The Pakistani rupee (PKR) reversed its 3-day losing streak against the US Dollar today after opening trade at 278 in… Read More
Survey Expects SBP to Cut Key Interest Rate By 200 BPS in June
The Monetary Policy Committee of the State Bank of Pakistan is scheduled to meet on June 10, 2024, to decide… Read More
Govt Planning Upcoming Budget At Rs. 295/$
The federal government has made the decision to base the upcoming fiscal year budget on an exchange rate of Rs.… Read More
Rupee Continues to Depreciate Against US Dollar 3rd Day in a Row
The Pakistani rupee (PKR) fell third day in a row against the US Dollar today after opening trade at 278… Read More
IMF Warns Pakistan’s Current Account Deficit Could Spike By $1.54 Billion Next Fiscal Year
The International Monetary Fund (IMF) has worked out Pakistan’s current account deficit (CAD) target of $4.55 billion for the new… Read More
Planning Ministry Demands Over Rs. 2.4 Trillion For PSDP Projects in New Budget
The Annual Plan Coordination Committee (APCC) will convene on May 31 (Friday) to approve the annual macroeconomic plan and development… Read More
Currency in Circulation Down By Rs. 212 Billion So Far in FY24
Cash holdings in Pakistan have declined by Rs. 212 billion in the financial year 2023-24 to date, according to the… Read More
Rupee Remains Under Pressure Against US Dollar, AUD, British Pound
The Pakistani rupee (PKR) lost further ground against the US Dollar today after opening trade at 278 in the interbank… Read More
Govt Sees Inflation Slowing Down to 12.5-13.5% in June
The Finance Division expects inflation to remain within the range of 13.5-14.5 percent for May 2024, with expectations of a… Read More
Islamic Banking Industry Assets Touch Rs. 9 Trillion in 2023
With consistent growth and expansion on all fronts, the Islamic Banking Industry (IBI) has surged to Rs. 9 trillion. According… Read More
Profit Repatriation Soars 250% in 10 Months of FY24
Foreign companies’ repatriation of profits and dividends rose to $887 million in the first 10 months of financial year 2023-24,… Read More
Around 94,000 Income Tax Refund Cases Pending With FBR
A total of 93,874 income tax refund applications are not processed by 25 Federal Board of Revenue (FBR) field formations,… Read More
