Finally, there’s light at the end of the tunnel President Dr Arif Alvi has signed the supplementary finance bill 2023 into law. This development will surely lead to... Published 24 Feb, 2023 06:00am
Markets PKR appreciates 2.45pc against USD KARACHI: The rupee appreciated 2.45% during the previous week, reportedly helped by realisation of export proceeds... Published 20 Feb, 2023 06:26am
Opinion Better late than never, or just too late? Too bad Finance Minister Ishaq Dar didn’t get to give Moody’s a “befitting reply” for downgrading... Published 16 Feb, 2023 06:08am
Editorials A further decline in remittances EDITORIAL: Remittances declined to under 1.89 billion dollars in January 2023, thereby registering a continuous... Published 16 Feb, 2023 06:08am
Print POL products’ prices jacked up ISLAMABAD: The federal government Wednesday increased the prices of petroleum products up to 8.8 percent with effect... Updated 16 Feb, 2023 08:57am
Print SBP takes steps aimed at timely realisation of export proceeds Has decided to initiate necessary action in all those cases where full export proceeds are not realized within prescribed time period as defined Foreign Exchange Manual Updated 15 Feb, 2023 12:34pm
Print Fitch further downgrades long-term foreign currency IDR to ‘CCC-’ ISLAMABAD: Fitch Ratings has downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC-”,... Updated 15 Feb, 2023 09:04am
Editorials Time is of the essence EDITORIAL: The International Monetary Fund (IMF) submitted the Memorandum of Economic and Finance Policies (MEFP) to... Published 14 Feb, 2023 05:58am
Opinion After the IMF tranche On December 16, 2021 at a Hamdard University seminar where Dr Miftah Ismail was another speaker, I had said that... Updated 14 Feb, 2023 01:05pm
Markets Week ends on optimistic note KARACHI: The Pakistani rupee witnessed an optimistic week as it appreciated 2.71% against the US dollar to close at... Published 13 Feb, 2023 05:57am
Business & Finance Raw materials, PKR, inflation: pharma industry urges govt to help resolve issues LAHORE: In the wake of increase in the prices of raw material, devaluation of Pakistani rupee and unprecedented... Published 11 Feb, 2023 07:36am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (February 10, 2023).... Published 11 Feb, 2023 06:54am
Markets Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Friday (February 10, 2023). ======================== Open Bid... Published 11 Feb, 2023 06:54am
Markets Rupee gains 1.04%, closes at 270.51 against US dollar Market optimistic over expected IMF deal Currency could remain under pressure until inflows from bilateral and multilateral institutions are materialised Updated 09 Feb, 2023 05:37pm
Markets Open market rates of foreign currencies KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday ... Published 09 Feb, 2023 06:02am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Wednesday (February 08, 2023).... Published 09 Feb, 2023 06:02am
Markets Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Wednesday (February 08, 2023). ======================== Open ... Published 09 Feb, 2023 06:02am
Editorials Forex woes EDITORIAL: Total foreign exchange reserves held by the State Bank of Pakistan (SBP) further declined to 3.08967... Published 08 Feb, 2023 06:37am
Markets Debt reprofiling viable option for Pakistan under IMF watch: report Arif Habib Limited says Pakistan has a long way to go to address macroeconomic vulnerabilities Updated 07 Feb, 2023 04:08pm
Editorials Runaway inflation EDITORIAL: Consumer Price Index (CPI) rose by 27.6 percent year on year in January against 24.5 percent the month... Published 07 Feb, 2023 06:36am
Markets A cumulative fall of 5.05pc KARACHI: Barring one session, the rupee depreciated throughout the previous week, ending with a cumulative fall of... Published 06 Feb, 2023 06:20am
Opinion The mishandling of economy continues Finance Division in the January 2023 Economic Update/Outlook noted that fiscal deficit July-November 2022 was 1169... Published 06 Feb, 2023 06:20am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (February 03, 2023).... Published 04 Feb, 2023 06:08am
Markets Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Friday (February 03, 2023). ======================== Open Bid... Published 04 Feb, 2023 06:08am
Print ‘IMF is giving Pakistan tough time’ ISLAMABAD: Prime Minister Shehbaz Sharif said on Friday the International Monetary Fund was giving his country a... Updated 04 Feb, 2023 09:30am
Technology ‘Country heading towards digital catastrophe’ ISLAMABAD: The chief executive officers of Pakistan’s largest telecom companies have warned that the country is... Updated 03 Feb, 2023 10:35am
Business & Finance Smuggling not the main reason behind USD shortage: FBR ISLAMABAD: Federal Board of Revenue (FBR) Member Customs (Operations), Mukarram Jan Ansari categorically said... Updated 03 Feb, 2023 08:54am
Opinion Time for ‘radical’ and fast-paced economic reforms — II For more than a decade, the entire PSDP (Public Secotor Development Programme) is based on foreign loans, which... Updated 02 Feb, 2023 06:42am
Editorials An enabling environment for reform EDITORIAL: The political decision, notably to dissolve the assemblies of Punjab and Khyber Pakhtunkhwa by Pakistan... Published 02 Feb, 2023 06:12am
Print Fitch says PKR to further weaken ISLAMABAD: The Pakistani rupee is expected to weaken further, particularly with the country’s balance of payments... Updated 01 Feb, 2023 11:30am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees