Economists list factors behind pressure on PKR ISLAMABAD: Smuggling of the dollar, increase in trade deficit, non-materialization of funds from friendly countries... Updated 15 Sep, 2022 09:59am
Markets Remittance inflow stands at $2.72bn in August, increases 7.9% month-on-month Saudi Arabia remains most significant contributor to workers’ remittances with $692mn in August 2022 Updated 13 Sep, 2022 12:27pm
Print Miftah estimates losses at $18.5bn LAHORE: The Federal Minister for Finance & Revenue Miftah Ismail Saturday directed the Chairman FBR and Governor... Updated 11 Sep, 2022 10:44am
Business & Finance SBP reserves increase by $1.103bn to $8.799bn KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan increased by $1.103 billion ... Published 09 Sep, 2022 06:58am
Print PM approves 10,000MW solar energy generation plan ISLAMABAD: Prime Minister Shehbaz Sharif has approved the plan of generating 10,000-MW cheaper electricity through... Updated 02 Sep, 2022 09:48am
Business & Finance SBP’s reserves fall by $113m to $7.697bn KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $113... Published 02 Sep, 2022 06:00am
Business & Finance $1.16bn IMF tranche received KARACHI: Pakistan on Wednesday night received much awaited foreign inflows amounted to $1.16 billion from... Updated 01 Sep, 2022 09:32am
Business & Finance Economy: MoEA report debates similarities, differences with Sri Lanka ISLAMABAD: Pakistan’s strong economic relations with China, the UAE, and Saudi Arabia have always provided a... Published 31 Aug, 2022 05:50am
Opinion Pakistan – a perennial Fund borrower Twenty-third International Monetary Fund (IMF) programme, on average three year per programme, in our 75 years of... Updated 29 Aug, 2022 02:46pm
Markets Alarming level: SBP-held foreign exchange reserves fall $87mn, now stand at $7.8bn Total liquid forex reserves held by Pakistan stand at $13.52 billion Published 25 Aug, 2022 07:52pm
Editorials IMF augments the EFF EDITORIAL: The Resident Representative of the International Monetary Fund (IMF) in Islamabad informed Business... Published 19 Aug, 2022 05:57am
Business & Finance Economic mess: Pasha offers a solution LAHORE: Former Federal Finance Minister and renowned economist Dr Hafiz A Pasha has said that promotion of exports,... Published 19 Aug, 2022 05:57am
Print SBP’s reserves up $67m to $7.897bn KARACHI: the State Bank of Pakistan’s foreign exchange reserves rose by $ 67 million during last week. With ... Published 19 Aug, 2022 05:57am
Markets SBP-held foreign exchange reserves rise $67mn, now stand at $7.9bn Total liquid forex reserves held by Pakistan stand at $13.61 billion Updated 19 Aug, 2022 12:21am
Business & Finance July remittances down 8pc YoY KARACHI: Inflows of workers’ remittances fell by 8 percent during the first month of this fiscal year (FY23), the... Published 17 Aug, 2022 06:07am
Markets Barring Sri Lanka: Pakistan's rupee worst performer in region during 2022 Posts depreciation of 17.5% YTD despite 10 sessions of gains Published 15 Aug, 2022 06:43pm
Business & Finance Former FPCCI chief concerned over low level of forex reserves LAHORE: As the foreign exchange reserves of the central bank have fallen to the critical level of $8.39 billion due... Published 13 Aug, 2022 05:21am
Markets Critical: SBP-held foreign exchange reserves fall $555mn, now stand at $7.83bn Decrease due to external debt repayments, which are expected to moderate during the next three weeks of this month, says central bank Published 11 Aug, 2022 08:27pm
Markets Forex reserves fall by $206m KARACHI: The country’s total liquid foreign exchange reserves declined by $ 206 million during last week due to... Published 05 Aug, 2022 06:27am
Markets Critical level: SBP-held foreign exchange reserves fall to $8.39bn Reserves decreased by another $190mn due to external debt and other payments Published 04 Aug, 2022 07:34pm
Business & Finance Asia posts biggest 6-month drop in FX reserves since 2015-16 SINGAPORE: Foreign exchange reserves in Asia have recorded their biggest six-month decline in years, a testament to... Published 02 Aug, 2022 05:36am
Markets Asia posts biggest 6-month drop in FX reserves since 2015-16 SINGAPORE: Foreign exchange reserves in Asia have recorded their biggest six-month decline in years, a testament to... Updated 01 Aug, 2022 02:05pm
Editorials Economy: light at the end of the tunnel? EDITORIAL: The federal ministry of finance has uploaded the Monthly Economic Update for July on its website which... Published 01 Aug, 2022 06:51am
Print MoF, SBP highlight economic challenges KARACHI: The Ministry of Finance and State Bank of Pakistan (SBP) on Sunday night issued a joint statement on the... Updated 01 Aug, 2022 09:24am
Business & Finance Forex reserves dip by $827m KARACHI: The country’s total foreign exchange reserves sharply declined by $ 827 million during the last one week... Published 29 Jul, 2022 06:14am
Markets Critical level: SBP-held foreign exchange reserves down $754mn, now stand at $8.58bn Fall attributed to external debt, other payments, says central bank Updated 28 Jul, 2022 10:45pm
Business & Finance Forex reserves dip by $369m KARACHI: The country’s total liquid foreign reserves dropped by $369 million during the last week due to external... Published 22 Jul, 2022 07:07am
Print Non-availability of forex: CPHGC lands in hot water as SBP stops payments Suspension of payments causes it to default on payments to its coal suppliers Updated 22 Jul, 2022 09:38am
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
Editorials Joblessness: Is the crisis for real? EDITORIAL: The economic activities are slowing down. Both monetary and fiscal policies are working by design under... Published 21 Jul, 2022 05:40am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn