Technical-level talks with IMF complete: Ishaq Dar Finance minister holds back from giving timeline on when deal will be inked Published 30 Mar, 2023 01:14pm
Print Likely hike in policy rate: T-bills RoR soars to 22pc KARACHI: Rate of return on short-term government papers rose to 22 percent on expected hike in the key policy rate ... Updated 24 Mar, 2023 08:53am
Pakistan Further hike in policy rate on the cards as inflation runs deep in Pakistan Brokerage house AHL says it expects an increase of 100bps in upcoming meeting on April 4 Updated 18 Mar, 2023 03:29pm
Business & Finance Country to be on brink of default for foreseeable future: FPCCI KARACHI: President of the FPCCI Irfan Iqbal Sheikh has stressed that it is the collective wisdom of the entire... Published 10 Mar, 2023 03:46am
Print Auction for MTBs: Rs1.57trn raised against Rs1.8trn target KARACHI: The returns on short-term government papers rose to 21 percent in the auction held Wednesday, mainly due to... Updated 09 Mar, 2023 08:54am
Editorials MPS: steep rate hike to tame inflation EDITORIAL: In spite of the Monetary Policy Committee’s (MPC’s) decision to raise the discount rate to 20 percent... Published 06 Mar, 2023 06:22am
Business & Finance Businesspeople assail 300bps hike in interest rate KARACHI: Business community has termed high interest rate disastrous for industries, SMEs. Irfan Iqbal Sheikh,... Published 04 Mar, 2023 07:00am
Markets Rupee reverses losing trajectory, gains 2.38% against US dollar Currency settles at 278.46 in inter-bank market Updated 03 Mar, 2023 08:46pm
Print Policy rate hiked by 300bps to 20pc to tame inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday increased the key... Updated 03 Mar, 2023 08:53am
Print Overnight Reverse Repo (Ceiling) rate fixed at 21pc KARACHI: As the State Bank of Pakistan (SBP) has decided to increase “Policy Rate” (Target Rate) from 17 percent... Updated 03 Mar, 2023 09:00am
Opinion 300bps hike in interest rate: unbelievable! Raising interest rate by 300 basis points (bps) to 20 percent by State Bank of Pakistan is highly unbelievable. A... Published 03 Mar, 2023 06:12am
Markets SBP raises key interest rate by 300bps, takes it to 20% Monetary Policy Committee expects inflation to rise further in the next few months Also moves next MPC meeting to April 4 from April 27 Updated 02 Mar, 2023 09:20pm
Opinion Past the point of no return! For weeks noted economists and economic researchers have cited numerous indicators, like low foreign exchange... Updated 02 Mar, 2023 06:51am
Print MPC to meet today KARACHI: The emergent meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be ... Updated 02 Mar, 2023 09:13am
Print MPC to meet tomorrow: Hike in policy rate on the cards? KARACHI: The SBP’s Monetary Policy Committee (MPC) meeting has preponed and now it will be held on March 02, 2023... Updated 01 Mar, 2023 09:10am
Print MoF says inflation likely to remain high in coming months ISLAMABAD: Inflation is expected to remain high in the coming months around 28 to 30 percent consequent to uncertain... Updated 01 Mar, 2023 09:06am
Business & Finance MPC meeting on March 2: market expects 200bps hike in key policy rate In a widely expected move, the State Bank of Pakistan (SBP) on Tuesday morning announced that its Monetary Policy... Updated 28 Feb, 2023 04:59pm
Business & Finance MPC meeting preponed, will now be held on March 2, says SBP Multiple and unexpected developments on the economic front have forced the SBP to call the Monetary Policy Committee meeting earlier than scheduled Updated 28 Feb, 2023 04:46pm
Print SBP decides to convene emergent MPC meeting this week KARACHI: The State Bank of Pakistan (SBP) has decided to convene an emergency meeting of the Monetary Policy... Updated 28 Feb, 2023 09:39am
Opinion Should the MPC meeting be preponed? The most concerning and alarming element in the macro numbers is that inflation is growing out of control. Food... Published 27 Feb, 2023 06:17am
Opinion Outsourcing govt borrowing! On Friday Feb 24, a news report appeared in this newspaper that the ministry of finance (MoF) is working on a plan ... Published 27 Feb, 2023 06:17am
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
Opinion State of the economy The first six months of 2022-23 have witnessed considerable uncertainty about country’s economic prospects. ... Published 31 Jan, 2023 06:01am
Business & Finance Poor access to capital for businesses worries FPCCI chief KARACHI: Irfan Iqbal Sheikh, the president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has... Published 31 Jan, 2023 06:01am
Print SBP says curbing inflation critical to achieving growth KARACHI: The State Bank of Pakistan (SBP) believed that curbing inflation is essential for ensuring sustainable... Updated 31 Jan, 2023 09:00am
Pakistan SBP says it recognises cost of monetary tightening, but curbing inflation essential The State Bank of Pakistan (SBP) says that it recognises the short-term cost of monetary tightening on economic... Published 30 Jan, 2023 07:50pm
Print EAG concerned at ‘inadequate’ SBP response Economic Advisory Group stresses the need for meaningful reforms to achieve sustainable growth, instead of relying on policies that become a source of economic instability Updated 30 Jan, 2023 09:22am
Print Dar challenges financial figures presented by IK ISLAMABAD: Finance Minister Ishaq Dar has accused former prime minister Imran Khan of presenting inaccurate economic... Updated 28 Jan, 2023 08:44am
Opinion Prices and inflation It is quite clear that overall the monetary policy tool of raising policy rate to rein in inflation has not had any... Updated 27 Jan, 2023 07:57am
Editorials Policy rate hiked to 17pc: will it work? EDITORIAL: The most critical, albeit baffling, revelation made by the Governor State Bank of Pakistan (SBP) Jameel... Published 25 Jan, 2023 06:25am