The profitability of the KSE-100 index in January-March of the financial year 2021-22 has increased by 155 percent in just… Read More
Rupee Recovers Against US Dollar Despite Sudden SBP Reserves Drop
The Pakistani Rupee (PKR) recovered against the US Dollar (USD) and reported gains in the interbank market today. The local… Read More
NBP Overtakes UBL and HBL to Become Pakistan’s Most Profitable Bank
The Board of Directors of the National Bank of Pakistan (NBP) met to review the financial performance of the Bank… Read More
Italy to Become $1 Billion Export Market for Pakistan this Year
Pakistan`s Ambassador to Italy, Jauhar Saleem has said that Italy is set to become a $1 billion export market for… Read More
Pakistan’s Forex Reserves Plummet by $377 Million
Pakistan’s liquid foreign reserves witnessed an outflow of $377 million in the week that ended on April 23, 2022, depicting… Read More
Govt Raises Rs. 376 Billion Through Pakistan Investment Bonds
The government on Thursday raised Rs. 376 billion through the auction of fixed-rate Pakistan Investment Bonds (PIBs) against an auction… Read More
FTO Orders FBR to Constitute High-Power Committee For Refund Scam
The Federal Tax Ombudsman (FTO), while deciding on an Own Motion investigation on April 28, 2022, has directed FBR to… Read More
PSO Posts Record-Breaking Profits For 9 Months of FY22
Pakistan’s premier energy marketing company, Pakistan State Oil Co. Ltd. (PSO) continues to dominate the energy market, reporting the highest-ever… Read More
Rupee Falls Sharply Against US Dollar After Bad News from IMF
The Pakistani Rupee (PKR) reversed its momentum against the US Dollar (USD) and reported losses in the interbank market today.… Read More
Standard Chartered Posts Rs. 7.1 Billion Profit in Q1 2022
Standard Chartered Bank Pakistan Limited (SCBPL) delivered a record performance in the first quarter of 2022, leading to profit growth… Read More
IMF Downgrades Growth Rate Projection for Pakistan
Pakistan’s GDP growth is projected to moderate from 5.6 percent in 2021 to 4 percent in 2022, says the International… Read More
Cut-Off Yield on T-Bills Up by 129 BPS
The cut-off yields on Treasury Bills (T-Bills) were up by 96-129 basis points (bps) in the auction of the paper… Read More
