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The Sensitive Price Indicator (SPI)-based inflation for the week ended August 16, 2023, increased by 0.78 percent over the previous week while on a year-on-year basis, it posted an increase of 27.57, says the Pakistan Bureau of Statistics (PBS).During the week, out of 51 items, prices of 32 (62.75 percent)…

Pakistan’s Real Effective Exchange Rate (REER) shot up by 3.86 percentage points to 91.59 in July 2023.According to the latest monthly data released by the State Bank of Pakistan (SBP), the trend indicates a big increase from 87.73 recorded in June 2023.A REER above 100 indicates a loss in trade…

Petroleum group imports witnessed a negative growth of 44.89 percent during the first month (July) of the current fiscal year 2023-24 (FY24) on a year-on-year (YoY) basis and stood at $791.434 million compared to $1.436 billion in July 2022, says the Pakistan Bureau of Statistics (PBS).The data on exports and…

The Securities and Exchange Commission of Pakistan (SECP) has notified draft amendments to the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017, soliciting public comments.The proposed amendments are focused on creating a conducive environment for takeover transactions through the acquisition of shares of listed companies in a…