The Pakistani rupee depreciated against the US Dollar today after opening trade at 281 in the interbank market. It was… Read More
Pakistan’s Rating Will Likely Be Upgraded If Liquidity, External Risks Subside: Moody’s
Pakistan’s rating would likely be upgraded if government liquidity and external vulnerability risks decreased materially and durably, according to Moody’s… Read More
Banking Sector Deposits Increase to Rs. 27.5 Trillion in January 2024
Banking sector deposits continue to show solid growth in the first month of calendar year 2024. According to the State… Read More
PIA Owes Rs. 18.8 Billion in Air Navigation Dues
Out of the total aeronautical outstanding for Rs. 19.135 billion for the fiscal year 2022-23, Rs. 18.828 billion (98%) pertains… Read More
Nestle’ Pakistan Posts 9.5% Profit Growth in 2023
Nestlé Pakistan ended the year on a positive note with a profit after tax of Rs. 16.5 billion, up 9.5… Read More
US Dollar Vanishes From Open Market After Pak Rupee’s Gain
The Pakistani rupee started the week with gains against the US Dollar today after opening trade at 280 in the… Read More
Pakistan Petroleum Profit Grows by 41% in First Half of FY24
Pakistan Petroleum Limited (PPL) has announced a profit after tax of Rs. 68.7 billion during 1HFY24 compared to Rs. 48.9… Read More
Engro Corp Posts Record Profit of Rs. 66 Billion in 2023
Engro Corporation Limited (PSX: ENGRO) announced its highest-ever consolidated profit after tax of Rs. 66 billion during the calendar year… Read More
Weekly Inflation Records Slight Increase
The Sensitive Price Index (SPI) for the week ended on 22nd February 2024 increased by 0.04 percent due to increase… Read More
Standard Chartered Pakistan Posts Record Profit of Rs. 42.6 Billion in 2023
Standard Chartered Bank (Pakistan) Limited, the country’s largest and oldest International bank announced its Annual Results for 2023 today. The… Read More
HBL Posts Its Highest Ever Annual Profit of Rs. 57.8 Billion in 2023
HBL today declared a record profit after tax of Rs. 57.8 billion for the year ended December 31, 2023, a… Read More
Pak Rupee Ends Week With Losses Against US Dollar After IMF News
The Pakistani rupee ended the week with losses against the US Dollar today after opening trade at 279 in the… Read More
