Pakistan’s petroleum sales witnessed a significant decline of 39 percent on a year-over-year (YoY) basis and stood at 1.11 million… Read More
Rupee Crashes Near All-Time Low Against US Dollar Ahead of SBP Policy Review
The Pakistani rupee (PKR) extended losses against the US Dollar and dropped further during intraday trade today. The Pakistani rupee… Read More
Mobilink Microfinance Bank Posts 31.7% Profit Growth in 2022
Mobilink Microfinance Bank Limited (MMBL) has announced its financial results for the year ended December 31st, 2022. The company posted… Read More
IMF Bailout Isn’t Enough: Here’s What Pakistan Needs to Do
The International Monetary Fund (IMF) program may be critical to restoring the confidence of friendly nations to assist Pakistan but… Read More
Inflation to Remain High and May Rise Further, Warns Finance Ministry
Inflation is expected to remain high, and may even rise further as Pakistan remains engulfed in a spiraling economic crunch.… Read More
Rupee Ends Week With Losses Against US Dollar, Euro, British Pound
The Pakistani rupee (PKR) reversed gains against the US Dollar and posted losses during intraday trade today. The Pakistani rupee… Read More
Nearly 75% of Pakistanis Are Losing Their Savings Due to Crushing Inflation
The high cost of living has severely harmed Pakistanis’ ability to save, with 73 percent complaining of a drop in… Read More
Rupee Rebounds Against US Dollar But Expected to Fall Again on Friday
The Pakistani rupee (PKR) reversed losses against the US Dollar and posted gains during intraday trade today. The Pakistani rupee… Read More
Finance Ministry is Deliberately Delaying Action Against Banks Manipulating Exchange Rates
Despite clear cases of charging ‘higher spreads,’ the Ministry of Finance has been sitting on the State Bank of Pakistan’s… Read More
Rupee Falls Against US Dollar Once Again As Politics, Uncertainty Stir Panic
The Pakistani rupee (PKR) reversed gains against the US Dollar and posted losses during intraday trade today. The Pakistani rupee… Read More
Govt Borrowing Skyrockets to Rs. 2.6 Trillion in 8 Months of FY23
Massive funding requirements increased government borrowing by 259 percent in the eight months of the current fiscal year, highlighting the… Read More
Rupee Reverses Losses Against US Dollar But Outlook Remains Grim
The Pakistani rupee (PKR) reversed losses against the US Dollar and posted gains during intraday trade today. The Pakistani rupee… Read More
