Askari Bank Limited (PSX: AKBL) reported a profit after tax of Rs. 6.6 billion (EPS: Rs. 4.54) for 1QCY26, down… Read More
Iranian Rial Gains Big Against US Dollar Despite War and Trump’s Sanctions
Iran’s Rial (IRR) has strengthened against the US dollar despite the ongoing war waged by the United States and Israel… Read More
Rupee Headed Towards 400 Against British Pound But Defeats US Dollar Again
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 148th consecutive day on Monday. Meanwhile,… Read More
Wartime Economy Forces SBP to Increase Interest Rate By 1%
The State Bank of Pakistan (SBP) has increased the policy rate by 100 basis points to 11.5 percent in today’s… Read More
Here’s Why Cement is So Expensive in Pakistan Despite Being Cheap to Make
The Competition Commission of Pakistan (CCP) has released a comprehensive sector study into problems faced by Pakistan’s cement industry and… Read More
These are the Top 10 Most Profitable Banks in Pakistan
The outgoing year proved to be an interesting one for the banking sector, which posted combined profits of Rs. 671… Read More
Pakistan Now Ranks Worst in South Asia for Petrol Prices Relative to Income
While fuel prices across South Asia remain almost similar in US dollar terms, Pakistan faces the most expensive fuel prices… Read More
Fauji Cement Posts Solid Profit Growth in 9 Months Despite 14% Quarterly Hit
Fauji Cement Company Limited (FCCL) announced its financial results for 9MFY26, posting a profit of Rs. 10.8 billion (EPS =… Read More
Pakistan Beats US, UK and Japan in Global Outsourcing Rankings
Pakistan has emerged as one of the world’s most competitive outsourcing destinations, ranking 16th globally in the Global Outsourcing Talent… Read More
Rupee Ends Week Strongly Against US Dollar Despite Negative Prediction
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 147th consecutive day on Friday. Meanwhile,… Read More
No Market Breakdown Seen Despite PSX Decline During US-Iran War: SECP
Pakistan’s capital market remained relatively stable in the third quarter of FY2025–26 despite strong global headwinds driven by geopolitical tensions,… Read More
Most Pakistanis Still See Rupee Falling Below 285/$ Despite Recent Rally
The Pakistani rupee is expected to remain under pressure in the coming months, with a majority of market participants forecasting… Read More
