BUSINESS
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Moody’s downgrades Pakistan’s ratings to Caa1
WEB DESK Moody’s downgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa1 from B3, citing...
China seeks to refinance syndicate facility of $2.24 billion
China is looking to refinance a syndicate facility of RMB 15 billion ( $2.24 billion) to Pakistan which was due...
Rupee maintains uptrend for ninth successive day
WEB DESK The Pakistani rupee on Wednesday maintained its uptrend for the ninth successive working day against the US dollar...
Miftah terms Govt’s decision not to increase PDL as ‘reckless’
WEB DESK The former finance minister Miftah Ismail has said that the government’s decision to not increase the petroleum development...
SBP releases commemorative note of Rs75
The State Bank of Pakistan (SBP) on Thursday released a commemorative banknote of Rs75 in memory of the 75th anniversary...
Rupee gets more value as Dar takes oath Finance Minister
WEB DESK As Pakistan Muslim League-Nawaz (PML-N) leader Senator Ishaq Dar took oath as the finance minister of Pakistan, the...
Rupee gaining Rs3.11 value against the dollar
WEB DESK The value of the Pakistani rupee continues to improve, gaining another Rs3.11 against the US dollar on Tuesday....
Pakistan should suspend debt repayments after recent floods, UN
WEB DESK Pakistan should suspend international debt repayments and restructure loans with creditors after recent floods added to the country's...
FDI grow by 88% as China & UAE emerged as largest investors in Pakistan
WEB DESK China and the United Arab Emirates (UAE), the two leading global economies, emerged as the largest foreign investors...
Rupee records lowest value against dollar with Rs239.65
The Pakistani rupee continued to lose ground against the US dollar on Wednesday as the latter rose to Rs239.65 during...
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