Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

MG Morning Breeze: Updates to Skim before Market

MG Morning Breeze: Updates to Skim before Market
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

March 06, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The currency in circulation within the economy till February 23, 2024, has fallen by Rs126.87bn WoW to Rs8.5 trillion. Read more

The government of Pakistan has acquired an additional debt of Rs135.46 billion during the week ended February 23, 2024, which brings its total net borrowing for ongoing fiscal year 2024 to Rs2.72 trillion, according to the central bank's weekly estimates. Read more

The government is targeting to raise Rs300 billion during the next three months (March-May) of 2024, through the auction of GOP Ijara Sukuk (GIS) that will be conducted by the Pakistan Stock Exchange Limited (PSX). Read more

The benchmark KSE-100 index closed Tuesday's trading session at 65,726.04 showing a decrease of 225.68 points or 0.34%. Read more

The total government domestic debt and liabilities have increased by 23.55% YoY to Rs43.16 trillion in January 2023, compared to Rs34.94tr in January 2022. Read more

The total debt of the central government went up by 17.85% YoY to Rs64.84 trillion in January 2023, compared to Rs55.02tr in January 2022. Read more

The Pakistani rupee (PKR) depreciated by 5.05 paisa against the US dollar in Tuesday's interbank session as the currency settled the trade at PKR 279.31 per USD, compared to the previous session's closing of PKR 279.26 per USD. Read more

The net payments of Savings Mobilized by National Savings Schemes (NSS) stood at Rs23.49 billion in January as compared to payments of Rs44.16bn in the previous month. Read more

The domestic bullion market is experiencing an upward trend as prices have surged for the fifth consecutive session, with 24-karat gold rising by Rs2,700 per tola to reach Rs223,900 on Tuesday. Read more

Cement dispatches in Pakistan dropped by 19.22% YoY in February 2024, as the total dispatches stood at 3.259 million tonnes (MT) against 4.035 MT dispatched during the same month of last fiscal year. Read more

Pakistan’s banking system has reached a significant milestone as the number of bank accounts exceeded 177 million as of June 2023, the Governor State Bank of Pakistan (SBP) Jameel Ahmad disclosed during his speech at Pakistan Financial Literacy Week (PFLW). Read more

The country's total textile export registered an increase of 20% YoY to $1.41bn in February 2024 compared to $1.18bn recorded in the same period of last year. Read more

Wasting no time setting his economic agenda into motion, Prime Minister Shehbaz Sharif directed immediate talks with the International Monetary Fund (IMF) regarding its Extended Fund Facility. Read more

Copyright Mettis Link News

Posted on: 2024-03-06T06:00:00+05:00