The Pakistani rupee (PKR) closed in red third day in a row against the US Dollar (USD) today after opening… Read More
6-Month KIBOR Down to 31-Month Low
The 6M Karachi Inter-Bank Offered Rate (KIBOR) is currently trading blows at 12.88 percent as of November 28, 2024, according… Read More
Rupee Takes Big Beating Against All Top Currencies After End of Protests
The Pakistani rupee (PKR) closed in red second day in a row against the US Dollar (USD) today after opening… Read More
Bank Loans for Buying Cars Down 10.7% in October 2024
Car financing increased by Rs. 8 billion by the end of October to Rs. 236 billion compared to Rs. 228… Read More
PSX Posts Highest Ever Single Day Gains in 5 Months
Bulls jolted the KSE-100 index up by over 3,300 points during the first hour of trade just a day after… Read More
Profit Repatriation Surges by 66% in First Four Months of FY25
The repatriation of profits and dividends from foreign investments in Pakistan increased to $807 million in July-October 2024-25, marking a… Read More
Rupee Ends 3-Day Win Streak Against Mighty US Dollar Amid Political Uncertainty
The Pakistani rupee (PKR) closed in red ending its 3-day winning streak against the US Dollar (USD) today after opening… Read More
Pakistan At Risk of Losing Billions in Road User Revenue Due to EV Adoption: ADB
Over 80 percent of road user revenues in Pakistan are from fuel-based revenues, involving an amount of $5.680 billion that… Read More
Pakistan Fails to Attract More Loans in 4 Months Due to IMF Delay
Foreign assistance inflows into Pakistan sharply declined by over 55 percent to $2.7 billion during July-October FY25 compared to $6.05… Read More
Citi Pharma Ltd Decides to Relocate Hospital
Citi Pharma Ltd (PSX: CPHL) has decided to relocate its hospital to a new location in Lahore. CPHL has decided… Read More
PKR Makes Big Gains Against Euro, Other Currencies To Begin Week
The Pakistani rupee (PKR) closed in green 3rd day in a row against the US Dollar (USD) today after opening… Read More
Pakistan Loses Rs. 190 Billion Daily Due to Govt’s Panic-Induced Lockdowns
Pakistan incurs a staggering economic loss of Rs. 190 billion on a daily basis due to lockdowns unnecessarily imposed by… Read More
