Despite the rupee fall, and speculations that it will fall further, Deputy Governor State Bank of Pakistan Dr. Murtaza Saeed had warned the speculators that they will lose, and it seems to have worked. Pakistani currency has seen an uptick against the greenback.
Pakistani Rupee depreciated 0.5 per cent against the US dollar in one day, closing at an all-time low of 168.94 on Tuesday. According to experts, this is due to the increasing trade deficit fuelled by increasing commodity prices, and concerns for the supply of the US dollar.
Pakistan's national carrier PIA has inducted two new Airbus 320s into its fleet, and the first one arrived in Pakistan today. This is part of PIA's fleet replacement program aiming to improve the customer experience and make travel more comfortable.
Dr Iqrar Ahmad Khan, Vice-Chancellor of the University of Agriculture Faisalabad, said that Pakistan has drawn on drying techniques and climate-smart storage technology to alleviate post-harvest food loss.
Lucky Motors Corporation has become the only company in Pakistan to assemble/manufacture two car brands under its roof. After KIA’s success, LMC is now bringing French brand Peugeot to Pakistan, and the first vehicle is a crossover named Peugeot 2008.
This is the country that was being blamed for harnessing terrorists, but here it was serving humanity with all its resources employed. Pakistan’s Foreign Minister, Shah Mehmood Qureshi has reignited the charge for Pakistan to take regional affairs by the wheel.
Recognized as one of the prominent buildings of Pakistan, HBL Plaza (1971-2021) continues to be an important landmark of the country that has become a symbol of public trust and will continue to inspire generations for the next 50 years.
Jahangir Piracha, CEO Engro Polymer & Chemicals, explains why the government needs to focus on the country's still nascent Petrochemical sector, how the company is developing the PVC market in Pakistan, and how this is crucial for improving long term sustainability.
Drawing a parallel between German Nazis and the fascist policies of Modi’s government, she questioned whether the international community could allow India to hold the office of the president of the UNSC.
The huge 131-page document, along with a CD comprising 15 audio and several video recordings, GPS data coordinates of five Indian funded and managed ISIS (ISKP) training camps, graphic pictures of victims of the suspected use of chemical weapons also carrying documentary proofs of how the Narendra Modi regime was trying to portray the Kashmir Freedom Struggle as a terrorist activity.
Ambassador Haque remarked that this is the second time that Pakistan has been invited to participate as a special partner country. “We were given this honour for two years continuously, which is unprecedented in the history of CAEXPO.
The government's incentives for affordable housing and transportation for the majority of Pakistanis have led to an increase in consumer financing in the country, showing a 32.8 per cent and 45.7 per cent increase in consumer borrowing year-on-year.