PKR continues to decline against dollar
The Pakistani rupee continued to decline against the US dollar on Thursday in anticipation of the executive board meeting of the International Monetary Fund (IMF)…
Business
Govt may increase petroleum prices by Rs20 per litre
Government may increase prices of petroleum products by up to Rs20 per litre. On August 15, the government increased the petrol price by Rs6.72 per litre,…
Qatar Investment Authority plans to invest $3 bln in Pakistan
The Qatar Investment Authority (QIA) aims to invest $3 billion in Pakistan, Qatar’s Emiri Diwan said on Wednesday, lending support to the cash-strapped economy. “The…
Current account deficit reduce by extensively 45%
Pakistan’s current account deficit – the difference between the country’s foreign expenditure and income – narrowed down by a staggering 45% to $1.2 billion in…