Meeting IMF funding gap: One friendly country has already confirmed assurance, says Miftah Finance minister says another friendly country will confirm its assurance in a day or two Updated 04 Aug, 2022 06:40pm
Business & Finance Indian rupee surges MUMBAI: The Indian rupee hit more than a five-week high on Tuesday, as under-hedged exporters dashed to cover their... Published 03 Aug, 2022 04:55am
Opinion Luxembourg banks told to freeze Ecuador assets amid Perenco dispute, documents show A Luxembourg bailiff has ordered banks to freeze assets held by Ecuador at accounts in the country as a result of a... Published 02 Aug, 2022 05:36am
Business & Finance Electricity bills taxation: Miftah addresses business community concerns Finance minister meets Markazi Tanzeem-e-Tajaran Pakistan Published 01 Aug, 2022 04:08pm
Markets Dollar sinks to 6-week low to yen on bets for less aggressive Fed TOKYO: The dollar sank to a fresh six-week low to the yen on Monday as markets continued to wager that the Federal... Published 01 Aug, 2022 10:11am
Business & Finance Russian rouble slumps to 3-week low vs dollar, euro MOSCOW: The Russian rouble slumped to a three-week low against the dollar and euro in Moscow trade on Friday,... Published 01 Aug, 2022 05:54am
Business & Finance Sterling wraps up small monthly loss against the dollar LONDON: The British pound ended July with another weak showing on Friday after US inflation data boosted the dollar... Published 30 Jul, 2022 03:39am
Print Country on the brink of collapse: APTMA KARACHI: Pakistan is currently on the brink of economic collapse. With depleting foreign currency reserves, rising... Updated 30 Jul, 2022 09:43am
Business & Finance Sterling 3-month high vs euro, falls against dollar LONDON: Sterling rallied to a new three-month high versus the euro as traders dumped the single currency on concerns... Published 29 Jul, 2022 06:14am
Markets Dollar rebounds as traders wrestle with US rate view LONDON: The US dollar rebounded across the board on Thursday as investors digested the implications of the Federal... Published 28 Jul, 2022 05:48pm
Opinion Is sovereign default inevitable? – IV In this part of the multi-part series of articles I will describe underlying current of inflows and outflows of USD... Updated 28 Jul, 2022 10:51am
Editorials Growing uncertainty must be addressed EDITORIAL: Federal Finance Minister Miftah Ismail has yet again contended that the rupee will stabilise vis-a-vis ... Published 28 Jul, 2022 04:41am
Markets Dollar slightly lower after Fed hikes by 75 basis points NEW YORK: The dollar was slightly lower on Wednesday against a basket of major currencies after the U.S. Federal... Published 28 Jul, 2022 12:44am
Business & Finance Gas woes weigh on euro, dollar gains after WalMart warning NEW YORK: The dollar rose against a basket of major currencies on Tuesday after three straight sessions of declines... Published 27 Jul, 2022 05:23am
Editorials ‘Unwarranted’ market perceptions EDITORIAL: Acting Governor State Bank of Pakistan, Murtaza Syed, while responding to a foreign news agency in ... Published 26 Jul, 2022 04:31am
Markets SBP discouraging inter-bank trade as Pakistan battles dollar shortage: report The State Bank of Pakistan (SBP) is discouraging trading in the inter-bank market, asking commercial lenders to... Updated 25 Jul, 2022 07:28pm
Markets Dollar firm as Fed meeting and growth risks hold sway SINGAPORE: The dollar was on a firm footing on Monday, as traders braced for a sharp US interest rate hike this week... Published 25 Jul, 2022 10:45am
Markets Wall Street Week Ahead Strong dollar looms over US earnings season NEW YORK: Companies reporting earnings in coming weeks are likely to mention one common factor gouging their ... Published 25 Jul, 2022 06:12am
Markets Rupee closes at new historic low against US dollar in inter-bank market Currency depreciates for sixth successive session on Friday Updated 22 Jul, 2022 06:02pm
Pakistan SBP says concerns about Pakistan 'unfairly overblown' Acting Governor Dr Murtaza Syed says country being unfairly branded with other countries that are much more vulnerable Updated 22 Jul, 2022 05:20pm
Business & Finance Euro rises vs dollar after ECB hikes faster than flagged NEW YORK: The euro jumped against the US dollar before paring gains in a choppy session on Thursday, after the... Published 22 Jul, 2022 06:07am
Business & Finance KCCI urges SBP to stop PKR from going into free fall Karachi: The Karachi Chamber of Commerce and Industry (KCCI) on Thursday termed the continuing political instability... Published 22 Jul, 2022 06:07am
Markets Alarm bells: SBP-held foreign exchange reserves down $389mn, now stand at $9.33bn Fall attributed to external debt repayments, says central bank Published 21 Jul, 2022 08:43pm
Business & Finance SBP should adopt effective strategies to stabilise rupee: Nkati KARACHI: Faisal Moiz Khan, President North Karachi Association of Trade & Industry (NKATI), while expressing ... 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 Indian rupee snaps 7-day falling streak MUMBAI: The Indian rupee snapped a seven-session falling streak on Tuesday as central bank intervention and gains in... Published 20 Jul, 2022 05:48am
Business & Finance Govt can’t afford to let value of PKR sink further: PBF Says that if dollar is not controlled, prices of petrol and electricity will increase to unimaginable levels Updated 20 Jul, 2022 09:55am
Business & Finance Skyrocketing value of dollar, detention charges to hit importers’ plans badly: LCCI LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Mian Nauman Kabir has feared that speedy... Published 20 Jul, 2022 05:48am
Business & Finance Dollar retreats as rate hike bets ease NEW YORK: The US dollar eased against a basket of currencies on Monday, retreating from the two-decade high hit last... Published 19 Jul, 2022 06:00am
Markets Dollar retreats as rate hike bets ease NEW YORK: The US dollar eased against a basket of currencies on Monday, retreating from the two-decade high hit last... Updated 18 Jul, 2022 07:15pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?