Jul-Jan: $6.134bn borrowed from multiple sources ISLAMABAD: The government has borrowed $6.134 billion from multiple financing sources including $1.166 billion from... Updated 03 Mar, 2023 08:52am
Business & Finance Forex reserves move up by $162m KARACHI: The country’s total liquid foreign exchange reserves rose by $162 million during the last week. ... Updated 17 Feb, 2023 06:38am
Business & Finance PIMEC 2023 at Expo Centre: NBP’s message of inclusivity, diversity lauded KARACHI: The National Bank of Pakistan actively participated in the Pakistan International Maritime Exhibition and... Published 13 Feb, 2023 06:51am
Print ‘Rules’ allow banks to seek asset details of civil servants ISLAMABAD: The “Sharing of Declaration of Assets of Civil Servants Rules, 2023” allows commercial banks to seek... Updated 04 Feb, 2023 09:28am
Business & Finance Forex reserves plunge by about $1bn KARACHI: The crisis of foreign exchange reserves has further escalated as the country’s total liquid forex reserves... Published 27 Jan, 2023 06:15am
Business & Finance Soap manufacturers express concern over curbs on LCs KARACHI: Pakistan Soap Manufacturers Association (PSMA) has expressed concern over the ongoing financial crisis, as... Published 18 Jan, 2023 06:22am
Business & Finance Dar says foreign exchange held with commercial banks property of citizens Finance minister rejects rumours of govt mulling seizing control of FCY funds held with commercial banks Updated 12 Jan, 2023 12:22am
Print Foreign exchange reserves at almost 9-year low level KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) reached almost nine years low level... Updated 06 Jan, 2023 09:04am
Print External sources: Jul-Nov govt borrowing rises to $5.114bn from $4.699bn YoY ISLAMABAD: The government has borrowed $5.114 billion from multiple financing sources, including $1.166 billion from... Updated 20 Dec, 2022 09:38am
Business & Finance Forex reserves stand at $6.7bn KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves did not record any major change during the... Published 16 Dec, 2022 07:31am
Print Forex reserves fall to $6.7bn on repayments KARACHI: The State Bank of Pakistan’s foreign exchange reserves decreased by $ 784 million to $6.715 billion during... Updated 09 Dec, 2022 09:22am
Print Vegetables: 400 containers stuck at seaport: PFVA KARACHI: Over 400 containers of imported vegetables are stuck at seaport due to non-availability of foreign ... Updated 07 Dec, 2022 09:50am
Markets Perishables worth $5.5mn stuck at Karachi port 'owing to dollar shortage' PFVA says 417 containers carrying vegetables i.e. onion, ginger and garlic worth approximately $5.5 million are stuck at the port Updated 06 Dec, 2022 08:34pm
Print Forex reserves fall by $134m KARACHI: The total liquid foreign exchange reserves held by State Bank of Pakistan (SBP) decreased by $134 million... Updated 25 Nov, 2022 09:44am
Business & Finance Forex reserves up by $75.2m KARACHI: The country’s total liquid foreign exchange reserves rose by $ 75.2 million during last week. According ... Updated 18 Nov, 2022 09:28am
Business & Finance Dar in talks with Dubai banks The commercial banks reposed their confidence in the current economic policies of the government and reiterated their continued support for Pakistan Updated 13 Nov, 2022 09:41am
Print Violation of regulatory instructions: SBP imposes Rs290.363m penalty on six banks KARACHI: The State Bank of Pakistan (SBP) has imposed financial penalty of Rs 290.363 million on 6 banks for... Published 29 Oct, 2022 05:55am
Business & Finance Forex reserves fall by $89m KARACHI: The country’s liquid foreign exchange reserves fell by $89 million during last week. The total liquid... Published 28 Oct, 2022 06:59am
Print SBP to complete probe soon into alleged FX manipulation KARACHI: Central bank will soon complete an investigation into alleged manipulation by commercial banks of foreign... Published 06 Oct, 2022 06:08am
Pakistan SBP to soon complete probe into alleged forex manipulation by banks: spokesperson Investigations are being carried out by the regulator and results might come soon, says Abid Qamar Published 05 Oct, 2022 07:52pm
Business & Finance Forex reserves fall by $247m KARACHI: The country’s total liquid foreign exchange reserves declined by $247 million during the last week.... Published 23 Sep, 2022 06:15am
Business & Finance Forex reserves fall by $156m KARACHI: The country’s total liquid foreign exchange reserves dropped by $156 million during last week due to... Published 16 Sep, 2022 06:40am
Pakistan ‘PM Flood Relief Fund’ established ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Wednesday appealed to everyone to donate... Published 25 Aug, 2022 06:42am
Business & Finance Debt servicing: Forex reserves fall by over $2bn in 5 weeks Total liquid foreign exchange reserves plunge to $13.56 billion Updated 12 Aug, 2022 10:31am
Business & Finance FPCCI asks govt to appoint SBP governor ‘within 48 hours’ KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded the appointment of a... Published 22 Jul, 2022 06:07am
Opinion Stop ‘subsidising’ banks and others There are several indices that are used across the free world that rank individual countries on measures of economic... Published 21 Jul, 2022 05:40am
Business & Finance Lack of timely payments by banks: Importers facing demurrage & detention charges: FPCCI LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Chairman Muhammad Nadeem Qureshi... Published 21 Jul, 2022 05:40am
Business & Finance Trade finance availability: OMAP urges govt to ask banks to increase limit LAHORE: Country’s oil sector on Wednesday demanded the government to direct banks for enhancing trade finance/LC... Published 14 Jul, 2022 05:00am
Business & Finance Forex reserves fall by $453m KARACHI: The country’s total liquid foreign exchange reserves declined by $453 million to $ 15.742 billion at the... Published 08 Jul, 2022 07:21am
Pakistan Banking Mohtasib urged to reduce duration of complaints registration PESHAWAR: Traders here on Tuesday urged the Federal Banking Mohtasib (Ombudsman) Pakistan to reduce the duration of... Published 06 Jul, 2022 07:31am