Sitara Petroleum Officially Listed on PSX After Record-Breaking IPO
Sitara Petroleum Service Limited has officially been listed on the Pakistan Stock Exchange after successfully completing one of the country’s largest private-sector...
Latest Buzz from Pakistan
Pakistan’s Current Account Swings to Deficit as External Balance Weakens in April
Pakistan’s external account position has deteriorated sharply, with the current account slipping back into deficit after a brief period of surplus momentum,...
Gold Prices Drop Below Rs488,500 in Pakistan After Third Consecutive Decline
Gold prices in Pakistan continued their downward trend on Monday, marking the third consecutive daily decline as international bullion markets remained under...
Pakistan Loses Over $50 Billion Amid Challenging Investment Climate
Pakistan has reportedly lost more than $50 billion in capital outflows due to an increasingly difficult economic environment, raising serious concerns about...
Pakistani Rupee Declines Against Pound, Euro Despite USD Gains
The Pakistani Rupee maintained a positive trend against the US Dollar, closing in green for the 121st consecutive day on Tuesday. However,...
Government Considering Permanent Discontinuation of Rs. 10 Note
The federal government is weighing in-principle approval to permanently phase out the Rs. 10 currency note and replace it with a coin....
Nearly 30,000 Residents of Balochistan Traveled Abroad for Jobs in Five Years
Data released in the National Assembly reveals that nearly 30,000 residents of Balochistan traveled abroad for employment over the past five years....
SBP Reduces Cash Reserve Requirement to Inject Liquidity into Banking System
The State Bank of Pakistan has announced a reduction in the Cash Reserve Requirement for commercial banks, signaling a shift toward a...
Pakistan Plans Return to Global Bond Market After Four-Year Hiatus
Pakistan is preparing to re-enter the global bond market after a four-year absence, as the government points to improving macroeconomic indicators and...
Pakistan’s external sector has come under renewed strain as the country recorded a current account deficit of $112 million in October, reversing the brief improvement seen in September.
The latest figures from the State Bank of Pakistan show a clear shift from the previous month’s $83 million surplus, raising questions...