Saudi Arabia extends term of $3bn deposit: SBP SBP says extension is continuation of support provided by Saudi Arabia to Pakistan Updated 02 Dec, 2022 08:46pm
Markets Rupee remains stable at 223.95 against US dollar The currency faced minor fluctuations throughout the trading session Updated 29 Nov, 2022 09:16pm
Business & Finance BMP urges govt to ‘rescue’ economy, as currency crisis deepens LAHORE: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce & Industry has asked the... Published 28 Nov, 2022 05:48am
Business & Finance Payments to Google: SBP rejects allegations KARACHI: Recent news circulating in some sections of the media that certain payments to Google are stuck at the... Updated 27 Nov, 2022 09:43am
Opinion Maritime sector Even after 75 years since its creation, Pakistan has never paid its utmost attention to its maritime sector. The ... Published 23 Nov, 2022 05:55am
Business & Finance Rouble holds between 60-61 vs dollar MOSCOW: The Russian rouble traded in a narrow range against the dollar on Friday, weighed down by oil prices... Published 21 Nov, 2022 05:59am
Editorials Dip in remittances EDITORIAL: Remittance inflows, a desired form of inflows like exports, declined to 9,900.5 million dollars... Published 18 Nov, 2022 05:53am
Markets Pakistan’s perceived default risk worsens 'owing to IMF uncertainty' Expert says CDS would normalise after inflows from friendly countries and global lender are realised Updated 16 Nov, 2022 06:26pm
Markets Rupee's appreciation run ends, settles at 221.64 against US dollar Currency loses 0.1% in inter-bank market Updated 11 Nov, 2022 06:40pm
Pakistan SBP, FIA team up to take action against illegal forex operators KARACHI: The State Bank of Pakistan (SBP) and Federal Investigation Agency (FIA) have decided to take joint action... Published 09 Nov, 2022 03:41am
Print SBP takes big step to contain forex outflow KARACHI: In a major move to contain the outflow of foreign exchange from the country, the State Bank of Pakistan... Updated 09 Nov, 2022 09:35am
Print OICCI members: FBR urged to clear Rs80bn refunds ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the chairman Federal Board of... Updated 02 Nov, 2022 09:42am
Business & Finance Storage facilities for agri commodities: SBP urged to incentivise private banks to increase lending ISLAMABAD: The Competition Commission of Pakistan (CCP) has recommended to the State Bank of Pakistan (SBP) to... Published 18 Oct, 2022 06:02am
Pakistan APTMA concerned over arrest of Hamid Zaman LAHORE: All Pakistan Textile Mills Association (APTMA) has expressed deep grief and concerns over the arrest of its... Published 11 Oct, 2022 05:54am
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
Business & Finance LCCI urges ministers, SBP to solve problems faced by importers LAHORE: The Lahore Chamber of Commerce & Industry has expressed its profound concern over the issue of approval... Published 04 Oct, 2022 05:55am
Markets Full compensation sought for all companies: Oil industry suffers Rs50bn losses due to forex issues LAHORE: The oil industry has suffered a loss of Rs 50 billion on account of foreign exchange losses between July 1,... Published 03 Oct, 2022 05:52am
Opinion Dar, diplomacy & economic viability–II Pakistan is still relying on the traditional methods to generate foreign exchange. The major export items to the USA... Published 02 Oct, 2022 05:48am
Print PKR consideration of CE transactions thru bank accounts made mandatory KARACHI: In order to promote documentation and transparency in the foreign exchange transactions, the State Bank of... Updated 01 Oct, 2022 11:04am
Print No ban on transit trade transactions: SBP KARACHI: The State Bank of Pakistan (SBP) on Wednesday said that there is no ban on transit trade transactions... Updated 29 Sep, 2022 09:47am
BR Research Much ado about nothing? Banks are under scrutiny for making so called exuberant profits on foreign exchange earnings. Some of have made more... Published 22 Sep, 2022 09:01am
Business & Finance Indian rupee sees worst week in five MUMBAI: The Indian rupee marked its worst week in five on Friday, as risk sentiment was hit by the Chinese yuan... Published 19 Sep, 2022 05:45am
Editorials Spurring forex inflows need of the hour EDITORIAL: Home remittances inched up from the previous month to $2.7 billion in August 2022. However, in the first... Published 16 Sep, 2022 06:04am
Business & Finance Restrictions still in place for import of raw materials, says FPCCI KARACHI: Acting President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Suleman Chawla has... Published 15 Sep, 2022 05:57am
Markets IPPAC seeks to discuss arbitration, other issues with Secretary Power ISLAMABAD: The Independent Power Producers Advisory Council (IPPAC) has sought appointment from Secretary Power this... Published 13 Sep, 2022 06:12am
Business & Finance PAJCCI chief apprises Miftah, Naveed of bilateral, transit trade issues KARACHI: Chairman Pakistan Afghanistan Joint Chamber of Commerce and industry (PAJCCI), Zubair Motiwala has... Published 01 Sep, 2022 05:50am
Print Import of spare parts, machinery: IPPs demand withdrawal of curbs ISLAMABAD: Independent Power Producers (IPPs) have urged the government to lift restrictions on import of spare ... Updated 26 Aug, 2022 09:45am
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
Business & Finance Pakistan’s REER falls to 93.2 in July A Real Effective Exchange Rate below 100 means a country’s exports are competitive, while imports are expensive Updated 24 Aug, 2022 06:37pm
Opinion PARTLY FACETIOUS: Nawaz Sharif’s exposure to British culture limited to… “I tell you it’s Rwanda or bust!” “So you reckon instead of London plans and need I add all three leaders ... Published 19 Aug, 2022 05:57am
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?