
D.G. Khan Cement Company Limited (DGKC) announced its financial result for FY24 today, posting a profit of Rs. 542 million… Read More
Pak Rupee Posts Small Gains 5th Day in a Row Against US Dollar
The Pakistani rupee (PKR) rose 5th day in a row against the US Dollar (USD) today after opening trade at… Read More
Audit Urges Unified Refund Platform as FBR’s STARR Lags Behind FASTER in Efficiency
The Federal Board of Revenue’s (FBR) “FASTER” refund payment system took eight to 19 days to process refunds whereas the… Read More
Rupee Up 4th Day in a Row Against US Dollar After IMF News
The Pakistani rupee (PKR) rose 4th day in a row against the US Dollar (USD) today after opening trade at… Read More
Rupee Maintains Positive Momentum Against US Dollar 3rd Day in a Row
The Pakistani rupee (PKR) rose third day in a row against the US Dollar (USD) today after opening trade at… Read More
