FDI rises to over $220m in January
FDI drops 44.2% in first seven months of current fiscal year. FDI rises to over $220m in January. China, one…
Dollar
Latest price of Toyota cars after rate hike
The auto industry has been badly affected in recent months, with companies shutting down production plants. Latest price of Toyota…
Inflation accelerates to 27.6% in January — highest since May 1975
Consumer prices rise due to supply constraints for food products. Inflation accelerates to 27.6% in January — highest since May…
Honda increases motorbike prices by up to Rs30,000 (Check new rates here)
The auto sector has been under severe crisis amid the devaluation of currency. Honda increases motorbike prices by up to…
Miftah Ismail says dollar cap caused $3bn loss
Would have been better if 9th review was passed in Oct, says Miftah. Miftah Ismail says dollar cap caused $3bn…
Rupee takes a hammering, falls to historic low of 255 against dollar in interbank
Dollar down over Rs24.11 in interbank and more than Rs12 in open market. Rupee takes a hammering, falls to historic…
Rupee falls in open market after exchange cap removal
Dollar closes at 243 in open market. Interbank sees meagre change. Rupee falls in open market after exchange cap removal….
Govt raises Naya Pakistan Certificate’s markup rates for foreign investments
Rate of return is now 7% for 3-month investments of $1,000. Govt raises Naya Pakistan Certificate’s markup rates for foreign…
Illegal channels: Pakistan’s remittances fall 19% to $2bn in Dec
Remittances decline 11% to $14.052 billion in first half of FY23. Illegal channels: Pakistan’s remittances fall 19% to $2bn in…
Smuggling of US dollars to Afghanistan harming Pakistan’s economy: currency dealer
About $2bn goes to Afghanistan in form of official, unofficial trade. Smuggling of US dollars to Afghanistan harming Pakistan’s economy:…