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Sunday, November 17, 2024

News Desk

125 POSTS

Pakistan’s trade race with India and Bangladesh!

At the time when economy has begun to show the signs of stability including 18 percent decline in trade deficit for the month of...

UAE to invest $1 billion: bringing colors...

Despite of persistent economic and political uncertainty in the country to the extent that Pakistan might default, the United Arab Emirates (UAE) is planning...

Dollar flight: plane with 245 suitcases full...

The scarcity of dollars in Pakistan is causing a schism in the foreign-exchange market, with banks giving rates that differ from the interbank market.

Rupee hits a new low at 232...

During intra-day trading, the rupee was quoted at 232, down about 1.6 percent against the greenback at 1:50pm.

Petroleum prices likely to be reduced!

It is likely that the prices of petroleum products are going to be reduced because of significant drop in prices in international market

IMF program postponed!

The IMF program has been further postponed and the point of dispute is the improvement of anti-corruption regulations

Pak-China loan facility agreement signed

Chinese consortium of banks has also signed $2.3 billion loan agreement with Pakistan and inflow is expected within some days

Significant increase in car sales in May...

Pakistan Automobiles: Increase in car sales to 27000 units in May 2022