Dollar tracks Treasury yields higher, bitcoin holds firm LONDON: The dollar edged higher on Tuesday, tracking a rise in U.S. Treasury yields as investors questioned whether... Published 09 Jan, 2024 07:05pm
Markets Dollar pulls back, bitcoin jumps ahead of ETF approval deadline SINGAPORE: The dollar paused its rally on Tuesday, as traders reaffirmed their bets for a slew of Federal Reserve... Published 09 Jan, 2024 10:17am
BR Research Repatriation back on track? The repatriation of dividends and profits hit a snag in FY23 where the payments of foreign direct investment were... Published 09 Jan, 2024 09:16am
Print ECs can import dollars in cash through cargo or security companies KARACHI: The State Bank of Pakistan (SBP) Tuesday night allowed the Exchange Companies import of cash US dollars... Updated 26 Jul, 2023 04:21pm
Print IPSs settlement: Banks can buy dollars from interbank market: SBP KARACHI: The State Bank of Pakistan (SBP) Wednesday allowed banks to purchase US dollars from interbank for... Updated 01 Jun, 2023 09:04am
Markets Rupee stablises, settles at 283.82 against US dollar Currency appreciates 0.02% in inter-bank market Updated 04 May, 2023 06:44pm
Markets Dollar eases as US inflation cools SINGAPORE: The dollar was on the back foot on Thursday after cooler-than-anticipated US inflation data lifted risk... Published 13 Apr, 2023 10:07am
Editorials Rise in workers’ remittances EDITORIAL: The State Bank of Pakistan (SBP) website notes a rise in March 2023 remittances to 2.532 billion dollars... Updated 13 Apr, 2023 07:06am
Opinion How McDonald’s makes money For consumers McDonald’s is a fast-food chain. However, since the advent of McDonald’s, it has never made... Published 08 Mar, 2023 06:20am
Markets Argentina crop BUENOS AIRES: Argentina’s crops brought in 74% fewer export dollars in February, from a year earlier, an industry... Published 02 Mar, 2023 06:23am
Markets Dollar hovers near six-week high as economies strengthen LONDON/SINGAPORE: The dollar was little changed on Wednesday, continuing to trade near six-week highs on the back of... Published 22 Feb, 2023 02:33pm
Markets Rupee back to winning ways, settles at 261.9 against US dollar Currency records appreciation of 0.23% in inter-bank market Updated 22 Feb, 2023 08:09pm
Business & Finance Indus Motor raises Toyota car prices for a third time in 2023 Hike goes as high as Rs890,000 Updated 14 Feb, 2023 07:31pm
Business & Finance Netflix lays out plans to crack down on account sharing NEW YORK: Netflix Inc on Wednesday laid out plans to crack down on password sharing for accounts on its streaming... Published 13 Feb, 2023 05:57am
Business & Finance PBC satisfied with SBP’s steps aimed at managing liquidity KARACHI: A Pakistan Business Council (PBC) delegation, led by its Chairman Muhammad Aurangzeb met the Governor of ... Published 31 Jan, 2023 06:01am
Business & Finance SBP’s foreign exchange reserves up KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $258 million during the last week.... Published 20 Jan, 2023 06:10am
Business & Finance OECD sees revenue gains from new tax pact reaching $250bn PARIS: New cross-border corporate tax rules could yield about a quarter of a trillion dollars in extra revenue for... Published 19 Jan, 2023 05:58am
Editorials We’re not acting prudently, so to speak EDITORIAL: The Sensitive Price Index (SPI) for the week ending 12 January 2023 rose by 31.75 percent year-on-year... Published 17 Jan, 2023 06:02am
Pakistan Experts characterise pledges of $9bn as ‘great success’ LAHORE: Terming the Geneva moot as good omen for the country, experts said that pledges of over US nine billion... Published 12 Jan, 2023 05:51am
Markets Upcoming Chinese holiday, high coal stocks keeping lid on Australian trade SINGAPORE/ MELBOURNE: Chinese interest in Australian coal has been limited by the upcoming Lunar New Year holiday ... Published 12 Jan, 2023 05:51am
Opinion Floods 2022 In 2022, record heavy floods in the country caused an estimated economic loss of more than 30 billion dollars. Over... Published 08 Jan, 2023 03:48am
Business & Finance Heimtextil-2023: Visa denial to rob exporters of orders worth millions of dollars KARACHI: Pakistan is likely to lose export orders worth millions of dollars because a number of exporters intending... Published 06 Jan, 2023 05:58am
Markets Dollar firm in calm before CPI and central bank storm SINGAPORE: The dollar was firm on Tuesday leading in to the release of US inflation data and the final Federal... Published 13 Dec, 2022 09:31am
Business & Finance Govt urged to allow traders to buy dollars from market KARACHI: President of the Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has suggested to the... Published 13 Dec, 2022 05:58am
Pakistan Govt has no strategy to tackle economic crisis: ex-minister LAHORE: Pakistan Tehreek-e-Insaf Central Punjab General Secretary Hammad Azhar has said that a new government with a... Published 06 Dec, 2022 05:58am
Print Import of coal: CPHGC approaches PMO for approval of foreign exchange ISLAMABAD: M/s China Power Hub Generation Company (Private) Limited (CPHGC) has approached Prime Minister Office... Published 02 Nov, 2022 04:37am
Markets Rupee falls 0.43% against US dollar as political temperature rises Currency ended its three-session appreciation run to settle at 220.68 against US dollar Updated 26 Oct, 2022 06:57pm
Opinion Understanding the forex market The last few months have been a roller coaster for the Pakistani Rupee (PKR) and there is a lot of talk about market... Published 23 Oct, 2022 03:21am
Editorials Trade deficit declines EDITORIAL: The trade deficit for the first quarter 2022-23 registered negative 9.2 billion dollars against 11.7... Published 06 Oct, 2022 05:59am
Business & Finance PHMA for restoring old electricity tariff for textile sector FAISALABAD: Immediate restoration of old electricity tariff for textile sector is imperative to save national ... Published 06 Oct, 2022 05:59am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
