Discussions between Pakistan’s economic team and the International Monetary Fund (IMF) Mission this week will most likely end without a… Read More
OGRA Estimates New Gas Prices For Both Sui Companies in FY25
The Oil and Gas Regulatory Authority (OGRA) has announced the estimated revenue requirements and new gas prices for both Sui… Read More
Rupee Devalues Against US Dollar, Other Top Currencies Yet Again
The Pakistani rupee (PKR) started the new week with losses against the US Dollar today after opening trade at 278… Read More
Car Financing Declines 22nd Month in a Row
Car financing continued to fall 22 months in a row in the calendar year 2024, down 23.7 percent YoY to… Read More
Pakistan Records Highest-Ever Monthly IT Exports of $310 Million in April
Pakistan recorded monthly IT exports of $310 million, up 62 percent year-on-year (YoY) and 1 percent month-on-month (MoM) in April… Read More
Pakistan’s Short-Term Inflation Down to Lowest Level in Almost 2 Years
The Sensitive Price Index (SPI)-based inflation for the current week ended on May 16, 2024, decreased by 1.06 percent. The… Read More
Pakistan’s Real Effective Exchange Rate Hits 5-Year High
Pakistan’s Real Effective Exchange Rate (REER) increased by 0.4 percentage points to 104.5 in April 2024, according to data released… Read More
Rupee Suddenly Appreciates Against US Dollar, Other Currencies to End Week
The Pakistani rupee (PKR) ended the week with gains against the US Dollar today after opening trade at 278 in… Read More
Pakistan May Seek $15 Billion Energy Debt Restructuring from China
Pakistan has prepared a proposal to seek a restructuring of $15.4 billion Chinese energy debt to lower electricity prices in… Read More
Govt Recklessly Planning to Cut Power Tariff for Industry in Next Budget Amid IMF Talks
The federal government is drawing up a Rs. 100 billion relief package for the industrial sector in the upcoming fiscal… Read More
Rupee Depreciates Against US Dollar, Other Currencies 2nd Day in a Row
The Pakistani rupee (PKR) lost further ground against the US Dollar today after opening trade at 278 in the interbank… Read More
Petroleum Imports Decline By 1.5% in 10 Months
Petroleum group imports witnessed a negative growth of 1.53 percent during the first 10 months (July-April) of the current fiscal… Read More
