Pakistan has reached an agreement with the International Monetary Fund (IMF) to reduce the country’s weighted average tariffs to 6 percent over the next five years. This cut is significant, halving the current rate of 10.6 percent. The goal is to open up Pakistan’s economy to more foreign competition, making it the lowest in South […]
Car Prices
Latest decreased prices of toyota cars in Pakistan
Latest prices of Toyota cars in Pakistan. Owing to the appreciation of the Pakistani rupee against the US dollar during the last few days, the Indus Motor Company (IMC) Monday decided to pass on the favorable forex impact to its customers. Following are the new prices of the vehicles which came into effect on August […]
Investor concerns take PSX index down 3% WoW
The KSE-100 index bled through most of the week, closing 2.9 percent week-on-week (WoW) lower at 37,522 levels. Market participation also dipped during the week with 7.5 percent WoW decline in average daily traded volume (119 million shares) and 20.4 percent WoW decline in average daily traded value (US$ 25 million). Almost all sectors contributed […]