October 06, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Owing to the recent appreciation of the Pakistani Rupee (PKR) against the U.S. dollar, Lucky Motor Corporation (LMC) has decided to pass on the benefit to its consumers by reducing the prices of their vehicles. Read more
The Pakistani rupee (PKR) continued its steady rise, appreciating by 1.06 rupees against the US dollar in Thursday's interbank session to settle the trade at PKR 283.62 per USD. Read more
The State Bank of Pakistan (SBP) has successfully raised Rs297.073 billion through the sale of 1-year, 3-year, and 5-year GOP Ijara Sukuk (GIS) Variable Rental Rate (VRR) and GIS Fixed Rental Rate (FRR). Read more
The foreign exchange reserves held by the State Bank of Pakistan (SBP) diminished by $21.3 million or 0.28% WoW to $7.62 billion during the week ended on September 28, 2023. Read more
The Special Provincial Apex Committee on Friday at 1400 hours will discuss the measures against Foreign Currency Regularization, according to the notification issued by the Home Department, government of Sindh. Read more
Federal Board of Revenue (FBR) chairman has confirmed that there are no plans to impose new taxes in Pakistan. Read more
The benchmark KSE-100 Index ended Thursday's trading session at 47,452.38 showing an increase of 372.55 points or 0.79%. Read more
The total government domestic debt and liabilities have risen by 23.03% YoY to Rs40.47 trillion in August 2023, compared to Rs32.9tr in August 2022. Read more
The total debt of the central government has surged by 29.04% YoY to Rs63.97 trillion in August 2023. Read more
The net payments of Savings Mobilized by National Savings Schemes (NSS) stood at Rs7.02 million in August as compared to receipts of Rs13.71 million in the previous month. Read more
The total money supply circulating within the economy till August 2023 has been recorded at Rs34.48 trillion. Read more
The government has disbursed Rs62.75 billion to 17 Independent Power Producers (IPPs) with the objective of lowering the circular debt of the sector. Read more
The Federal Board of Revenue (FBR) has imposed a ban on 212 items that were being imported into Afghanistan via Pakistan. Read more
Ghani Chemical Industries Limited (PSX: GCIL) experienced a significant fall of 41.65% YoY in its profitability for FY23. Read more
Supernet Limited (PSX: GEMSPNL) experienced a notable decline in profitability, with a year-over-year decrease of 34.57%. Read more
The State Bank of Pakistan (SBP) has refuted claims suggesting that deposits exceeding Rs500,000 in the country's banking system are unsafe. Read more
Pakistan LNG Ltd. (PLL) has made its first spot market LNG purchase in over a year. Read more
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Posted on: 2023-10-06T07:04:40+05:00