Hot money returns Pakistan’s economy is getting hot for international debt portfolio investors. There are some inflows by foreigners... Published 26 Apr, 2024 07:40am
Business & Finance SBP says forex reserves stand at $13.281bn KARACHI: The country’s total liquid foreign exchange reserves fell by $ 94 million during the last week. The State... Published 26 Apr, 2024 04:15am
Print RDA inflows rise to $7.660bn KARACHI: Gross inflows under the Roshan Digital Account (RDA) rose to $ 7.660 billion by end of March 2024 since its... Updated 26 Apr, 2024 08:59am
Markets SBP-held foreign exchange reserves fall just below $8bn Central bank attributes decrease in reserves to external debt repayments Updated 25 Apr, 2024 10:19pm
Markets RDA inflow registers significant growth of 29%, clocks in at $182mn in March SBP data conveys total number of RDA accounts opened reached 679,792 from 668,701 a month ago Updated 25 Apr, 2024 10:40pm
Business & Finance MCB posts profit before tax of Rs32.5bn for Q1-2024 KARACHI: The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad... Published 25 Apr, 2024 03:05am
Sports President’s Cup starts today, seven departmental cricket teams taking part LAHORE: Abbottabad and Rawalpindi will host 24 matches of the 50-over-a-side President’s Cup, in which seven... Published 24 Apr, 2024 03:50am
BR Research CA surplus – will it sustain? The current account surprisingly posted a surplus of $619 million in March 24,which is the highest surplus since... Updated 23 Apr, 2024 10:07am
Opinion Pakistan’s debt dilemma: navigating turbulent waters In the intricate fabric of Pakistan’s economic landscape, a daunting debt crisis casts a long shadow, threatening... Published 23 Apr, 2024 03:41am
Business & Finance C/A posts 3rd highest monthly surplus in March KARACHI: The country’s external account is performing well, posting the third highest monthly current account... Published 23 Apr, 2024 03:41am
Markets Highest in nearly 3 years: Pakistan’s REER index surges to 104.07 in March 2024 Pakistan’s Real Effective Exchange Rate (REER), a measure of the value of a currency against a weighted average of... Published 22 Apr, 2024 06:28pm
Print MPC meeting on 29th KARACHI: The State Bank of Pakistan will convene the monetary policy committee meeting on April 29, 2024 to decide... Updated 20 Apr, 2024 09:06am
Print SBP and NBP: Customs authorities directed to deposit all valuable articles ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Customs authorities to deposit all the valuable articles... Updated 20 Apr, 2024 08:52am
Business & Finance Wheat import bill hits $1bn mark KARACHI: Pakistan spent some one billion dollars on the import of wheat during this fiscal year (FY24) to meet the... Published 20 Apr, 2024 04:18am
Business & Finance To cut or not to cut: SBP might opt for caution in monetary policy Reports by two brokerage houses suggest Pakistan's central bank poised to maintain cautious policy stance Published 19 Apr, 2024 08:15pm
Print Global investors apprised about upward forex trend KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has said that Pakistan’s external sector has stabilised... Updated 19 Apr, 2024 09:02am
Print SBP’s reserves up $14.4m to $8.055bn KARACHI: Despite repayment of dollar one billion external debt, the State Bank of Pakistan (SBP) successfully... Updated 19 Apr, 2024 09:02am
Business & Finance TMB announces Rs1.2bn pre-tax profit for FY23 KARACHI: Telenor Microfinance Bank (TMB), operator of Pakistan’s leading digital financial services platform... Published 19 Apr, 2024 05:07am
Markets SBP-held foreign exchange reserves increase $14.4mn, now stand at $8.05bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $14.4 million on a weekly basis,... Published 18 Apr, 2024 08:41pm
Pakistan Pakistan’s inflation deceleration broad-based, says central bank chief Jameel Ahmad says qualitative improvements in external account allowed the State Bank to more than double its foreign exchange reserves since January 2023 Updated 18 Apr, 2024 10:43pm
Business & Finance Enforcement action: SBP imposes over Rs755mn in penalties on 8 banks, 1 EC The State Bank of Pakistan (SBP) imposed penalties worth Rs775.542 million on 8 banks and one exchange company... Updated 18 Apr, 2024 09:12pm
Print Aurangzeb-led team to meet US official Donald Lu? ISLAMABAD: Finance Minister Muhammad Aurangzeb, who is currently in Washington attending World Bank-IMF Spring... Updated 18 Apr, 2024 09:26am
Business & Finance BD operations/assets: BAFL board approves Bank Asia’s offer KARACHI: The Board of Directors of Bank Alfalah Limited has accorded its approval/acceptance, in principle, to the... Published 18 Apr, 2024 03:24am
Business & Finance Q1CY24: SBP imposes Rs775.542m penalties on banks, FIs KARACHI: The State Bank of Pakistan (SBP) has imposed Rs 775.542 million penalties on banks and financial... Published 18 Apr, 2024 03:24am
Opinion IK must revisit his approach to politics It’s not just that Imran Khan really believed that his letter to the IMF (International Monetary Fund) could make... Published 17 Apr, 2024 05:28am
Business & Finance RAAST P2M services: DIB signs MoU with MAK and ARY KARACHI: Dubai Islamic Bank, MAK Global and ARY Services have collaborated and signed a tri-partite Memorandum of... Published 17 Apr, 2024 05:28am
Business & Finance Rs6.8bn mopped up thru auction for PIBs KARACHI: The federal government on Tuesday raised Rs 6.8 billion from the banking sector against the sale of... Published 17 Apr, 2024 05:28am
Editorials A yatra for financial support EDITORIAL: A Finance Minister Muhammad Aurangzeb-led economic team has arrived in Washington DC to attend the annual... Published 16 Apr, 2024 03:38am
Markets SBP-held foreign exchange reserves see slight decline, stand at $8.04bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) slightly decreased by $0.1 million on a weekly... Published 15 Apr, 2024 07:44pm
Markets Pakistan repays $1bn international bond: central bank SBP says principal plus interest made to agent bank for onward distribution to bondholders Updated 13 Apr, 2024 06:03pm