The Pakistani rupee reversed its two-day winning streak against the US Dollar after opening trade at 279 in the interbank… Read More
Weekly Inflation Nears 34% Due to Costly Vegetable and LPG, Petrol Prices
The Sensitive Price Index (SPI) for the week ended on March 7, 2024, increased by 1.11 percent due to increase… Read More
Pak Rupee Posts Big Gains Against US Dollar After IMF News
The Pakistani rupee gained higher ground second day in a row against the US Dollar after opening trade at 278… Read More
Shell Pakistan Posts Profit of Rs. 5.8 Billion in 2023
The Board of Directors of Shell Pakistan Limited (SPL) announced the company’s financial results for the year ended December 31st,… Read More
Pak Rupee Down 4th Day in a Row Against US Dollar As IMF Talks Near
The Pakistani rupee declined 4th day in a row against the US Dollar after opening trade at 281 in the… Read More
Banking Sector Deposits Near Rs. 28 Trillion in February 2024
Banking sector deposits have maintained their steady growth since the turn of the new year, posting a 22 percent year-on-year… Read More
Cement Sector Posts Record Profit Growth in Q2 FY24
Pakistan’s listed cement sector reported record earnings of Rs. 22.4 billion, up 8 percent YoY in 2QFY24. This earnings growth… Read More
Pakistan Likely to Start Talks With IMF Next Week for Final Loan Tranche
Pakistan will likely commence negotiations with the International Monetary Fund (IMF) next week over the third and final loan tranche… Read More
Pakistan’s Public Debt Up By Rs. 4 Trillion in 7 Months As Govt Borrowing Continues
The total public debt stock of the federal government increased by 17.8 percent on a year-on-year (YoY) basis in January… Read More
ADB Signs Agreement For Sanitation, Waste Management Project in Rawalpindi, Bahawalpur
The Asian Development Bank (ADB) and the United Nations Children’s Fund (UNICEF) Tuesday signed a Letter of Understanding (LOU) to… Read More
Rupee Falls 3rd Day in a Row Against US Dollar After Return of PM Shehbaz
The Pakistani rupee lost further ground against the US Dollar after opening trade at 280 in the interbank market. It… Read More
Number of Bank Accounts in Pakistan Cross 177 Million
Pakistan’s banking system, including commercial and microfinance banks, branchless banking sector, and Electronic Money Institutions, has an account base of… Read More
