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Monthly Archives: September 2021

Rupee Set to Break All-Time Record Against the US Dollar

Continuing with its declining dynamism, the Pakistani Rupee (PKR) lost 35 paisas against the US Dollar (USD) on Thursday to close at 169.03.The currency depreciated by 16 paisas against the USD and closed at 168.68 on September 22. It is nearing the al...

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ECC Approves Kamyab Pakistan Program

The Economic Coordination Committee (ECC) of the cabinet has approved different important summaries, including the summary of Kamyab Pakistan Program (KPP), which is deemed to be the most ambitious micro-credit program ever planned in Pakistan.The ECC ...

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K-Electric Requests NEPRA to Raise Electricity Prices

Karachi’s power distribution company, K-Electric (KE), has requested the National Electric Power Regulatory Authority (NEPRA) to increase the price of electricity by Rs. 0.97 per unit for the month of August.A notification revealed that KE has sought R...

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SBP Revises Prudential Regulations For Consumer Financing

The State Bank of Pakistan (SBP) has revised Prudential Regulations (PRs) for Consumer Financing. This targeted step will help moderate the demand growth in the economy, leading to a slower import growth and thus supporting the balance of payments.The ...

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