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Friday, April 26, 2019

IMF Mission’s visit to Pakistan

IMF Mission's visit to Pakistan An International Monetary Fund (IMF) mission led by Mr. Harald Finger visited Pakistan from December 5th to 14th, 2017 for the first Post Program Monitoring...

Rupee overvalued by 10%, says Tarin

Pakistan’s currency is overvalued, and authorities have not allowed it to depreciate and rebalance itself against a strengthened dollar in order to avoid inflating the external debt, former finance...

Distributors slam third LPG price hike in 10 days

LPG Distri­butors Association of Pakistan has expressed concerns over increase in the LPG price for the third time in last 10 days by marketing companies and has urged the...

Deposits of Islamic banks grow 10pc

Islamic banks beat their conventional banking counterparts by mobilising deposits at a higher pace in April-June. The State Bank of Pakistan (SBP) issued on Monday the Islamic Banking Bulletin for...

FBR’s collection for July stands at impressive Rs200b

The Federal Board of Revenue (FBR) has provisionally collected about Rs200 billion in taxes in July, taking an exceptionally good start in the new fiscal year, but questions remain...
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Govt. to rescue Pakistan’s MSCI Emerging Market Status

Govt. to rescue Pakistan’s MSCI Emerging Market Status A dedicated fund is under deliberation to support investor confidence MSCI Downgrade will be a dent...

Tracking change in consensus earnings estimate reveals 7% downgrade – Majid Munir

Tracking change in consensus earnings estimate reveals 7% downgrade in FY19 estimates, over the course of the past one year, for 37 of the...

Has the economic slowdown been factored into KSE100 – Majid Munir

The combination of CAD, fiscal deficit, depreciating PKR, rising inflation, and high interest rates will lead to demand contraction, margin compression due to higher...