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Tag: Trade Deficit

Pakistan current account deficit
Business
  • Web Desk
  • Feb 19, 2024
Pakistan’s current account records $269 million deficit

Pakistan’s current account reported a deficit of $269 million for January 2024, diverging sharply from the $404 million surplus.

Trade deficit Pakistan
Business Latest
  • Web Desk
  • Feb 03, 2024
Pakistan records 33% reduction in trade deficit, boosted by export surge

In a promising economic development, Pakistan witnessed a significant 33 per cent reduction in its trade deficit, reaching $13.167 billion.

Pakistan services trade deficit
Business
  • Web Desk
  • Jan 20, 2024
Pakistan’s trade deficit drops 35.7%

Pakistan’s trade deficit for the month of December showed significant improvement, according to revised data released by the PBS.

Trade deficit Pakistan
Business
  • Web Desk
  • Jan 02, 2024
Trade deficit shrinks by 34 per cent during Jul-Dec’23

From July to December 2023, Pakistan’s exports reached $14.98 billion, compared to $14.24 billion in the corresponding period of the previous fiscal year.

Pakistan fish exports
Business
  • Web Desk
  • Dec 28, 2023
Pakistan’s seafood exports drop by 12.87%

Pakistan’s fish and fish preparations export sector recorded a revenue of $161.896 million, shipping 72,515 metric tonnes.

Pakistan's exports to Saudi Arabia increases
Business
  • 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.

Pakistan Stock Exchange new record high in July
Business
  • Web Desk
  • Dec 05, 2023
Pakistan Stock Exchange gains 463 points, closes just below 63,000 mark

The Pakistan Stock Exchange (PSX) witnessed a robust uptrend today as its benchmark index displayed a gain of 463 points, equivalent to 0.74 per cent, concluding just below the 63,000 mark.

Trade deficit Pakistan
Business Pakistan
  • Web Desk
  • Dec 01, 2023
Pakistan’s trade deficit shrinks by 13.16% in November

Pakistan’s trade deficit demonstrated a notable improvement, standing at $1.89 billion and witnessing a 13.16 per cent reduction.

Dollar to rupee intraday trading
Business Pakistan
  • Web Desk
  • Nov 29, 2023
Pakistani rupee declared weakest currency, expected to reach Rs350 vs dollar

The Pakistani rupee (PKR) is poised to conclude the year as the weakest-performing currency in Asia, and this trend is anticipated to persist into 2024.

Pakistan services trade deficit
Business
  • Web Desk
  • Nov 20, 2023
Pakistan’s current account deficit shrinks by 91% YoY in October

On an annual basis, the current account deficit exhibited a noteworthy improvement, with a 91 per cent year over year (YoY) decrease, as it amounted to $849 million in the corresponding month last year.

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