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Mettis Global News

MG Morning Breeze: Updates to Skim before Market

MG Morning Breeze: Updates to Skim before Market
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December 20, 2024 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

The exchange rates for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) showed minor movements against the Pakistani rupee (PKR) in today’s. Read more

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $30.7 million or 0.25% WoW. Read more

Automobile financing in Pakistan has dropped to Rs234.64bn in November 2024, witnessing a fall of 0.53%. Read more

The benchmark KSE-100 Index concluded Thursday’s trading session at 106,274.97, showing a decrease of 4,795.32 points or 4.32%. Read more

Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at. Read more

Indonesia is weighing deep cuts to nickel mining quotas and is looking at lowering the amount of ore mined next year to as low as 150 million tons from. Read more

Telenor Pakistan has signed Pakistan’s first-ever tripartite Memorandum of Understanding (MoU) to implement smart metering at its Base Transceiver Station. Read more

Oil prices increased on Thursday after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts in 2025, which could hurt economic. Read more

To enhance Shariah compliance and unify practices within the Islamic banking industry, the State Bank of Pakistan (SBP). Read more

Symmetry Group Limited (PSX: SYM) has been awarded a contract from Orange Hub Play. Read more

The Pakistani rupee (PKR) weakened by 12.50 paisa or 0.04% against the US dollar in Thursday’s interbank session. Read more

Pakistan and Bangladesh emphasized the need to enhance economic cooperation and boost trade in chemicals, cement clinkers, surgical goods, leather goods. Read more

The Board of Directors of Treet Battery Limited (PSX: TBL) has approved the conversion. Read more

The government of Pakistan has retired a debt of Rs183.91 billion during the week ending December 06, 2024. Read more

Pakistan and Indonesia aim to strengthen bilateral relations, particularly in economic and commercial areas, with Indonesia’s support for Pakistan’s desire. Read more

The US Federal Reserve on Wednesday cut interest rates by a quarter point and signaled a slower pace of cuts ahead, triggering a sharp sell-off. Read more

Ahsan Iqbal, Minister for Planning, Development and Special Initiatives stated that 17 completed projects have added 8,904 MW of power to the national grid. Read more

The Economic Coordination Committee (ECC) of the Cabinet on Wednesday. Read more

The Consuls General of Pakistan presented detailed action plans for 2025 aimed at strengthening China-Pakistan bilateral ties, boosting trade and investment. Read more

The Bank of Japan (BOJ) kept interest rates steady on Thursday. Read more

The Association of Builders and Developers of Pakistan (ABAD) has demanded the removal of the 3% Federal Excise Duty (FED), which has been imposed on the real. Read more

The Kunnar West Well-3, situated in the Hyderabad District of Sindh Province, has been successfully brought into production. Read more

The Federal Reserve decided to cut interest rates by 0.25% on December 18. Read more

The Prime Minister has established the Task Force effective immediately to address challenges. Read more

The Consumer Price Index (CPI) dropped to 4.9% in November 2024, represents the lowest level of inflation since April 2018 (3.96%), reflecting the government. Read more

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Posted on: 2024-12-20T07:26:44+05:00