IMF Range: Dollar’s Interbank and Kerb Rates Breach 1.25% Margin in Past Five Days
For at least the last five working days, the International Monetary Fund (IMF) structural criterion for keeping the spread between...
Intraday Update: Rupee Shows Moderate Improvement Against US Dollar
During the first few hours of trading on Thursday, the Pakistani rupee gained 0.14% against the US dollar. At around...
Azerbaijan’s carrier launches flights from Baku to three major cities in Pakistan
The announcement by Azerbaijan's national carrier to launch regular flights to Pakistan is a huge relief for travelers. Azerbaijan Airlines,...
KSE-100 Faces Selling Pressure Amid Rising Inflation Concerns
The KSE-100 dropped on Wednesday as investors sold their holdings, concerned about the inflation forecast and caretaker ministry. The KSE-100...
Industrial Output Plummets by 10.26% in the Fiscal Year 2022-2023
According to official statistics, Pakistan's large-scale manufacturing (LSM) industry shrank by 10.26% in the fiscal year 2022-23, with almost all...
Intraday Update: Rupee Continues to Weaken Against US Dollar
During intraday trade on Wednesday, the Pakistani rupee depreciated 0.58% against the US dollar. At 11:20 a.m., the rupee was...
Caretaker Govt raises Petrol by Rs18, Diesel by Rs20 to Rs290.45 and Rs293.40 per litre
ISLAMABAD: The caretaker government has increased prices of petroleum products by up to Rs20 per litre for the next fortnight...
Plan to outsource Islamabad airport finalised
Islamabad International Airport's outsourcing plan has been finalised. According to the source, the airport will be outsourced for 15 years...
SBP governor says IMF deal bolstered forex reserves, external sector stability
The State Bank of Pakistan's Governor, Jameel Ahmad, stated on Monday that the nation's $3 billion Standby Arrangement (SBA) with...
Intraday update: Rupee Depreciates Against US Dollar
The Pakistani rupee fell against the US dollar during trading on Tuesday, losing 0.61%. At 11:35 a.m., the rupee was...