Tag Archives: Finance

Introduction CashEye, an emerging financial technology platform, has made international trading accessible to users through its mobile application. With the ability to trade shares of renowned companies such as Tesla, Apple, Google, and Netflix, CashEye offers a convenient and secure way to participate in global markets. This blog post explores the features and benefits of the CashEye mobile app, empowering …

Introduction: The government of Pakistan has set ambitious borrowing targets to cover debt repayments and address the fiscal deficit. However, the consecutive record-high borrowing targets raise concerns about the sustainability of this approach. With both domestic and external debt levels reaching worrisome levels, the need for restructuring and alternative strategies is becoming increasingly urgent. This blog post explores the challenges …

Introduction: Avail, a project that emerged from Polygon, has unveiled an innovative solution to enhance data storage and verification for Ethereum’s secondary networks. Through the introduction of a data attestation bridge on its live testnet, Avail aims to address the data availability problem faced by layer 2 and layer 3 chains. This breakthrough technology has the potential to optimize transaction …

Introduction: The balance of payment (BoP) is a crucial economic indicator that measures a country’s transactions with the rest of the world. In this blog post, we will delve into the intricacies of balance of payment and its impact on the exchange rate. With a focus on Pakistan’s economy, we will examine how fluctuations in the balance of payment affect …

Introduction: Pakistan International Airlines (PIA), once a symbol of national pride, finds itself grappling with an overwhelming financial crisis. Recent reports reveal that PIA’s overall losses are projected to exceed Rs800 billion by the end of the current year, creating a daunting challenge for the airline. In a recent briefing to the prime minister, possible reforms and strategies were discussed …

Introduction: The International Monetary Fund (IMF) has approached Pakistan Tehreek-e-Insaf (PTI) and other major political parties in Pakistan to seek their support for the $3 billion standby agreement. This engagement is of crucial significance as the IMF Executive Board prepares to approve the disbursal of funds. Let’s delve into the recent developments and implications of this interaction between the IMF …

Introduction: Shariah compliant money market funds have gained popularity among investors who seek ethical and halal investment options. These funds adhere to Islamic principles and invest in short-term, low-risk instruments, making them an attractive choice for conservative investors. In this article, we will explore the top-performing Shariah compliant money market mutual funds with impressive annualized returns. Whether you are a …

Introduction In a recent report released by the State Bank of Pakistan (SBP) on Thursday, the foreign exchange reserves held by the central bank experienced a significant surge of 9.6% on a week-on-week basis. As of June 30, the SBP’s foreign currency reserves reached $4.4 billion, marking an increase of $393 million compared to the previous week’s $4.06 billion. This …

Introduction: Passive income is a financial goal for many, and the world of Forex trading offers intriguing possibilities through the use of Forex Expert Advisor (EA) Bots. These cutting-edge automated trading systems can execute trades on your behalf without constant manual intervention, potentially creating passive income streams. This guide aims to provide a comprehensive understanding of Forex EA Bots, covering …

The Pakistani currency, the Rupee, recently witnessed a remarkable surge, gaining 3.83% against the US dollar in the inter-bank market, and reaching a four-month high at Rs275.44. The currency also showed a 3.57% rise in the open market, reaching Rs280 against the greenback. This surge comes as the International Monetary Fund (IMF)’s new loan programme defended the value of the …