The Real Effective Exchange Rate Index (REER) for the Pakistani Rupee (PKR) decreased by 1.32% in August 2024, reaching a provisional value of 100.16 compared
Pakistan has reported a current account surplus of $75 million, according to the latest data from the State Bank of Pakistan (SBP). This marks a
The Asian Development Bank (ADB) will extend an annual assistance package of $2 billion to Pakistan over the next three years, ADB President Masatsugu Asakawa
Following FTSE Russell’s decision to downgrade Pakistan from secondary emerging market to frontier market status, the country might experience passive foreign outflows estimated between $50
The International Monetary Fund (IMF) has expressed support for the expansion of BRICS, with Julie Kozack, an IMF spokeswoman, stating that the growth of the
In a welcome move for Pakistani consumers, the federal government announced a reduction in fuel prices, effective from midnight Sunday. The price of petrol has
The State Bank of Pakistan (SBP) has lowered its key policy rate by 200 basis points (bps) to 17.5%, exceeding expectations of a 150bps cut.
Huawei has launched the Mate XT Ultimate Design, making waves as the world’s first tri-fold smartphone. This comes soon after Apple launched it’s new devices
Pakistan’s central bank is expected to announce another interest rate cut during its upcoming policy meeting on Thursday, analysts predict. This follows a significant decline
The government has cut down the cost of gasoline to Rs8.47 up to Rs260.96 for a litre. according to in a statement released by the
This week’s economic indicators present a mixed bag for Pakistan’s financial landscape, with modest gains in the stock market, slight movements in currency exchange rates,
Islamabad, Pakistan – The Consumer Price Index (CPI) for July 2024 registered a year-on-year increase of 11.1%, according to data released by the Pakistan Bureau
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