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
Print CPHGCL urges CPPA-G to resolve issues of revolving account, forex ISLAMABAD: China Power Hub Generation Company (Pvt) Ltd (CPHGCL) has urged Central Power Purchasing Agency ... Updated 04 Aug, 2022 09:55am
Print Business entities incorporated abroad: SBP introduces two separate categories of forex, PKR accounts KARACHI: In order to facilitate the business entities incorporated abroad with majority shareholding of non-resident... Updated 03 Aug, 2022 10:04am
Markets The great fall continues: Rupee closes near 240 against US dollar Govt admits inability to intervene in foreign exchange market Updated 28 Jul, 2022 06:40pm
Markets Rupee closes at new historic low against US dollar in inter-bank market Currency depreciates for sixth successive session on Friday Updated 22 Jul, 2022 06:02pm
Pakistan SBP says concerns about Pakistan 'unfairly overblown' Acting Governor Dr Murtaza Syed says country being unfairly branded with other countries that are much more vulnerable Updated 22 Jul, 2022 05:20pm
Print Payment of Sinosure fees: PPIB requests SBP to make forex available to PMLTC ISLAMABAD: Private Power & Infrastructure Board (PPIB) has requested the State Bank of Pakistan (SBP) to make... Updated 03 Jul, 2022 09:42am
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
Markets Rupee gains for 2nd successive session, closes near 205 against dollar IMF developments and expectations of extension in oil credit facility from Saudi Arabia boost local currency Updated 29 Jun, 2022 07:18pm
Pakistan Loan of $2.3bn from China credited into SBP account, says Miftah Ismail SBP also confirms it has received the Chinese consortium loan Assistance expected to lend support to dwindling foreign exchange reserves Updated 24 Jun, 2022 08:41pm
Markets Rupee’s fall continues, dollar now at 208.75 IMF uncertainty steers further plunge in Pakistan's currency Updated 17 Jun, 2022 07:08pm
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
Markets Rupee sustains recovery against US dollar, appreciates 0.37% Optimism over resumption of IMF programme revives sentiment in money market Published 09 Jun, 2022 06:45pm
Markets After hitting record low, rupee gains against US dollar in inter-bank market Appreciates Rs1.31 to close at 201.52 on Wednesday Updated 08 Jun, 2022 08:29pm
Business & Finance Microsoft warns of forex hit, cuts forecast NEW YORK: Microsoft Corp on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest US... Published 03 Jun, 2022 08:22am
Markets Alarm bells: SBP-held foreign currency reserves fall to $9.72bn Fall $366mn on a weekly basis due to external debt repayment Total reserves held by country stand at $15.77 billion as of May 27 Published 02 Jun, 2022 08:47pm
Markets Rupee closes at two-week high of 197.87 against US dollar Hope of revival of stalled IMF programme drives positivity in inter-bank market Updated 01 Jun, 2022 06:54pm
Markets Against USD: Rupee recovers from intra-day low, closes marginally weaker at 202.01 This is the currency's 16th successive fall in the inter-bank market Updated 26 May, 2022 06:23pm
Markets 14 sessions of decline: Rupee falls to 201.41 against dollar Lack of update on IMF talks and political turmoil could hurt the rupee further Updated 24 May, 2022 07:41pm
Markets Rupee falls for 13th consecutive session, closes at 200.93 against dollar Stalemate between Pakistan and IMF largely driving the value of rupee lower Pakistan has to take harsh steps to appease the lender, analysts say Updated 23 May, 2022 08:16pm
Markets Rupee sees no respite, closes at all-time low of 200.14 against dollar Lack of clarity on IMF front and looming political and economic uncertainty takes a toll on the currency Updated 20 May, 2022 04:40pm
Markets SBP-held foreign exchange reserves plummet by $145mn to $10.16bn Total liquid foreign reserves stood at $16.16 billion as of May 13 Published 19 May, 2022 10:00pm
Markets Another record low: Rupee crosses 190 as currency's ride into oblivion continues Closes at 190.02 after a day-on-day fall of 0.72% Updated 11 May, 2022 04:38pm
Business & Finance Honda Atlas increases car prices, delivery time for higher-end Civic stays at nearly 12 months Company cites 'further increase in FOREX' as reason for passing on impact to the market Published 01 May, 2022 06:49pm
Markets Foreign exchange reserves held by SBP fall $328mn, now stand at $10.56bn Central bank says reserves have decreased due to external debt repayments Published 28 Apr, 2022 08:02pm
Business & Finance China to waive forex derivative trading fees for small companies SHANGHAI: China will waive forex derivative trading fees for small companies to help them better hedge against... Published 28 Apr, 2022 05:37am
Markets SBP-held reserves increase marginally, now stand at $10.89bn Data shows total reserves held by Pakistan amount to $17.05bn Published 21 Apr, 2022 04:19pm
Markets SBP's reserves fall another $470mn, now stand at $10.85bn State Bank says reserves fell due to external debt repayments Updated 14 Apr, 2022 06:50pm
Business & Finance SBP-held foreign exchange reserves fall another $728mn Debt repayment and government payment pertaining to settlement of an arbitration award related to a mining project reasons behind fall, says central bank Updated 07 Apr, 2022 07:38pm
Markets Rupee continues to plummet, closes at over 188 against US dollar Has now lost nearly 6% in little over a month Updated 07 Apr, 2022 09:08pm