SBP’s New Foreign Currency Rules to Reverse the Negative Trend: Economist
The State Bank of Pakistan (SBP) has updated the regulations governing the selling of foreign exchange to individuals by exchange companies in order to curb
Packages Ltd-Led Consortium Interested in Taking Over Sanofi-Aventis Pakistan
Packages Limited will lead a consortium consisting of IGI Investment and Affiliates of Arshad Ali Gohar Group to acquire majority shares of 52.87 percent in
Rupee Holds Steady Against US Dollar, Gains Big Against Other Currencies
The Pakistani Rupee (PKR) finally held out against the US Dollar (USD) and reported no change against the greenback in the interbank market today. Withal,
Islamic Development Bank Approves $252.5 Million Funding for Pakistan
The Islamic Development Bank (IsDB) has approved $252.5 million of funding for two vital projects in Pakistan aimed to support the country’s green agenda in
Govt Shelves Plan to Exempt Import of Oxygen Tools from Duties
The federal government has put off the plan of exempting the import of oxygen gas, cylinders, and cryogenic tanks from taxes due to the lack
Current Account Deficit Surges to Record High in November 2021
Pakistan’s current account recorded the highest deficit of $1.91 billion during the current financial year 2021-22 in November 2021 according to the statistics released by