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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
23,422
6224hr
Pakistan Cases
1,034,837
5,02624hr
8.82% positivity
Sindh
382,865
Punjab
356,920
Balochistan
30,432
Islamabad
87,699
KPK
144,264

central bank

Central banks will accelerate rise of China's yuan, global survey shows
Markets

Central banks will accelerate rise of China's yuan, global survey shows

  • Global Public Investor survey, published annually by the London-based OMFIF think tank, shows 30% of central banks plan to increase yuan holdings over the next 12-24 months
  • In stark contrast to the yuan, 20% of central banks plan to reduce their holdings of the U.S. dollar over the next 12-24 months and 18% plan to reduce their euro holdings
Published 22 Jul, 2021 01:30am
Dow drops in early trade
Markets

Dow drops in early trade

NEW YORK: The Dow fell 1% on Friday after Federal Reserve official James Bullard said inflation was stronger than...
Published 19 Jun, 2021 03:23am
A word of caution
Editorials

A word of caution

EDITORIAL: The State Bank of Pakistan (SBP) in its recently published second quarterly report has commended the...
Published 14 Jun, 2021 03:39am
Growth perceptions
BR Research

Growth perceptions

Why are businesses happy but consumers are not? Do businesses and consumers care about different things? Is the...
Updated 08 Jun, 2021 11:31am
World equities drift on eve of Fed rate call
Markets

World equities drift on eve of Fed rate call

  • The price of copper hit a decade-high close to $10,000 per-ton, largely on strong Chinese demand and tight supplies of the metal used in popular electric wiring amid worries of a strike action in the world's biggest producer Chile.
Published 28 Apr, 2021 10:29am