EconomyPakistan
US dollar hits a new historic high against Pakistani Rupee
*KARACHI: The rupee’s downward trend against the US dollar in the interbankmarket continued on Monday as the greenback gained Rs0.61...
EconomyPakistan
State Bank of Pakistan significantly raises interest rates
KARACHI – The State Bank of Pakistan (SBP) has increased the interest rateby 150 basis points to 13.75 percent for...
EconomyPakistan
Pakistan Stock Exchange falls further over political and economic uncertainty
*KARACHI: Amid uncertainty over a deal with IMF and the announcement ofmonetary policy, the Pakistan Stock Exchange (PSX) on Monday...
EconomyPakistan
Inflation further rises in Pakistan in last one week alone, crosses all previous limits
*Islamabad: The economic and political instability in the country hascaused a further rise of 1.42% in inflation in the last...
EconomyPakistan
Federal Government to increase electricity prices by Rs 4 per unit
*ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) hasbeen asked to increase electricity prices in the country by Rs4.05 perunit....
EconomyPakistan
Fuel shortage: Electricity crises in Pakistan worsens further
*LAHORE: The electricity shortfall in the country has reached beyond 6,500megawatts (MW) after sources in the power division blamed it...
EconomyPakistan
US dollar hits new historic high against Pakistani Rupee in interbank market
*KARACHI: The Pakistani rupee slumped to a new historic low against USdollar in the interbank market on Thursday as the...
EconomyPakistan
PMLN government to imposes massive taxes worth billions in new budget
*ISLAMABAD: Taxes on mobile phones and vehicles above 1000cc are going tobe doubled as the federal government has planned to...
EconomyPakistan
State Bank of Pakistan issued new advisory cum warning over offshore forex
*The State Bank of Pakistan (SBP) issued an advisory against offshoreforeign exchange trading websites, mobile applications and platforms suchas OctaFX,...