The PSX increases on hopes for lower rates, progress in the restructuring of the circular debt Blogging Sole

The PSX increases on hopes for lower rates, progress in the restructuring of the circular debt

 Blogging Sole

Stockbroker monitors the equity prices during a negotiation session on the Pakistan Stock Exchange in Karachi, Pakistan, January 21, 2025. – INP The KSE-100 index ends at 114,398.69, up 685 points. Intraday High reaches 114,721.58, up 1,008 points. The reference index sees a minimum of 114,169.19, up 456 points. Friday, the stock market extended its … Read more

Forex reserves held by SBP increases, but external financing problems persist Blogging Sole

Forex reserves held by SBP increases, but external financing problems persist

 Blogging Sole

Battery of us, a hundred dollars tickets are visible in this image illustration. – Reuters Foreign foreign reserves in the country in the country are $ 15.95 billion. Trade banks’ dollars reserves amounted to $ 4.75 billion. Refunds of external debt exert pressure on Forex’s reserves. The exchange reserves, owned by the State Bank of … Read more

Meta is preparing for mass layoffs on Monday while hiring AI increases Blogging Sole

Meta is preparing for mass layoffs on Monday while hiring AI increases

 Blogging Sole

The logo of the Meta Platform company group is seen in Brussels, Belgium, December 6, 2022. – Reuters The owner of Facebook Meta Platforms plans to carry out his dismissals on the scale of the company scheduled for next week while advancing with the accelerated hiring of automatic learning engineers, he told employees of internal … Read more

Pakistan public debt increases from RS8.3TR in one year Blogging Sole

Pakistan public debt increases from RS8.3TR in one year

 Blogging Sole

A man has Pakistani rupees tickets in a exchange shop in Peshawar, September 12, 2023. – Reuters Public debt increases by 13% during the 2010 financial year, reaching 71.2 Billions of rupees. Govt is missing the debt reduction objectives under FRDLA. The external debt reached $ 88.7 billion in September 2024. Islamabad: Despite progress in … Read more