Majority expects status quo in State Bank's upcoming MPC meeting Meeting is scheduled to be held on January 24 SBP has raised the interest rate in its three previous MPC meetings by a cumulative 275 basis points Updated 20 Jan, 2022 06:21pm
Markets BOJ raises inflation forecasts, maintains ultra-easy policy TOKYO: The Bank of Japan upgraded its inflation forecasts on Tuesday and said risks to the price outlook were evenly... Published 18 Jan, 2022 10:27am
Print FY23: World Bank projects 4pc GDP growth rate for Pakistan ISLAMABAD: The World Bank has projected Pakistan’s GDP growth rate at 4 percent for 2022-23, benefiting from... Updated 12 Jan, 2022 10:27am
Opinion 2022: More of the same? In the economic arena the calendar year 2021 remained dominated by the International Monetary Fund’s (IMF’s)... Updated 03 Jan, 2022 09:07am
Business & Finance Turkey’s lira slides 5pc; cenbank says it will monitor forex risks ISTANBUL: The Turkish lira weakened for the third consecutive day on Wednesday, tumbling 5.6% and eating further ... Published 30 Dec, 2021 04:40am
Markets Turkish lira slides 6%; Brazil mall operators jump Turkey's lira slid another 6% on Wednesday, and Brazil's real and the Colombian peso also fell, while shares in... Updated 29 Dec, 2021 08:42pm
Opinion The entity is bankrupt: surgery is required—II The most authentic document on Pakistan’s (organized) economy is the Pakistan Economic Survey. The Survey for... Updated 29 Dec, 2021 03:59pm
Print July-Nov: C/A deficit yawns to $7.1bn Karachi: The country’s current account posted over $7 billion deficit during the first five months of this fiscal... Updated 21 Dec, 2021 03:55pm
BR Research Banks and SBP go head-to-head The SBP and commercial banks are heads on. SBP through its policy decision and communication attempted to cool off... Published 17 Dec, 2021 08:05am
BR Research MPS: finally, getting the signaling right! Its 100bps increase to 9.75 percent! Forward guidance is also much clearer: “end goal of mildly positive real... Published 15 Dec, 2021 09:24am
Markets IMF warns Bank of England against inaction on inflation LONDON: The International Monetary Fund warned the Bank of England on Tuesday to avoid an 'inaction bias' in its... Published 14 Dec, 2021 04:57pm
Business & Finance 3rd successive hike: SBP increases key interest rate by 100 basis points, takes it to 9.75% Interest rate has now cumulatively increased 275 basis points in the previous three announcements Updated 14 Dec, 2021 05:11pm
BR Research MPC: Prudent approach is a measured increase The monetary policy is due today. Hike in market rates implies 175-200 bps increase in the policy rate. Prior to the... Published 14 Dec, 2021 08:11am
Markets Wall Street rises as inflation data meets estimates NEW YORK: U.S. stock indexes rose on Friday after data showed consumer prices rose largely in line with estimates... Published 11 Dec, 2021 04:12am
BR Research Fear & Greed: ‘if wishes were horses..’ The monetary policy meeting is scheduled for Tuesday. A mere look at the yield curve implies that the policy rate... Published 10 Dec, 2021 08:16am
Markets Bears dominate bourse, KSE 100 drops 328 points The Pakistan Stock Exchange's (PSX) benchmark KSE-100 Index remained in the negative territory, amid lack of ... Updated 09 Dec, 2021 05:52pm
Business & Finance There must be no further hike in SBP’s policy rate: BMP KARACHI: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on... Published 06 Dec, 2021 06:19am
Opinion PARTLY FACETIOUS: Monetary policy is not a detail “We have yet to reach the communication technology of today.” “Hey it’s expensive, and hey getting more... Published 01 Dec, 2021 03:52am
Business & Finance MPS: SBP addresses concerns KARACHI: Over the past few weeks, certain sections of the media including op-eds have expressed concerns over the... Published 30 Nov, 2021 05:23am
Business & Finance German inflation hits 29-year high in November FRANKFURT: German consumer prices hit a 29-year high in November, preliminary data showed Monday, as soaring energy... Published 30 Nov, 2021 05:23am
Opinion Panic over forex reserves? There is a sense of panic at the SBP (State Bank of Pakistan) and MoF (Ministry of Finance) over curtailing growing... Updated 28 Nov, 2021 06:19am
Opinion Less said the better? BoE considers communication reset The Bank of England is rethinking how it signals what its next monetary policy steps are likely to be, after a... Published 27 Nov, 2021 05:08am
Business & Finance SBP chief outlines factors leading to tapering monetary stimulus 'a bit faster' In interview with CNBC, Dr Reza Baqir says higher-than-anticipated current account deficit among reasons for interest-rate hike Updated 24 Nov, 2021 08:06pm
BR Research IMF review: apprehensions abound Finally, the wait is over. Yet, the anxiety is not. The IMF mission’s concluding statement is out. Staff level... Updated 23 Nov, 2021 09:22am
Print Sixth review under $6bn EFF: IMF, govt reach staff-level agreement ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on policies and... Published 23 Nov, 2021 03:54am
Print Inflation: SBP says it only issues forecasts KARACHI: The State Bank of Pakistan (SBP) Monday said that it only issues forecast and not fixes the inflation... Updated 23 Nov, 2021 09:55am
Print Deal with IMF not far away: ex-SBP chief ISLAMABAD: Pakistan and International Monetary Fund (IMF) are not far away from reaching an agreement on State Bank... Updated 22 Nov, 2021 09:58am
Business & Finance Monetary policy: Experts say rate hike higher than expected Market expected interest-rate increase of up to 100 basis points Updated 19 Nov, 2021 09:20pm
Markets China's central bank to keep policy ‘flexible, targeted’, says property risks under control HONG KONG/BEIJING: China's central bank on Friday said it would keep its prudent monetary policy "flexible and... Published 19 Nov, 2021 06:32pm
Markets Monetary policy: SBP raises key interest rate by 150 basis points, takes it to 8.75% Also announces revised schedule of upcoming MPC meetings Next announcement to be made on December 14, says central bank Updated 19 Nov, 2021 07:41pm
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?