The number of Roshan Digital Account (RDA) holders has reached 500,000, according to the State Bank of Pakistan’s (SBP). “Thanks… Read More
Rupee Slides 5th Day in a Row Against US Dollar Despite SBP Governor’s Assurances
The Pakistani Rupee (PKR) dipped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
JP Morgan Expects SBP to Raise Policy Rate to All-Time High
The State Bank of Pakistan (SBP) is expected to raise the policy rate by another 400 basis points from 16… Read More
KP Faces Rs. 155 billion Shortfall As Federal Govt Blocks Funds
Finance Minister of Khyber Pakhtunkhwa, Taimur Saleem Jhagra has said the provincial government would be facing a shortfall of Rs.… Read More
Forex Reserves to Increase in 2nd Half of FY23: SBP Governor
State Bank of Pakistan (SBP) Governor Jameel Ahmad has said that all debt repayments are on track and the country’s… Read More
Roshan Digital Account Inflows Drop for Fifth Straight Month in November
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at a total of $5.4 billion by the end… Read More
US Dollar Rises Higher 4th Day in a Row Against PKR As ‘Debt Trap’ Worries Investors
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Pakistan Inches Closer to Huge UAE Oil Import Deal
Pakistan has moved one step closer to clinching an important oil import deal with the United Arab Emirates. The government… Read More
Rupee Loses Further Against US Dollar As Business Crisis Worsens
The Pakistani Rupee (PKR) fell further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Business Confidence Takes Shocking Dip in Latest OICCI Survey
Pakistan’s business confidence index dropped into the red zone with services and retail sectors suffering the brunt of it. Overseas… Read More
Pakistan’s Domestic Debt to Reach Record High of Rs. 55 Trillion in Early 2023
With domestic debt already hitting historic levels of above Rs. 50 trillion as of October 2022, the government plans on… Read More
Govt Cuts Overseas MS/Ph.D. Scholarships By 57.3%
The government has imposed a drastic cut of 57.3 percent (from 2,000 to 854) on the award of MS/Ph.D. overseas… Read More
