According to experts, the surging dollar has shattered the confidence of rupee-based economy and its stakeholders.
The gloomy macros will continue to put pressure on the local unit, they said.
Meanwhile, the State Bank of Pakistan’s (SBP) foreign exchange reserves fell by $328 million to $10.558 billion during the week that ended on April 23, data released by the central bank showed.
Former president of the SAARC Chamber of Commerce and Industry, Iftikhar Ali Malik, stated on Tuesday that Pakistan could comfortably...
The federal government on Monday increased the price of petrol by Rs9.99 per litre and high-speed diesel (HSD) by Rs6.18...
Pakistani and Chinese business firms have signed an agreement to promote cooperation in the leather industry. The Special Investment Facilitation...
Pakistan has agreed to impose a tax on agricultural income during discussions with the International Monetary Fund (IMF). IMF officials...
President Asif Ali Zardari has emphasized the need for a holistic approach and prudent financial policies to steer Pakistan towards...
A fire that broke out at the Pakistan Stock Exchange (PSX) building in Karachi on Monday has been brought under...
