According to the State Bank of Pakistan, the rupee lost value once further on Friday, reaching a record low of Rs276.58 per dollar in the interbank market
The International Monetary Fund (IMF) requested Pakistan on Thursday to produce more revenue by raising the general sales tax rate to at least 18%,.
The State Bank of Pakistan (SBP) reported on Thursday that Pakistan’s foreign exchange reserves, held by the central bank, fell by 16.1% to $3.09 billion in the week ending January 27
Ishaq Dar, the finance minister, stated on Thursday that he would ask the governor of the central bank to work with a group of philanthropists in an effort to raise money from Pakistanis living abroad to help with the foreign cash shortfall.
Last night, the NBA released an Instagram video showing LeBron James walking underneath Madison Square Garden fully decked out in pieces from the new Tiffany & Co x Nike collaboration that won’t drop till March 7.
After the Gautam Adani-led company postponed a $2.5 billion share sale in a tumultuous market on Thursday, its shares fell sharply, bringing its total market capitalization losses since last week’s short-seller attack to $100 billion.
The most obvious indication yet that Pakistan, a nuclear-armed country, risks defaulting unless it receives significant backing is the full-blown economic crisis the country is currently experiencing
According to the developer of Gmail, the Chat Generative Pre-Trained Transformer, also known as #ChatGPT, would completely obliterate Google’s company in two years.
According to traders and industry insiders, Pakistan may experience a shortage of fuel in February as banks have ceased funding and facilitating payments for imports as a result of declining foreign exchange reserves.
Fauji Foods Limited (PSX: FFL) has ended CY22 in turmoil as a result of the company’s loss after tax increasing 73% YoY to Rs2.16 billion from losses in CY21.
KARACHI: According to a statement released on Thursday by Honda Atlas Cars Pakistan Limited (HCAR), the third quarter that concluded on December 31, 2022, saw a sizable profit.
An official announced on Thursday that a delegation from the International Monetary Fund (IMF) will be in Islamabad from January 31 to February 9 to resume discussions about the $9 billion Extended Fund Facility (EFFninth )’s review.
