The Sensitive Price Indicator (SPI) based inflation for the week ended March 2, 2023, recorded a decrease of 0.30 percent… Read More
Rupee Sharply Recovers Against US Dollar, British Pound, Euro to End the Week
The Pakistani rupee (PKR) reversed yesterday’s substantial losses against the US Dollar during intraday trade today. The Pakistani rupee was… Read More
Ability of Women to Register Business in Pakistan Remains Restricted: World Bank
Pakistan lifted restrictions on women’s ability to work at night, but did not convert into law a decree that would… Read More
Cotton Production Declines by 34% in February
Pakistan’s cotton output decreased by over 34 percent year-on-year (YoY), according to the latest fortnightly data released by the Pakistan… Read More
SSGC Seeks Tariff Increase of Rs. 392 Per MMBTU for FY24
The Sui Southern Gas Company Limited (SSGC) has sought an increase of Rs. 392 per million British thermal units (MMBTU)… Read More
SBP Reserves Rise for 3rd Consecutive Week
The foreign exchange reserves held by the central bank registered their third consecutive weekly increase, according to data released by… Read More
Pakistan’s Imports Under Saudi Oil Facility Near $0.7 Billion in 7 Months of FY23
Pakistan imported petroleum products worth $690.11 million on a deferred payment basis under the Saudi oil facility during the first… Read More
Gold Prices Again Cross Rs. 200,000 Thanks to Rupee Crash
Gold prices in Pakistan surged massively on Thursday after the Pakistani Rupee plummeted by Rs. 19 against to a new… Read More
Bond Holders Expect Pakistan to Default on $7 Billion Debt Amid IMF Deadlock
Bondholders are bracing for a possible default by Pakistan, which is struggling to meet billions of dollars in debt repayments… Read More
SBP Announces Huge Increase in Interest Rate After Emergency Meeting
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Thursday raised the policy rate by 300 basis points… Read More
Pakistan Received $6.13 Billion Foreign Loans in 7 Months of FY23
The government has borrowed $6.134 billion from multiple financing sources during the first seven months (July-January) of 2022-23 compared to… Read More
Govt to Borrow Via Instruments Other Than Sukuks, NPCs As Money Problems Persist
The government has decided to re-pledge assets approved by the cabinet for Sukuks and Investment in Islamic Naya Pakistan Certificates… Read More
