The value of the Pakistani rupee decreased somewhat against the US dollar in the interbank market and dropped by over…
Economy
In the interbank market, the Pakistani rupee continued to advance versus the US dollar, gaining roughly 0.2% in the first…
With cumulative inflows of US$7.7 billion during Jul-Sept FY23, the remittances decreased by 6.3 percent as compared to the same period last year.
ISLAMABAD: The international ratings entity, Moody’s Investors Service today downgraded the long-term deposit ratings of five leading Pakistani banks —…
Any deterioration in the current account and any delays in the issuance of $2 billion in bonds will be countered…
ISLAMABAD: To get major relief in foreign loan repayments, Pakistan is seeking rescheduling of bilateral debt, involving $27 billion. “Rescheduling…
The prime minister said that the production cost of the electricity will be around Rs3.5 per unit and it will be sold for Rs10.
ISLAMABAD: Federal Minister for Climate Change Senator Sherry Rehman said that the World Bank has estimated $40 billion losses to…