The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $24 million on a… Read More
Rupee Recovers Slightly Against US Dollar, Other Currencies After IMF News
The Pakistani rupee (PKR) posted gains against the US Dollar (USD) today after opening trade at 278 in the interbank… Read More
Profit Repatriation Up 188% in August 2024
The repatriation of profits and dividends from foreign investments in Pakistan increased to $135.6 million in August, marking a 188… Read More
Rupee in Red But Stays At 277 Against US Dollar Ahead of IMF Board Meeting
The Pakistani rupee (PKR) again posted losses against the US Dollar (USD) today after opening trade at 278 in the… Read More
Pakistan’s GDP to Grow by 2.8% in Current Fiscal Year: ADB
Pakistan’s gross domestic product (GDP) growth is projected to have recovered modestly to 2.4 percent in fiscal year 2024 and… Read More
Rupee Rebounds Against US Dollar, Crashes Below 371 Against British Pound
The Pakistani rupee (PKR) reversed yesterday’s losses against the US Dollar (USD) today after opening trade at 278 in the… Read More
Govt’s Development Projects to Cost 10 Times More Than Estimates
The Planning Commission has revealed that the total cost to complete 1,071 development projects across the country is over Rs.… Read More
Rupee Ends 8-Day Winning Streak Against US Dollar, Stays At 277
The Pakistani rupee (PKR) reversed its 8-day winning streak against the US Dollar (USD) today after opening trade at 278… Read More
Pakistani Bond Yields Drop to 2-Year Low As Market Expects Another SBP Rate Cut
Pakistani bond yields have declined to a 2-year low, with a 1-year bond now trading at 15.21 percent, a 3-year… Read More
FBR to Limit Cash Withdrawal and Plot Purchase for High-Income Tax Filers
The Federal Board of Revenue (FBR) is planning to bombard compliant taxpayers with new enforcement measures that will restrict them… Read More
Pakistan Imported Mobile Phones Worth $143.8 Million in First Two Months of FY25
The country imported mobile phones worth $143.889 million in the first two months (July-August) of the current fiscal year 2024-25,… Read More
Rupee Goes Up 8th Day in a Row Against US Dollar As Momentum Stays
The Pakistani rupee (PKR) gained more ground 8th day in a row against the US Dollar (USD) today after opening… Read More
