The Pakistani rupee appreciated against the US Dollar after opening trade at 280 in the interbank market. It was stable… Read More
Pak Rupee Recovers Against US Dollar After China News
The Pakistani rupee appreciated against the US Dollar after opening trade at 282 in the interbank market. It was stable… Read More
Foreign Companies in Pakistan Sent 44x More Profit Abroad in January 2024
Foreign companies’ repatriation of profits and dividends rose to $694.3 million in seven months of the financial year 2023-24, up… Read More
World Bank Considers $72 Million Additional Financing for Sindh Barrages Project
The World Bank is considering to extend additional financing covers of around $72 million to bridge the financing gap in… Read More
These Are the Top 10 Most Profitable Banks in Pakistan
The banking sector demonstrated an outstanding performance in 2023, achieving remarkable milestones that surpassed previous records. One of the key… Read More
Pak Rupee Reverses Win Streak Against US Dollar
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
