Pakistan’s current account posted a third consecutive monthly surplus of $349 million in October 2024 compared to a deficit of… Read More
PSX to Hit 127,000 Level By December 2025: Report
Fueled by economic stability and fiscal consolidation, the Pakistan Stock Market (PSX) is set to touch 127,000 by December 2025,… Read More
Rupee Appreciates 3rd Day in a Row Against US Dollar to End Big Week
The Pakistani rupee (PKR) posted gains 3rd day in a row against the US Dollar (USD) today after opening trade… Read More
Pakistan, IMF Talks to Conclude Today
The final round of policy talks between Pakistan and the International Monetary Fund (IMF) are taking place today, after which… Read More
Audit Exposes Irregularities Worth Rs. 600 Million in Establishment Division
The Auditor General of Pakistan (AGP) raised audit observations amounting to Rs. 599.93 million in the Establishment Division on account… Read More
Pakistan Faces Tight Fiscal Situation: IMF
Pakistan faces a tight fiscal situation, says the International Monetary Fund (IMF). The Fund in its latest Technical Assistance Report… Read More
IHC Grants Temporary Relief to Banks With Poor Lending Record Against Govt Tax
The Islamabad High Court has granted temporary relief to around 12 banks against a government-imposed tax tied to private-sector lending,… Read More
Silkbank Losses Jump 87% to Rs. 12.3 Billion in 2021
Silkbank Limited (PSX: SILK) has finally announced its financial results for the year ended December 31, 2021, whereby the bank… Read More
Rupee Surges 2nd Day in a Row Against US Dollar, Other Big Currencies
The Pakistani rupee (PKR) posted gains 2nd day in a row against the US Dollar (USD) today after opening trade… Read More
Rupee Makes Huge Leap Against British Pound, Other Currencies
The Pakistani rupee (PKR) posted losses 2nd day in a row against the US Dollar (USD) today after opening trade… Read More
Rupee Nears 278 Against US Dollar After 2nd Consecutive Decline
The Pakistani rupee (PKR) posted losses 2nd day in a row against the US Dollar (USD) today after opening trade… Read More
Govt to Spend Rs. 163 Billion on Adding Surplus LNG Stock to National Gas Pipeline
The federal government has decided to spend Rs. 163 billion to redirect imported liquefied natural gas (LNG) from the power… Read More
