FY23 CAD will likely present a pleasant prospect Experts expect it to clock in at $8.7 billion or 2.3% of GDP Updated 09 Aug, 2022 09:24am
Pakistan Govt was left with few options to avert default: Miftah Ismail Finance minister says rupee's movement determined by market dynamics and SBP did not intervene Says import ban on CBUs of cars, mobiles and home appliances will remain in place till September 2022 Updated 06 Aug, 2022 04:49pm
Business & Finance Govt to limit imports for next 3 months: Miftah Finance minister says government ready to risk slow down in growth Updated 06 Aug, 2022 12:12pm
Markets July 2022: KSE-100 Index tumbles by 3.3pc MoM KARACHI: The Pakistan Stock Exchange remained under pressure and the benchmark KSE-100 Index witnessed a decline of... Published 02 Aug, 2022 05:36am
Print PKR slide: govt feels so helpless because there’s IMF condition Political uncertainty has been taking toll on local currency Updated 28 Jul, 2022 11:21am
Markets Political crisis, rupee’s devaluation: Prices of essential kitchen items witness upward trend ISLAMABAD: Amid political crisis and devaluation of Pak rupee, the prices of essential kitchen items have witnessed... Published 24 Jul, 2022 05:04am
Business & Finance PBF, PFIA urged govt to arrest uncontrolled appreciation of $ LAHORE: Pakistan Business Forum (PBF) Lahore chapter and Pakistan FMCG Importers Association (PFIA) have urged the... Published 22 Jul, 2022 06:07am
BR Research Currency – snowballing? A negative feedback loop reigns over the currency market, creating a snowball effect. This is why investor ... Published 20 Jul, 2022 08:55am
Business & Finance FPCCI body concerned over decline in PKR value KARACHI: Rafique Suleman Convener FPCCI Central Standing Committee on Rice has expressed serious concern over the... Published 20 Jul, 2022 05:48am
Business & Finance PTCL Group posts 5.7pc revenue growth in first half of 2022 KARACHI: Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services... Published 19 Jul, 2022 06:00am
Opinion Govt policy still shrouded in mist This is apropos a Business Recorder editorial “PM’s ‘strategic roadmap’” carried by the newspaper on... Published 06 Jul, 2022 05:35am
Markets Rupee resumes fall, depreciates marginally against dollar Currency loses 0.12% as market factors in declining SBP reserves Updated 24 Jun, 2022 07:43pm
Business & Finance IMF deal to bring stability, says Mian Zahid KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ... Published 24 Jun, 2022 06:15am
Pakistan ‘Tough decisions’ imperative to stabilise economy: Analysts LAHORE: Terming the ‘tough decisions’ taken by the incumbent government as timely, political activists and... Published 05 Jun, 2022 05:54am
Markets Stocks jump after govt scraps fuel price freeze KARACHI: Pakistan Stock Exchange on Friday witnessed a long-awaited bull run after the government finally announced... Published 28 May, 2022 05:11am
Pakistan Political parties urged to reduce instability KARACHI: Chairman of National Business Group Pakistan and President of Pakistan Businessmen and Intellectuals ... Published 25 May, 2022 04:40am
Business & Finance LCCI urges govt to take measures to arrest dollar flight LAHORE: The Lahore Chamber of Commerce and Industry Friday urged the government to take immediate measures to arrest... Published 21 May, 2022 04:34am
Markets All-time low: Rupee closes at 200 in inter-bank trading for first time against US dollar Investors concerned about government's inability to implement IMF conditions related to revival of stalled $6 billion EFF programme Updated 19 May, 2022 08:02pm
Opinion Economy: it now is a matter of urgency How ironic it is that the rupee has been falling against the US dollar consistently. According to noted economists,... Published 19 May, 2022 05:29am
Markets Rupee closes at 194.18 against USD, cumulative depreciation in one month hits 6.5% Lack of clarity on economic policy and falling foreign exchange reserves as well as dollar's strength have contributed to currency's decline Updated 16 May, 2022 07:43pm
Business & Finance PKR slide: business leaders underscore need for reviewing free float policy KARACHI: Policy of free float of rupee should be revisited by the country’s new economic team, as sharp... Published 13 May, 2022 05:59am
Markets Positivity returns, KSE-100 jumps 319 points Positivity returned to the Pakistan Stock Exchange (PSX) on Thursday, as the benchmark KSE-100 Index accumulated... Published 14 Apr, 2022 04:57pm
Markets U-turn: Rupee posts massive recovery against US dollar, closes at 184.68 Gains 1.9% from Thursday's level, biggest percentage increase on a daily basis since April 2020 Updated 08 Apr, 2022 07:37pm
Markets PKR ends lower against USD KARACHI: The rupee ended 0.3% lower against the US dollar during the previous week, despite having registered a gain... Published 31 Jan, 2022 04:56am
Markets Rupee breaks losing streak, gains against US dollar Closes at 176.24 in inter-bank market Updated 21 Jan, 2022 06:09pm
Markets Pakistan's rupee registers back-to-back gains against US dollar Closes at 176.23 in inter-bank market on Wednesday Updated 12 Jan, 2022 07:35pm
Print Tax exemptions to go: Tarin KARACHI: Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin Friday said the government will not... Updated 27 Nov, 2021 12:32pm
Business & Finance LCCI delegation tells President: Rising inflation, PKR slide hitting all sectors of economy LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Tuesday informed President Dr Arif Alvi that... Published 24 Nov, 2021 05:18am
Print Banks warned against exchange rate speculations KARACHI: The State Bank of Pakistan (SBP) has taken strict notice of the volatile exchange rate and warned banks to... Updated 19 Nov, 2021 10:09am
Pakistan Punjab govt's liabilities swell on rupee slide LAHORE: The Punjab government's liabilities have bulged by Rs 77 billion in the third quarter of the calendar year... Updated 06 Nov, 2021 12:30pm