Despite the rupee saw its largest single-day drop against the dollar on Tuesday, experts say the Pakistan Rupee (PKR) is… Read More
PSX Crashes Amid IMF Report, Forex Reserves’ Decline
Pakistan Stock Exchange (PSX) on Friday crashed and shed 860.77 points or 2.15 per cent amid investors’ concerns over International… Read More
Pakistan Makes it Harder to Get Dollars as Reserves Fall
The importers will need to fill a form and inform SBP in advance about the requirement of US dollars.… Read More
Pakistan Secures $1 Billion SAFE Deposit Deal With China
Pakistan and China have finalized a $1 billion SAFE deposit deal.… Read More
Pakistan’s External Debt Balloons to $91.8 Billion
SBP says that Pakistan’s total external debt and liabilities have reached $91.8 Billion as of March 2018.… Read More
Pakistan Has the Fastest Depleting Dollar Reserves in Asia
Pakistan’s foreign reserves may drop below Cambodia’s in the upcoming months, Bloomberg reports.… Read More
Pakistan Among Top 10 Internet Economies in the World
Around 16 million Pakistani citizens, who didn’t use the internet before, went online for the first time between 2012-2015. This… Read More
The State Bank Is Underestimating the Threat To Pakistan’s Economy: Brokerage House
This Monday, a local brokerage house pointed out that the State Bank of Pakistan (SBP) underestimates the threats faced by… Read More
Pakistan’s Middle Class the Key Driver as the World Takes Notice
The past decade has been instrumental in bringing back stability in Pakistan, both in economic as well as in democratic… Read More
Shocking Reality: 38% of Pakistan’s Budget is Spent on Interest Payments
Whether you run a large business, a small business or are responsible for your own family budget, I am sure… Read More
DebtClock: Every Pakistani is Over Rs. 115k in Debt, Thanks to Government!
Irrespective of which political party holds power, the national debt remains a crucial talking point when it comes to Pakistan.… Read More
Government Lied about GDP Growth in Budget 2016-17: Think Tank
An independent think tank has claimed that Pakistan’s economy grew by 3.1% and not 4.7% as Finance Minister Ishaq Dar… Read More