The Finance Division has revised up the rates of return for Pakistan Rupee-denominated and other currency-sponsored Islamic Naya Pakistan Certificates… Read More
Here’s How Afghan Currency Became a Top Performer While Rupee Became the Worst
Foreign currency outflows are worsening the economic crisis in Pakistan as millions of US Dollars are smuggled into Afghanistan from… Read More
Rupee Falls Once Again As IMF Uncertainty, Politics Stir Panic in Markets
The Pakistani rupee (PKR) reversed gains against the dollar during interbank trade on Tuesday, initially dropping as low as 276.975… Read More
Pakistan Railways Earned Over Rs. 28 Billion in First 6 Months of FY23
Pakistan Railways earned revenue of Rs. 28.263 billion during the first half of the current fiscal year (July-December) compared to… Read More
IMF Will Only Approve Loan if Pakistan Agrees to 50% Increase in Electricity Bills
Talks between Pakistan and the International Monetary Fund (IMF) are set to end in three days, with the lender demanding… Read More
PBC Shoots Down Govt’s Forecast for Current Account Surplus and Remittances
The Pakistan Business Council (PBC) has strongly rebuffed the coalition government’s “unrealistic” claim that its trade balance and remittances would… Read More
Local Phone Industry Earned $300 Million and Created 50,000 Jobs in Last 2 Years
Local mobile manufacturing/assembling has generated around $300 million investment and 50,000 employees during the last two years i.e. since January… Read More
Experts Urge Govt to Increase Tax on Tobacco Products by 70%
Experts at a webinar called upon the government to increase tax on tobacco products by 70 percent of their retail… Read More
Rupee Makes Sharp Recovery Against US Dollar After Devastating Losses Last Week
The Pakistani rupee (PKR) reversed losses against the dollar during interbank trade on Monday, initially dropping as low as 277… Read More
Is Pakistan’s Economic Collapse Imminent?
Pakistan last week suffered a nationwide power outage following a breakdown in its national grid, which left millions of people… Read More
Gold Prices in Pakistan Increase Once Again After Slight Dip
Gold prices in Pakistan gained further today (Friday) after the Pakistani Rupee fell to a new all-time low against the… Read More
Pakistan’s Cement Sales Plunge 19% in First 7 Months of FY23
Pakistan’s cement offtake declined by 19 percent year-on-year (YoY) in the first 7 months of the financial year 2022-23 as… Read More
