Business
Business
Pakistan to Launch Online Forex Trading Platform in January 2024
Pakistan plans to introduce an online forex trading platform by the end of January 2024. The International Monetary Fund (IMF)…
Nepra Extends K-Electric’s Power Distribution License for Two Decades
The National Electric Power Regulatory Authority (Nepra) has granted a 20-year license renewal to K-Electric (KE) for power distribution and…
US Dollar Set for Weekly Rise Amid Economic Strength and Central Bank Stance
The US Dollar (USD) is set for a weekly rise on Friday, bolstered by the robust US economy and central…
State Bank Pakistan Introduces Biometric Checks to Combat US Dollar Hoarding
To curb the hoarding of US dollars, the State Bank of Pakistan (SBP) has introduced a plan requiring biometric verification…
Pakistan Stock Market Plummets Amidst Escalating Tensions with Iran
The Pakistan stock market experienced a significant downturn on Thursday. This decline was directly related to the increasing tensions between…
IMF Provides $700 Million to Pakistan for Economic Bailout
Governor Jameel Ahmed of the State Bank of Pakistan announced a significant development on Wednesday. Pakistan has received $700 million…
Rising Onion Prices in Pakistan: The Unaddressed Local Market Challenge
Last week, the minimum export price (MEP) of onion was raised from $750 to $1,200 per tonne. Despite this, prices…
Analyzing Poultry Price Surges in Pakistan: NPMC’s Strategic Response
The National Price Monitoring Committee (NPMC) met on Tuesday to examine current market trends closely. They focused particularly on the…
Chinese Yuan Overtakes US Dollar in Moscow Exchange
In 2023, the trading volume of the Chinese yuan on the Moscow Exchange surpassed that of the US dollar due…