Rial’s slide marks a steep fall from 55,000 per dollar in 2018, when renewed U.S. sanctions began straining Iran’s access to oil revenue and foreign currency
The post Iran’s rial sinks to record low near 1,250,000 per dollar on open market appeared first on Profit by Pakistan Today.

Investors cautious ahead of central bank meetings; Fed rate cut all but certain, focus moves to rates outlook
The post Asian stocks slip, dollar steady as investors await U.S. rate cut appeared first on Profit by Pakistan Today.

The potato chips industry doesn’t appear to be slowing down anytime soon. The key players remain mainly the same, but the projected growth in the near future has implications for the future of local potato production
The post Can Pakistan’s snack giants make the best of our trade troubles? appeared first on Profit by Pakistan Today.

An imminent merger could catapult PTCL into the ranks of multi-billion-dollar enterprises
The post PTA clears the path for telecom shake-up appeared first on Profit by Pakistan Today.

The pharmaceutical company has had a torrid history. The new development could prove to be its redemption
The post Liven Pharmaceuticals just made a rights issue. Will this prove to be the last throw of the dice? appeared first on Profit by Pakistan Today.

The government will send tens (possibly hundreds) of millions of dollars to buy Chromebooks from Google, giving the tech giant a risk free entry into Pakistan
The post Could assembling Google Chromebooks come back to bite us? appeared first on Profit by Pakistan Today.