The Pakistan Stock Exchange (PSX) saw a frantic sell-off during the trading hours, with the benchmark KSE-100 index losing 1000… Read More
Oil Prices Cross $100 After Russia Declares War on Ukraine
Oil prices surpassed $100 for the first time in more than seven years on Thursday (today) after the President of… Read More
Cut-Off Yield on T-Bills Up by 23 BPS
The cut-off yields on Market Treasury Bills (MTBs) were up by 12-23 basis points (bps) in the auction of the… Read More
OGRA Hints at Another Hike in Petrol Prices Next Week
The Oil and Gas Regulatory Authority (OGRA) has hinted at rising petroleum products prices from March 1 linking it to… Read More
OGDCL Profit Surges 63.20% in 1HFY22
The Board of Directors of the Oil & Gas Development Company Limited (OGDCL) on Wednesday announced the financial results for… Read More
FBR Freezes Banks Accounts of SSGC Over Non-Payment of Taxes
The Federal Board of Revenue (FBR) through its Large Taxpayers Unit of Karachi has frozen all banks accounts of Sui… Read More
Rupee Gains Against US Dollar After Global Oil Prices Retreat
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
Pakistan to Pay a Huge Price for LNG Cargo From Qatar
Pakistan will procure expensive Liquefied Natural Gas at $25.12 per Million British Thermal Unit (MMBtu) from the spot market for… Read More
Pakistan Received $12 Billion External Loans in First 7 Months of FY22
The federal government has obtained $12 billion foreign debt to meet its external obligations including debt servicing during the first… Read More
LNG Industry Rebounded in 2021 Amid Supply Constraints, Volatile Prices: Report
The global trade in liquefied natural gas (LNG) increased 6 percent to 380 million tonnes during 2021 as many countries… Read More
Sukuk Proceeds and IMF Loan to Shore Up Pakistan’s Forex Reserves: Moody’s
The issuance of Sukuk by Pakistan, together with the $1 billion disbursements from the International Monetary Fund (IMF)’s Extended Fund… Read More
Rupee Plummets as Global Oil Prices Come Close to Highest Level in Years
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses in the interbank market today. It… Read More
