Business

Business

Rupee’s Surprised Gain has Panicked the USD Investors

The USD exchange rate remained stable at Rs105.06 for two months. However, the rapid devaluation of USD has panicked the  investors…

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Pakistan’s Foreign Exchange Reserves rose to $8.737 Billion – SBP

According to the State Bank of Pakistan,  foreign exchange reserves rose to $8.737 billion on February 28 compared to $8.654…

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US Doller in freefall against Pak Rupee

The dollar was traded at Rs103.50 in both markets indicating that the rupee is gaining faster than the market expectations…

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Increase in Foreign Remittances Has Stabilized Exchange Rate

Money chargers  are of the opinion that foreign remittances are higher for the last two months.  Pak rupee has gained…

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Provincial Govt. may set up Independent Power Projects – Federal Govt

The federal government has decided to empower provincial governments and private entities to set up independent power projects for their…

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Finally PM “Okays” Revival of PIA

Nawaz Sharif has finally approved a plan for restoration of PIA. The aim is turn the national flag-carrier into a…

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Fuel prices take a dive

The federal government today decreased the price of petrol by Rs. 2.73 a liter for the month of March. The…

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Govt. sold PIBs work Rs. 247bn

In the 2nd auction of 2014, the government has sold PIBs worth Rs. 247 billion. It is more than four…

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Morning Briefing (February 28, 2014) on Market and Economy

Extract's  of Market and Economy Commerce      Ministry has been directed to submit a summary on trade normalization      process…

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