September 21, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs2.369 trillion for 3,6 and 12 months against a target of Rs2.25tr. Read more
The Pakistani rupee (PKR) appreciated by 1 rupee against the US dollar in Wednesday's interbank session as the currency settled the trade at PKR 293.88 per USD, compared to the previous session's closing of PKR 294.90 per USD. Read more
In a major setback, the United Arab Emirates (UAE) has banned the import of fresh meat from Pakistan through the sea route after authorities discovered fungus on one of the consignments. Read more
The total power generation in the country increased by 14% YoY to 15,959 GWh during August 2023 as compared to 14,053 GWh in the same period last year. Read more
The SBP has granted In-Principle Approval (IPA) for establishing five digital retail banks. Read more
The State Bank of Pakistan (SBP) has streamlined the operations of exchange companies by permitting only one type of exchange company to conduct business. Read more
News reporting on economic issues of national importance should be responsible and not based on limited information, the Finance Division on Wednesday said while rebutting the newsflow, saying that $4.5 billion external financing shortfall may rankle the International Monetary Fund (IMF). Read more
The benchmark KSE-100 index spent most of today's session hovering around the crucial 46,000 level. Read more
Pakistan Petroleum Limited (PSX: PPL) has posted a profit after tax of Rs97.22bn [EPS: Rs35.72], depicting a surge of 78.87% YoY. Read more
Pakistan’s gross domestic product (GDP) growth for FY24 is forecasted to recover to 1.9% from 0.3% in FY23. Read more
The gas price hike in Pakistan has become a significant point of discussion in recent days as the International Monetary Fund (IMF) review approaches. Read more
Oil prices fell ahead of the U.S. Federal Reserve's meeting on Wednesday as investors remained uncertain about when interest rates might peak, given the uncertain demand outlook. Read more
Copyright Mettis Link News
Posted on: 2023-09-21T06:29:26+05:00
