After a gap of three months, the State Bank of Pakistan (SBP) again conducts a 63-day Open Market Operation (OMO)… Read More
Pakistan Default Risk Soars While Facing Foreign Debt Worth Billions
Pakistan is looking at a massive foreign debt of $6.4 billion that is due over the next three years, as… Read More
PSX Gains Over 980 Points After Govt Withdraws Fuel Subsidies
The Pakistan Stock Exchange (PSX) rallied in the week’s last trading session as the bulls took control over the market.… Read More
Rupee Surprisingly Holds Out Against US Dollar Despite Bad News from IMF
The Pakistani Rupee (PKR) continued to struggle against the US Dollar (USD) and posted losses in the interbank market today.… Read More
Countrywide Protests Costing Rs. 100-150 Billion a Day: Economists
The countrywide road blockades and supply chain disruptions amid the Pakistan Tehreek-e-Insaf (PTI)’s Azadi March have caused an estimated loss… Read More
New Hydel Profit Methodology to Raise Electricity Prices by Over 20%
The application of AGN Kazi Committee Methodology (KCM) for the calculation of Net Hydel Profit (NHP) will increase the generation… Read More
Islamic Banking More Profitable Than Conventional Banking in Pakistan: Report
Conventional banks in the country lag behind Islamic banks on various fronts mainly on the major indicator of profitability. According… Read More
Rupee Plunges Further Against US Dollar Despite Positive Saudi News
The Pakistani Rupee (PKR) shattered its previous record low against the US Dollar (USD) and posted losses in the interbank… Read More
Rupee Breaks Records Against US Dollar and Other Currencies Despite SBP Decision
The Pakistani Rupee (PKR) continued to slide against the US Dollar (USD) and posted losses in the interbank market today.… Read More
Rupee Starts Sliding Rapidly Again as GBP Hits Record High After Govt Postpones Subsidy Decision
The Pakistani Rupee (PKR) continued to fall against the US Dollar (USD) and posted losses in the interbank market today.… Read More
Import Ban and Taxes Will Decrease Pakistan’s Forex Reserves in Reality: WB Economist
Import bans are not the answer to balance of payments constraints, rather, they exacerbate the underlying problem, according to World… Read More
Rupee Falls Against US Dollar 11th Day in a Row Despite ‘Good News’
The Pakistani Rupee (PKR) struggled against the US Dollar (USD) and posted losses in the interbank market today. It depreciated… Read More
