Rupee Rises 2nd Day in a Row Against US Dollar After SBP Decision
The Pakistani rupee rose higher 2nd day in a row against the US Dollar today after opening trade at 283 in the interbank market.At 11:30 PM, it was largely stable against the greenback during intraday trade.The interbank rate remained at 283 before an…
Here Are the Complete Squads for All Franchises in PSL 9
The draft for the ninth edition of the Pakistan Super League has concluded as all six teams have roped in eighteen players each. The players for each team have been categorized in Platinum, Diamond, Gold, Silver, Emerging and Supplementary category.As…
PCB Appoints Shaheen Afridi as Pakistan’s Test Vice Captain
Pakistan Cricket Board’s (PCB) Director Media, Aalia Rasheed, has announced that fast bowler Shaheen Shah Afridi has been made the vice-captain of Pakistan’s Test cricket team for the three-match Test series down under.Afridi was recently appointed as…
Strict Action to be Taken Against Fertilizer Dealers Overcharging Farmers
The Economic Coordination Committee (ECC) of the cabinet Wednesday directed that strict action should be taken against the fertilizer dealers overcharging the farmers beyond the prescribed price.Federal Minister for Finance Dr Shamshad Akhtar presided…
Fitch Affirms Pakistan at ‘CCC’ Amid High External Funding Risks
Fitch Ratings has affirmed Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘CCC’. Fitch typically does not assign Outlooks to sovereigns with a rating of ‘CCC+’ or below.Fitch said that the ‘CCC’ rating reflects high external fund…