Bilal Ahmed
This is positive news for Pakistan’s economy as Moody’s Ratings has raised Pakistan’s local and foreign currency issuer and senior unsecured debt rating from Caa3 to Caa2. It is attributed to a gradually enhancing macroeconomic
pakistan
The Pakistani rupee has been losing value against the US dollar for the second month in a row due to a decrease in the inflow of US dollars. This means that Pakistan received fewer loans
Hussain
Pakistan's Caretaker Prime Minister, Anwaar-ul-Haq Kakar, has chosen someone special to assist with investment matters: Muhammad Tahir Javed. Javed is a businessman from Texas who has a big health business enterprise inside the United States.
Bilal Ahmed
The Islamic Republic of Pakistan’s power distribution companies (DISCOs) have demanded an additional increase of Rs 3.50 to Rs 6 per unit in consumer electricity bills. The National Electric Power Regulatory Authority (Nepra), which is
Shoaib Ansari
The benchmark KSE-100 index on the last day of week and month -- Thursday -- closed the week in green, gaining 1,651 points or 4.4 percent compared to the last week. “PSX breaks records with
Shoaib Ansari
The State Bank of Pakistan on Thursday said that it will not hold the scheduled monetary policy meeting in August given the meetings that have taken place in recent months. “Given the number of MPC
Shoaib Ansari
The dollar recorded stellar gains to reach the fiscal year high against the rupee as despite falling demand for the greenback in the interbank as well as the open market. On Tuesday, the dollar was
Shoaib Ansari
Pakistan’s large-scale manufacturing sector during the period between July to May 2019-20 declined by 10.32 per cent as the demand for the country’s goods in the local as well as international markets plummeted due to
Shoaib Ansari
Pakistan’s current account deficit in the fiscal year 2019-20 shrank by nearly 78 percent to $2.96 billion compared to $13.434bn in the corresponding fiscal year, data released by the State Bank of Pakistan showed on
Shoaib Ansari
Foreign direct investment into the country jumped by 45 percent in June to $174.8 million compared to May 2020 after recording declines for two consecutive months in the last quarter of fiscal year 2019-20, latest
