ISLAMABAD: Pakistan’s headline inflation based on Consumer Price Index (CPI) increased by 27.6 per cent in January 2023, said Pakistan Bureau of Statistics (PBS) on Wednesday.
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FBR needs Rs3.51 trillion during five months to achieve tax target
ISLAMABAD: Federal Board of Revenue (FBR) has required to collect Rs3.51 trillion during next five months (February – June) of this year in order to achieve fiscal year 2022-2023 collection target.
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Rupee recovers PKR 1.74 to dollar after witnessing massive fall in three sessions
KARACHI: Pakistani Rupee (PKR) recovered against the dollar on Tuesday after witnessed massive fall during previous three sessions.
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Toyota cars production completely halted in Pakistan
Indus Motors Company – the producers of Toyota cars in Pakistan – on Tuesday announced to completely shut down its plants from February 01, 2023 due to shortage of raw material.
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Exchange rate adjustment continues; PKR makes new low against dollar
KARACHI: Adjustment in exchange rate continued on Monday as the Pakistani Rupee (PKR) made new historic low against the US dollar.
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Dollar hits new peak at PKR 269.50 in midday interbank
KARACHI: The US dollar continued to make upward journey against Pakistani rupee (PKR) on Monday and reached to a new peak of PKR 269.50 during midday interbank trading.
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Another sharp hike in petroleum prices likely during IMF team visit
Pakistan is likely to further increase sharply the petroleum prices during visit of a team of the International Monetary Fund (IMF).
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SBP clarifies foreign exchange losses due to capping dollar
KARACHI: State Bank of Pakistan (SBP) on Sunday clarified reports that the country incurred huge foreign exchange losses due to capping the price of dollar.
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Pakistan sharply increases petroleum prices ahead of scheduled announcement
Pakistan on Sunday increased sharply the prices of petroleum products ahead of scheduled announcement that was on January 31, 2023.
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Pakistan may review petroleum prices ahead of schedule to defuse panic
Pakistan is likely to make announcement to review petroleum prices ahead of scheduled date of January 31, 2023 considering the long queue at fuel stations fearing massive price hike.
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