Honda has announced a substantial reduction in the prices of its cars in Pakistan to pass on the benefits of the appreciating Pakistani Rupee against the US Dollar to its customers. This move follows similar initiatives by other automakers, including Toyota, MG Motors, and KIA, who have also lowered the prices of their vehicles. Honda …
Suzuki has introduced its 2023 Suzuki WagonR in Pakistan, featuring a distinct sloping design and appealing styling. The vehicle is equipped with Suzuki’s renowned K-series engine, ensuring fuel efficiency while maintaining a smooth and powerful driving experience. With its modern safety features and a wide range of options, the Suzuki WagonR aims to redefine everyday …
Suzuki Pakistan, the manufacturer of Suzuki bikes in the country, is renowned in the high-end bike market for its stylish rides equipped with robust engines and impeccable aesthetics. In a market dominated by Altis Honda and Chinese automakers, Suzuki maintains a significant presence by offering a wide range of rides, including daily commuter bikes, sport …
The surge in the US dollar rate appears to have intensified following a regime change in Pakistan. In just three months of 2022, Allied Bank’s foreign exchange income increased by 79.55% compared to the entire year of 2021, while HBL saw a 94.55% rise during the same period. Despite the responsibilities of the SBP and …
The Pakistani rupee, which had seen 28 consecutive days of gains against the US dollar, experienced a slight correction on Tuesday. It fell by Re0.2 or 0.07% in the interbank market, closing at 277.03 compared to the previous day’s rate of 276.83, according to the State Bank of Pakistan (SBP). Since September 5, the rupee …
In recent updates, the State Bank of Pakistan has observed a steady decline in the value of the US dollar against the rupee in both interbank and open markets. According to the State Bank of Pakistan, the US dollar’s closing price in the interbank market is reported at Rs277.62, reflecting a depreciation of 96 paise …
The Pakistan government has secured financing for a 300 MW coal-fired power plant in the port city of Gwadar, triggering a debate on the country’s energy sector. The plant will be constructed and funded by Chinese state-owned entities and has raised fresh questions about China’s pledge not to build new coal power plants overseas, which …