Engro Polymer & Chemicals (EPCL) announced its 2Q2024 result today, where the company recorded a consolidated loss of Rs. 688… Read More
Rupee Stable Against US Dollar, Crashes Against Euro
The Pakistani rupee (PKR) was stable against the US Dollar today after opening trade at 278 in the interbank market.… Read More
FBR Officers Spend Rs. 212 Million on Petrol, Car Repairs Without Permission
The Auditor General of Pakistan’s audit objections of FBR for 2021-22 and 2022-23 revealed that the amount spent on petroleum… Read More
World Bank Rates Progress on Pakistan’s $400 Million Revenue Project
The Disbursement Linked Indicators (DLIs) regarding reduction in withholding tax (WHT) lines and implementation of track and trace system are… Read More
Pak Rupee Posts Small Losses 2nd Day in a Row Against US Dollar
The Pakistani rupee (PKR) slid second day in a row against the US Dollar today after opening trade at 278… Read More
Vehicle Sales Fall by 36% in July 2024 Amid Post-Tax Decline
Pakistan’s automobile sector witnessed a sharp decline in car sales for July 2024, with a 36% month-over-month (MoM) drop, largely… Read More
Rupee Holds Its Own At 278 Against Dollar Despite Small Losses
The Pakistani rupee (PKR) opened the new week with losses against the US Dollar today after opening trade at 278… Read More
Rupee Ends Week With Small Recovery Against US Dollar, Other Currencies
The Pakistani rupee (PKR) gained some ground second day in a row against the US Dollar today after opening trade… Read More
Meezan Bank Posts Highest-Ever Quarterly Profit of Rs. 26.7 Billion in 2Q 2024
Meezan Bank Limited (PSX: MEBL) has announced its 2QCY24 result today, where the bank recorded earnings of Rs. 26.7 billion,… Read More
Rupee Suddenly Halts Losing Streak Against US Dollar
The Pakistani rupee (PKR) reversed losses against the US Dollar today after opening trade at 278 in the interbank market.… Read More
6-Month KIBOR Drops to Lowest Level in 17 Months
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, fell by 37 basis points… Read More
Pakistani Rupee Falls Third Day in a Row Against US Dollar
The Pakistani rupee (PKR) fell 3rd day in a row against the US Dollar today after opening trade at 278… Read More
