SBP-held Forex Reserves Plunge to $8.57 Billion
The country's foreign exchange reserves held by the State bank of Pakistan (SBP) have dropped by $754 million to $8.57 billion, marking a continuous...
S&P Downgrades Pakistan’s Outlook to Negative Due to Free-fall of Rupee
The global rating agency, Standard and Poor’s (S&P) has revised the outlook on Pakistan’s long-term ratings from “Stable” to “Negative” The agency said that...
Pakistani Social Commerce Startup ‘DealCart’ Raises $4.5 Million in Pre-Seed Funding
On Thursday, Pakistani social commerce startup DealCart announced that it has raised $4.5 million in pre-seed funding. The funding round was directed by Shorooq...
Google Currency Converter Malfunctions Again, Shows $1 is equal to PKR...
On Thursday Evening, Netizens came across a strange malfunction in Google Currency Converter which was showing incorrect value of PKR against dollar. This is...
Microsoft Misses Market Earning Expectations Due to Weak PC Sales
Tech giant, Microsoft on Tuesday announced its fourth-quarter results, which unfortunately missed Wall Street’s market earning expectations. The company reported it had $51.9 billion...
Standard Chartered Clients Allegedly Lost Up to PKR 70,000 Due to...
Standard Chartered Bank appears to have recently encountered a major security flaw, in which customers of the bank have allegedly lost more than Rs....
