The Pakistani rupee (PKR) closed in green ending its 4-day losing streak against the US Dollar (USD) today after opening… Read More
Foreign Direct Investment in Pakistan Down 33% in December 2024
The net Foreign Direct Investment (FDI) in the country stood at $170 million in December 2024, down 33 percent over… Read More
Pakistan Records Highest-Ever Monthly IT Exports in December 2024 Despite Internet Issues
Pakistan recorded the highest-ever monthly IT exports of US$ 348 million, up by 15 percent YoY while also up by… Read More
Pakistan’s Real Effective Exchange Rate Hits 8-Month High in December 2024
Pakistan’s Real Effective Exchange Rate (REER) clocked in at 103.7 in December 2024, according to latest data issued by the… Read More
Pakistan’s Current Account Posts 3rd Consecutive Surplus in December 2024
Pakistan recorded a monthly surplus of US$ 582 million in December 2024. December 2024 was the 3rd consecutive month of… Read More
World Bank Upgrades Pakistan’s Growth Forecast to 2.8% for FY25
The World Bank has revised Pakistan’s economic growth forecast to 2.8 percent in the fiscal year 2024-25 and 3.2 percent… Read More
Rupee Extends Losing Streak to 4 Against US Dollar After Yet Another Decline
The Pakistani rupee (PKR) closed in red 4th day in a row against the US Dollar (USD) today after opening… Read More
Senate Panel Criticizes Lack of Progress on Foreign-Funded Development Projects
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
