Day: November 2, 2021
Monthly Petroleum Sales in October Up by 17% YoY to 1.99 Million Tons
Pakistan’s monthly petroleum consumption surged to an all-time high in October 2021, second only to the monthly sales of May 2018, amid growing economic activity
Azfar Ahsan Appointed as Chairman Board of Investment
Muhammad Azfar Ahsan, a seasoned strategic engagements and communications specialist in the corporate sector, has been appointed as the Chairman Board of Investment (BoI) and
State Bank Amendment Bill Breaches the Constitution: Farogh Naseem
The law minister, in a briefing session with the IMF, mentioned that section 46B (8) in the State Bank (Amendment) Bill breaches the constitution.Talking through
Rupee Rises Against US Dollar for 5th Day in a Row
The Pakistan Rupee appreciated against the US Dollar (USD) on Tuesday and continued its run against the dollar. It gained 75 paisas against the dollar
October Registers Highest Outflows from Equity, T-Bills, PIBS in FY22
Equity, treasury bills (T-Bills), and Pakistan Investment Bonds (PIBs) witnessed foreign investment outflows almost three times higher than the inflows in October of FY22.Cumulatively, the