The Pakistani rupee was stable against the US Dollar today after opening trade at 280 in the interbank market. It… Read More
Pakistan’s Imports From Iran Increase by 25% in January
Pakistan’s imports from Iran have surged despite recent tension between the two countries. Pakistan’s imports from Iran increased to $104.2… Read More
Hub Power Company Posts 44% Profit Growth in First Half of FY24
The Hub Power Company Limited (HUBC) announced its 2QFY24 financial result today where the company posted a profit after tax… Read More
Pak Rupee Recovers Slightly Against US Dollar
The Pakistani rupee recovered slightly against the US Dollar today after opening trade at 281 in the interbank market. It… Read More
Allied Bank Posts Highest Ever Annual Profit of Rs. 41.3 Billion in 2023
ABL announced earnings (PAT) today for the calendar year 2023 at Rs. 41.3 billion, depicting an increase of 94 percent… Read More
Pakistan’s Public Debt Jumps Over Rs. 65 Trillion
The total public debt stock of the federal government increased by 27 percent on a year-on-year (YoY) basis in December… Read More
Rupee Falls Against Major Currencies After Delay in Election Results Rattles Market
The Pakistani rupee fell slightly against the US Dollar today after opening trade at 280 in the interbank market. It… Read More
Remittances Increase By 26% to $2.4 Billion in First Month of 2024
Remittances sent by overseas Pakistanis increased by 26 percent year-on-year (YoY) to $2.397 billion in January 2024 compared to inflows… Read More
Bloodbath At PSX As KSE-100 Falls by Nearly 2,300 Points After Election Turmoil
Bears wrecked the Pakistan Stock Exchange (PSX) today as the benchmark KSE-100 index lost over 2,200 points in intraday trade… Read More
Rupee Rises Slightly Against US Dollar to End Election Week
The Pakistani rupee gained slightly against the US Dollar today after opening trade at 280 in the interbank market. It… Read More
Pakistan’s Dollar Bonds Crash Following Election Results
Pakistan’s sovereign bonds have fallen by up to 5 percent in the past 24 hours, with investors taken aback by… Read More
AGP Questions Earnings of Officers Serving As Board Members in 60 State-Owned Entities
The Auditor General of Pakistan has inquired about the true sources of income and tax contributions of Ministry of Finance… Read More
