Tag Archives: Finance

Introduction: Pakistan’s central bank is anticipated to maintain its key interest rate at 21% in light of aggressive rate hikes implemented since April last year. These measures were implemented to combat record-high inflation amidst the nation’s worst-ever economic crisis. As the country grapples with economic challenges, analysts weigh in on the potential impact of maintaining the current policy rate. Record-High …

Introduction: In a significant development for the cryptocurrency industry, the United States Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng Zhao. The SEC alleges that Binance failed to restrict US customers from its platform, misled investors regarding market surveillance controls, and operated an unregistered securities exchange. Furthermore, the …

Introduction: Are you eager to enter the exciting world of forex trading but unsure where to begin? Look no further! OctaFX, a renowned and trusted online trading platform, offers a user-friendly and comprehensive solution for both beginners and experienced traders. In this quick start guide, we will walk you through the steps to kickstart your forex trading journey using OctaFX. …

Introduction: The Pakistan Stock Exchange (PSX), once hailed as one of the top-performing bourses in the region, has been facing a decline in recent years. The poor showing of the PSX has become a cause for concern for the government, prompting Finance Minister Ishaq Dar to take immediate action. In a meeting with a joint delegation of the PSX and …

In recent months, the cryptocurrency landscape in Pakistan has witnessed rapid growth, with an increasing number of individuals turning to digital assets as a response to the depreciation of the Rupee. While authorities in Pakistan have expressed their intention to ban cryptocurrencies, a recent survey conducted by global crypto exchange firm KuCoin reveals a different perspective among Pakistani crypto investors. …

In a recent session of the Senate Standing Committee on Finance and Revenue, Minister of State for Finance and Revenue Aisha Ghaus Pasha made a significant announcement regarding the status of cryptocurrency in Pakistan. According to multiple local media reports, Pasha stated that cryptocurrency services operating in the country will be banned, and crypto trading will never be legalized. This …

Trading Commodities in Pakistan: A Guide to Pakistan Mercantile Exchange The Pakistani commodities market offers a range of investment opportunities for individuals looking to diversify their portfolios and engage in the exciting world of commodities trading. One prominent platform facilitating such trades is the Pakistan Mercantile Exchange (PMEX). In this comprehensive guide, we explore the ins and outs of trading …

Trading Commodities in Pakistan: A Guide to Pakistan Mercantile Exchange The Pakistani commodities market offers a range of investment opportunities for individuals looking to diversify their portfolios and engage in the exciting world of commodities trading. One prominent platform facilitating such trades is the Pakistan Mercantile Exchange (PMEX). In this comprehensive guide, we explore the ins and outs of trading …

The world of forex trading offers an exciting opportunity for individuals to participate in the largest and most liquid financial market in the world. Forex, short for foreign exchange, involves buying and selling currencies with the aim of profiting from fluctuations in exchange rates. In this comprehensive guide, we explore the fundamentals of forex trading and introduce OctaFX as our …

Exploring Exchange Traded Funds (ETFs): A New Era for Pakistan Stock Exchange The Pakistan Stock Exchange (PSX) has entered a new phase of diversification and investor opportunities with the introduction of Exchange Traded Funds (ETFs). ETFs have gained immense popularity worldwide for their unique investment structure, providing investors with a cost-effective and convenient way to access diversified portfolios. In this …