Business & Finance SBP initiates strict monitoring of forex operations KARACHI: In order to control the volatility in the exchange rate, the State Bank of Pakistan (SBP) has initiated... Updated 04 Aug, 2022 10:36am
Print Forex consumption: FPCCI urges SBP to issue strategy paper KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has urged the State Bank of Pakistan... Updated 02 Aug, 2022 10:05am
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
Pakistan Moody's, Fitch expect Pakistan to secure $1.2bn IMF bailout package Fitch, however, cautions Pakistan’s ability to complete the current programme and maintain a credible policy path that supports further financing remains highly uncertain Updated 27 Jul, 2022 03:38pm
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
BR Research Fuel reserves: poor timing? June 2022 was the third time when monthly imports (PBS) crossed $7.5 billion. In earlier instances, there were... Published 22 Jul, 2022 08:57am
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 IMF's staff-level agreement a credit positive for Pakistan: Moody’s Agreement paves way for release of $1.2 billion in IMF financing, says Moody's Updated 18 Jul, 2022 06:03pm
Print MoF makes guidelines on lending to provinces, PSEs Funds for forex payments will require approval of External Finance Wing of Finance Division Updated 14 Jul, 2022 10:26am
World Global economic outlook has 'darkened significantly': IMF WASHINGTON: The global economic outlook has "darkened significantly" and could deteriorate further, the IMF's... Published 14 Jul, 2022 12:16am
Print Selected bank branches to open today KARACHI: The State Bank of Pakistan (SBP) has asked the banks for opening of selected branches on Friday July 8, ... Published 08 Jul, 2022 05:36am
Markets SBP-held foreign exchange reserves go over $10bn after Chinese loan Total liquid foreign reserves held by the country stood at $16.2bn as of Jun 24, says central bank Published 30 Jun, 2022 07:53pm
Business & Finance SPCCI calls for taking steps to end economic morass ISLAMABAD: The South Punjab Chamber of Commerce and Industry members have urged the government to sail the country... Published 29 Jun, 2022 07:27am
Opinion How can Pakistan avoid Sri Lanka’s path? Pakistan continues to burn its foreign exchange at an alarming rate and is exhausting all of its hopes to turn ... Published 29 Jun, 2022 05:44am
Markets Delay in Forex payment: PMLTC seeks help of Chinese embassy ISLAMABAD: M/s Pak Matiari-Lahore Transmission Company (Private) Limited (PMLTC) has approached the Chinese embassy... Published 28 Jun, 2022 06:10am
Print PM forewarns of ‘very tough’ IMF conditionalities ISLAMABAD: Prime Minister Shehbaz Sharif Monday said that having steered Pakistan out of the verge of bankruptcy,... Updated 28 Jun, 2022 09:51am
Print High-quality coal from Afghanistan: PM approves import in rupees ISLAMABAD: Prime Minister Shehbaz Sharif on Monday approved the import of high-quality coal from Afghanistan in... Updated 28 Jun, 2022 09:37am
Business & Finance PHMA chairman slams 10pc supertax on major industries FAISALABAD: Mian Kashif Zia Chairman of the Pakistan Hosiery Manufacturers and Exporters Association (North Zone),... Published 26 Jun, 2022 05:44am
Supplements Will our exports keep growing, or will further growth be throttled? TEXT: For the last two years Pakistani exports have been growing at the phenomenal rate of 25%. This after a decade... Published 25 Jun, 2022 04:42am
Markets Critical level: SBP-held foreign exchange reserves plummet to $8.24bn Massive decrease of $748mn occurs on a weekly basis SBP says reserves expected to increase in coming days on realisation of proceeds of CDB loan Published 23 Jun, 2022 07:34pm
Opinion Demystifying FDI In an article carried by this newspaper on May 15, 2022 I gave the projected foreign exchange cash flow of the state... Updated 23 Jun, 2022 09:34am
Business & Finance Record $57m landed in RDAs, says PM ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday thanked overseas Pakistanis for sending $ 57million inflow, ... Published 23 Jun, 2022 06:05am
Markets Critical level: SBP-held foreign exchange reserves fall to $8.99bn, lowest since Nov 2019 Decrease another $241mn on a weekly basis Published 16 Jun, 2022 09:31pm
Business & Finance ‘Pro-HEVs policies can bring substantial savings’ KARACHI: Pakistan can achieve substantial savings due to policies favouring Hybrid Electric Vehicles (HEVs). The... Published 12 Jun, 2022 06:55am
Markets Remittances fall 25.4% month-on-month to $2.3bn in May 2022 Fall comes due to post-Eid decline, long holidays, says SBP Updated 10 Jun, 2022 06:29pm
Markets Alarm bells: SBP-held foreign exchange reserves fall to $9.23bn Decrease another $497mn on a weekly basis due to external debt repayment Published 09 Jun, 2022 09:45pm
Pakistan Sindh CS promises to resolve issues of rice exporters KARACH: Dr Sohail Rajput, Chief Secretary Sindh on Wednesday said the government of Sindh will extend full support ... Published 09 Jun, 2022 06:18am
Business & Finance FY23 budget: EFS may be amended to restore GST-free procurement of inputs ISLAMABAD: The government is expected to make major amendments to the Export Facilitation Scheme (EFS), 2021 in... Published 07 Jun, 2022 05:47am
Print Using RMB/PKR in bilateral trade: PM directs SBP to hold meetings with Chinese banks Finance Division has been directed to take immediate measures to address the liquidity issues of CPEC IPPs Updated 06 Jun, 2022 09:42am
Markets Official spot rate shed by Rs1500 within week LAHORE: The official spot rate Committee of the Karachi Cotton Association (KCA) on Saturday decreased the spot rate... Published 05 Jun, 2022 05:54am