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Tag: Financial Trends

Pakistan external financing
Latest
  • WEB DESK
  • Mar 08, 2024
Workers’ remittances dip by 6.18% in February

In a recent report by the State Bank of Pakistan (SBP), workers’ remittances for February witnessed a month-over-month (MoM) decline of 6.18 per cent, amounting to $2.25 billion compared to the previous month’s $2.4 billion.

PEPRA employees
Latest
  • WEB DESK
  • Feb 07, 2024
SBP reports massive drop in currency circulation

It has been revealed that the currency in circulation within the Pakistani economy has experienced a notable decline.

Pakistan's debt and interest payments
Latest
  • WEB DESK
  • Jan 09, 2024
Debt dilemma: Pakistan’s high bank borrowings defy revenue success

In a disconcerting development, the government of Pakistan’s borrowings from banks have witnessed a troubling upward trend, raising alarms about the country’s deepening debt situation and casting shadows over its poised positive economic outlook.

Pakistan's debt and interest payments
Latest
  • WEB DESK
  • Jan 06, 2024
Federal govt’s debt rises by 1.5%, surpassing Rs63 trillion

In November 2023, the overall debt burden of the federal government, encompassing both domestic and external obligations.

Pakistan's exports to Saudi Arabia increases
Latest
  • WEB DESK
  • Dec 15, 2023
Pakistan’s exports to Saudi Arabia surge 47%, trade deficit narrows

In a promising economic development, Pakistan has witnessed a significant uptick in its exports to Saudi Arabia, marking a positive shift in the trade dynamics between the two nations.

US dollar to Pakistani rupee intraday
Latest
  • WEB DESK
  • Dec 14, 2023
PKR shows resilience, closes at Rs283.51 against USD

Pakistani rupee (PKR) demonstrated strength by appreciating 10.02 paisa against the US dollar, settling the trade at PKR 283.51 per USD.

Pakistan transport services
Latest Pakistan
  • WEB DESK
  • Dec 08, 2023
Pakistan earns over $206 million by providing transport services

In the initial quarter of the fiscal year 2023–24, Pakistan generated a total of $206.928 million through providing diverse transport services in various nations.

US dollar in Pakistani rupee
Latest
  • WEB DESK
  • Oct 24, 2023
Interbank closing: rupee continues to lose against US dollar, closes at Rs279.43

Pakistani rupee (PKR) experienced a depreciation of 31 paisa against the US dollar, settling at PKR 279.43.

USD to PKR
Latest
  • WEB DESK
  • Oct 18, 2023
Pakistani rupee loses more than Rs3 against US dollar in a single day

According to the State Bank of Pakistan, the Pakistani rupee settled at Rs280.29 after a notable decrease of Rs3.26 in the inter-bank market.

US dollar to PKR rate
  • WEB DESK
  • Oct 17, 2023
Pakistani rupee’s winning streak against US dollar ends after 28 sessions

According to the State Bank of Pakistan (SBP), the rupee settled at 277.03, marking a decrease of Re0.20 in the inter-bank market.

Latest

PDMA alerts eight KP districts over possible glacial lake bursts, flooding risk
  • WEB DESK
  • 1 Hour ago
PDMA alerts eight KP districts over possible glacial lake bursts, flooding risk
Rome offers free cinema screenings to help residents escape extreme summer heat
  • Reuters
  • 1 Hour ago
Rome offers free cinema screenings to help residents escape extreme summer heat
Petrol pumps’ protest called off as govt agreed to bridge differences with dealers
  • WEB DESK
  • 2 Hours ago
Petrol pumps’ protest called off as govt agreed to bridge differences with dealers
ECP, Iranian Momeni-led delegation discuss ways to enhance cooperation
  • WEB DESK
  • 2 Hours ago
ECP, Iranian Momeni-led delegation discuss ways to enhance cooperation
CSS registration hits five-year high as youth interest in civil service remains strong
  • WEB DESK
  • 3 Hours ago
CSS registration hits five-year high as youth interest in civil service remains strong
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