Jul-Aug remittances soar 44pc to $5.94bn YoY KARACHI: During a challenging period when the country is striving to secure healthy foreign inflows to meet its... Published 10 Sep, 2024 06:32am
Business & Finance Forex reserves up KARACHI: State Bank of Pakistan (SBP) Thursday said the total liquid foreign reserves held by the country stood at... Published 06 Sep, 2024 08:02am
Markets SBP-held foreign exchange reserves increase $33mn, now stand at $9.44bn Total liquid foreign reserves held by the country stand at $14.74 billion Updated 05 Sep, 2024 10:30pm
Print Two remittance incentive schemes: ECC approves revisions ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved revisions to the two... Updated 30 Aug, 2024 08:51am
Markets SBP-held foreign exchange reserves increase $112mn, now stand at $9.4bn Total liquid foreign reserves held by the country stand at $14.77bn Updated 29 Aug, 2024 09:14pm
Pakistan Moody’s upgrades Pakistan’s ratings to Caa2, outlook now positive Upgrade reflects Pakistan’s improving macroeconomic conditions, says Moody's Expects IMF to approve the EFF in the next few weeks Updated 28 Aug, 2024 08:04pm
Markets SBP-held foreign exchange reserves increase $19mn, now stand at $9.3bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $19 million on a weekly basis,... Updated 22 Aug, 2024 10:41pm
Markets SBP-held foreign exchange reserves increase $119mn, now stand at $9.27bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $119 million on a weekly basis,... Updated 15 Aug, 2024 11:56pm
Print BMP underscores need for taking steps to achieve export target LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has stressed the need for... Updated 12 Aug, 2024 09:19am
Business & Finance Energy sector, SOEs and privatisation efforts: Aurangzeb highlights significant steps ISLAMABAD: Federal Minister for Finance & Revenue Muhammad Aurangzeb here on Friday highlighted recent positive... Published 10 Aug, 2024 06:51am
Markets SBP-held foreign exchange reserves increase $51mn, now stand at $9.15bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $51 million on a weekly basis,... Updated 08 Aug, 2024 10:33pm
Editorials Declining standards within the diaspora EDITORIAL: The highly disturbing picture that emerged during a recent hearing of the Senate Standing Committee on... Published 03 Aug, 2024 06:46am
Markets SBP-held foreign exchange reserves increase $75mn, now stand at $9.1bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $75 million on a weekly basis,... Published 01 Aug, 2024 07:16pm
Opinion A fragile balance of payments The statistics on the external balance of payments of Pakistan in 2023-24 were released last week by the SBP (State... Published 30 Jul, 2024 03:10am
Markets SBP-held foreign exchange reserves decrease $397mn, now stand at $9.02bn Total liquid foreign reserves held by the country stand at $14.33 billion Updated 25 Jul, 2024 11:32pm
Business & Finance Finance minister meets with Moody’s Ratings representatives ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb had a Zoom meeting with the... Published 24 Jul, 2024 06:27am
Opinion IMF programme, debt re-profiling, and debt restructuring Pakistan is facing a huge challenge in terms of debt distress. Secondly, the country is stuck in a low economic... Updated 19 Jul, 2024 07:06am
Business & Finance FX up by $59m KARACHI: The country’s total liquid foreign reserves rose by $59 million during the last week. According to State... Published 19 Jul, 2024 06:05am
Markets SBP-held foreign exchange reserves increase $19mn, now stand at $9.42bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $19 million on a weekly basis,... Updated 18 Jul, 2024 10:48pm
Opinion Some economic advice for the PM The first thing perhaps that the PM needs to understand is that the over-board monetary austerity – over-emphasis on... Updated 12 Jul, 2024 08:28am
Markets SBP-held foreign exchange reserves increase $16mn, now stand at $9.4bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $16 million on a weekly basis,... Published 11 Jul, 2024 08:24pm
Markets SBP-held foreign exchange reserves increase $494mn, now stand at $9.39bn Central bank says official inflows from multilateral agencies helped boost foreign currency reserves Published 04 Jul, 2024 07:26pm
BR Research Being Basic Automakers have often quoted lofty estimates for auto volumes in Pakistan, citing population growth and demographics... Published 28 Jun, 2024 07:29am
Markets SBP-held foreign exchange reserves decrease $239mn to fall below $9bn Central bank attributes decrease in reserves to external debt repayments Updated 27 Jun, 2024 10:15pm
Opinion State of the economy The fiscal year 2023-24 is likely to close with a mixed performance by the economy. On the positive side, there has... Published 25 Jun, 2024 06:42am
Business & Finance July-May FDI grows $224m to $1.729bn YoY KARACHI: Foreign Direct Investment (FDI) posted 15 percent growth during the first eleven months of this fiscal year... Published 22 Jun, 2024 06:47am
Business & Finance Forex reserves up $30.8m to $14.415bn: SBP KARACHI: The country’s total liquid foreign exchange reserves increased by $ 30.8 million during the last week, ... Published 21 Jun, 2024 06:37am
Markets SBP-held foreign exchange reserves increase $31mn, now stand at $9.13bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $31 million on a weekly basis,... Published 20 Jun, 2024 09:56pm
Markets SBP-held foreign exchange reserves see slight decline, stand at $9.1bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased marginally by $6 million on a weekly... Published 13 Jun, 2024 07:34pm
Markets First cut in 4 years: SBP reduces key policy rate by 150 basis points, takes it to 20.5% Says significant decline in inflation since February broadly in line with expectations, but May outturn was better than anticipated Updated 10 Jun, 2024 11:01pm