The Pakistani rupee surged even higher against the US Dollar today after opening trade at 305 in the interbank market.At 12 PM, it was bullish, rising as high as 303 after gaining ~Rs. 3 against the greenback, in tandem with opening-bell bulls which sa…

The Monetary Policy Committee of the State Bank of Pakistan (SBP) is strongly expected to raise the policy rate by at least 200 basis points to 24 percent after the regulator’s latest auction of Treasury Bills (T-Bills) which saw the government raise …

Treet Corporation Limited announced on Wednesday that is set to venture into the shaving foam market.In a notice to the Pakistan Stock Exchange (PSX), the company said that this addition comes as part of its continued efforts to diversify its product …

The total public debt stock of the federal government increased by 22.1 percent on a year-on-year (YoY) basis in July 2023 as compared to the same month of the last year.According to the monthly data issued by the State Bank of Pakistan (SBP), the deb…

Chief of Army Staff General Asim Munir on Sunday assured that money exchanges will be taxed to promote transparency in US Dollar exchange and interbank rates.He further emphasized the role of the Special Investment Facilitation Council (SIFC), in its …

More than 1,600 textile factories shut down in the country in the last sixteen months according to Interim Commerce Minister Dr Gohar Ijaz.According to a report in Dawn, the minister highlighted that the shutdown of industries was across the entire va…

Caretaker Minister for Religious Affairs and Interfaith Harmony Aneeq Ahmed says solution of socio-economic and moral problems confronted to nation lies in following the teachings of Islam and message of Holy Prophet Hazrat Muhammad (SAWW).Addressing …

The price of Diammonium Phosphate, more commonly known as DAP fertilizer, has spiked to Rs. 13,000 per 50kg bag in Punjab as the rupee has fallen more than 7 percent against the dollar in a month.Well-informed sources told ProPakistani that DAP is bei…

The Organic Meat Company Limited (PSX: TOMCL) has successfully secured a contract from First Quality Food Stuff LLC to export 1,000 metric tons of frozen boneless beef to the United Arab Emirates (UAE), the company informed the Pakistan Stock Exchange…

Bears ran riot at the Pakistan Stock Exchange (PSX) today, with the benchmark KSE-100 index losing over 1,700 points in intraday trade amid the Pakistani Rupee’s gut-wrenching slump below 300 this week.The benchmark KSE-100 index appeared bearish from…