REER Hits 7.5-Year High, Pointing to an Overvalued Rupee
Pakistan’s Real Effective Exchange Rate rose to 106.15 in May 2026 from 105.84 in April, remaining at its highest level
Fitch Warns Pakistan’s Spending Cuts Could Hurt Economic Growth
Fitch Ratings has warned that Pakistan’s efforts to narrow its budget deficit through aggressive spending cuts could weigh on economic
Pakistan Posts $459 Million Current Account Surplus in May
Pakistan posted a current account surplus of $459 million in May 2026, rebounding from a deficit of $276 million in
Punjab Proposes Higher Taxes on Card Payments, Farm Income and Vehicles
The Punjab government on Tuesday proposed a broad set of revenue measures under the Punjab Finance Bill 2026, including higher
CDA Orders Another Private Housing Society to Stop Development in Islamabad
The Capital Development Authority (CDA) has issued a show-cause notice to the management of Ittefaq Residensia, a private housing scheme
Iran Gets Instant Oil Sanctions Relief in New Peace Deal With US
The United States is reportedly preparing to allow Iran to immediately resume crude oil and fuel exports as part of
Ahsan Iqbal Orders HEC Review of University Degrees to Align Education With Job Market
Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has directed the Higher Education Commission (HEC) to immediately review
Khawaja Asif Says Pakistan Economy No Longer at Risk of Default
Defence Minister Khawaja Asif told the National Assembly on Tuesday that Pakistan’s economy had moved beyond the risk of default
Oil Slides to 4-Month Low as Brent Breaks Down Toward $80
International crude oil prices slipped to their weakest levels in nearly four months on Tuesday, with benchmarks drifting toward levels
Rupee Extends Record Winning Streak Against US Dollar to 180 Days
The Pakistani rupee continued its steady upward streak against the US dollar on Tuesday, closing higher for the 180th consecutive
