PSX. RALLYING TOWARDS 150K
The Pakistan Stock Exchange (PSX) has been on an absolute roll lately, with its KSE-100 index grabbing attention for being one of the best-performing...
Fauji Foundation: A Model of Discipline and Integrity
Fauji Foundation, one of Pakistan’s largest and most successful business conglomerates, is often recognized as a model of disciplined and well-structured corporate governance. Formed...
Pak rupee’s upward journey continues, dollar falls by Rs1.43
The US dollar in the interbank trading falls by Rs1.43 to Rs183.25 as the National Assembly members are going to elect new prime minister...
Hike in interest rate by SBP draws criticism
The recent decision of the State Bank of Pakistan (SBP) to increase the interest rate has received widespread condemnation from the business community and...
Weekly inflation: Prices of essentials record biggest rise since November
Inflation measured through the Sensitive Price Indicator (SPI) increased 1.53 percent during the week ended on April 7, owing to a rise in the...
State Bank raises interest rate to 12.25%
In a surprise move, the State Bank of Pakistan (SBP) on Thursday raised its benchmark interest rate by a significant 250 basis points to...
Rupee depreciation continues, US dollar rises above 188
The Pakistani rupee surpassed all records on Thursday, selling at above Rs188 against the dollar in the interbank market during intra-day trading, to continue...
Asian Development Bank sees decline in Pakistan’s economic growth
Following a remarkable economic rebound in the previous fiscal year 2020-21, the Asian Development Bank (ADB) projected Pakistan’s economic growth to slow down to...
PSX sinks amid political turmoil in country, KSE-100 sheds 1,250 points
The political melodrama wreaked havoc on the Pakistan stock market as the benchmark KSE-100 index slumped 1,250 points on the back of persistent uncertainty...