The Senate Standing Committee on Economic Affairs on Thursday criticized the lack of progress on some of the development projects… Read More
Pakistan Banks Are Likely to See a Decline in Profits
The banking sector is likely to post an earnings decline of 10 percent YoY and 24 percent QoQ in 4Q2024,… Read More
Rupee Ends Day in Losses 3rd Day in a Row Despite World Bank News
The Pakistani rupee (PKR) closed in red 3rd day in a row against the US Dollar (USD) today after opening… Read More
Rupee Slips 2nd Day in a Row Against US Dollar As it Nears 279
The Pakistani rupee (PKR) closed in red 2nd day in a row against the US Dollar (USD) today after opening… Read More
Rupee Makes Giant Leap Against British Pound But Not Against US Dollar
The Pakistani rupee (PKR) closed in red ending its 2-day winning streak against the US Dollar (USD) today after opening… Read More
6-Month KIBOR Down to Roughly 3-Year Low As Inflation Rate Slows
Pakistan’s benchmark interest rate is currently trading blows at 11.89 percent as of January 10, 2025, according to latest data… Read More
Rupee Ends Week With Small Gains Against US Dollar 2nd Day in a Row Today
The Pakistani rupee (PKR) closed in green second day in a row against the US Dollar (USD) today after opening… Read More
SBP Likely to Cut Key Interest Rate 6th Consecutive Time This Month
The State Bank of Pakistan (SBP) is expected to cut the monetary policy rate this month after 5 consecutive cuts… Read More
ADB Upgrades Pakistan’s Growth Forecast for FY25
The Asian Development Bank (ADB), in its recent publication, has revised upwards Pakistan’s growth forecast to 3.0% during the fiscal… Read More
Rupee Gains Whopping Rs. 6 Against British Pound As Market Closes in Green
The Pakistani rupee (PKR) closed in green ending its 3-day losing streak against the US Dollar (USD) today after opening… Read More
Corporate Sector Paid Highest Rs. 3 Trillion Income Tax in FY24
The Federal Board of Revenue (FBR) has disclosed that the corporate sector contributed Rs 3.061 trillion in income tax during… Read More
Rupee Falls 3rd Consecutive Day Against US Dollar After ‘Terror Threat’ to PSX
The Pakistani rupee (PKR) closed in red 3rd day in a row against the US Dollar (USD) today after opening… Read More
