ABL Exchange Co: SBP grants operational licence KARACHI: The State Bank of Pakistan (SBP) has issued “Licence for commencement of operations” to ABL Exchange... Published 23 Mar, 2024 05:41am
Business & Finance Exchange company setup: SBP conveys ‘no objection’ to BOP KARACHI: The State Bank of Pakistan (SBP) has conveyed its “No Objection” to The Bank of Punjab for establishing... Published 23 Mar, 2024 05:41am
Business & Finance Operational licence granted to AL Habib Exchange KARACHI: The State Bank of Pakistan (SBP) has issued licence for commencement of operations to AL Habib Exchange... Published 23 Mar, 2024 05:41am
Markets Bank AL Habib, Allied Bank receive central bank’s nod to commence Exchange Company operations The State Bank of Pakistan (SBP) has given its green signal to Bank AL Habib Limited (BAHL) and Allied Bank Limited... Updated 22 Mar, 2024 10:29pm
Editorials The quest for another IMF programme EDITORIAL: First things first, prime minister Shehbaz Sharif has clearly stated that the country needs another... Published 22 Mar, 2024 04:57am
Business & Finance Forex reserves rise by $239m KARACHI: The country’s total liquid foreign reserves rose by $239 million during the last week, the State Bank of... Updated 22 Mar, 2024 09:45am
Markets SBP-held foreign exchange reserves increase $105mn, now stand at $8.02bn Total liquid foreign reserves held by the country reach $13.4 billion Updated 21 Mar, 2024 10:19pm
Opinion Hawkish SBP, happy IMF Some say it was stubborn food inflation that forced SBP’s hand at the MPC, combining with the usual Ramazan effect... Updated 21 Mar, 2024 06:35am
Print IMF says will disburse final SBA tranche ISLAMABAD: The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement on the second and... Updated 21 Mar, 2024 08:41am
Business & Finance Jul-Feb FDI down 17pc to $820.6m YoY KARACHI: Foreign Direct Investment (FDI) in the country plunged by 17 percent during the first eight months of this... Published 21 Mar, 2024 05:22am
Business & Finance MTBs auction: govt borrowing well above target KARACHI: The federal government has borrowed 100 percent above the target in the Market Treasury Bills (MTBs) ... Published 21 Mar, 2024 05:22am
Pakistan FDI in Pakistan falls over 17% in 8MFY24 However, net FDI during February alone higher on yearly and monthly basis Updated 20 Mar, 2024 09:55pm
Print RDA fetches $141m inflows in Feb KARACHI: The country received fresh foreign inflows amounted to $ 141 million through the Roshan Digital Accounts... Updated 20 Mar, 2024 08:44am
Print Feb C/A posts $128m surplus KARACHI: The country’s Current Account has presented an improved picture and recorded a surplus of $128 million in... Updated 20 Mar, 2024 09:49am
Markets Pakistan’s REER index increases further to 102.2 in February 2024 This is the highest level since May 2021, says brokerage house AHL Updated 19 Mar, 2024 09:35pm
Pakistan Pakistan’s current account posts surplus of $128mn in February 2024 Overall balance stands at deficit of $1bn during 8MFY24 against $3.85bn in same period of FY23 Updated 19 Mar, 2024 09:56pm
Business & Finance RDA inflow falls marginally, clocks in at $141mn in February Inflow through the Roshan Digital Account (RDA) clocked in at $141 million in February, a decline of 0.7% as... Updated 19 Mar, 2024 10:13pm
BR Research MPS: slow (and cautious) wins the race As expected, SBP has maintained the policy rate at 22 percent. However, the implied forward guidance (the language... Updated 19 Mar, 2024 09:43am
Print Coal shortage period: Chinese may be allowed to declare OFME This understanding will be part of minutes of next Energy Planning Expert Panel (EPEP) of China Pakistan Economic Corridor Updated 19 Mar, 2024 09:50am
Print Talks with IMF extended to today ISLAMABAD: Talks between the International Monetary Fund (IMF) and Pakistani authorities on the second review have... Updated 19 Mar, 2024 10:26am
Business & Finance Policy rate kept unchanged at 22pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP), adopting a cautious approach, has... Updated 19 Mar, 2024 09:20am
Business & Finance ‘Utilisation of Funds held in ESFCAs’: PRGMEA urges SBP to implement directives LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has commended the State ... Published 19 Mar, 2024 04:53am
Markets SBP keeps key policy rate unchanged at 22% This is the sixth successive decision to hold rates by Pakistan's central bank Updated 18 Mar, 2024 08:43pm
Opinion Policy rate: a cut is likely? Despite a decline in inflation, overall costs are still growing this year in comparison to prior years. Regarding... Published 18 Mar, 2024 04:56am
Business & Finance ‘Polymer Banknotes Series’: SBP rejects reports KARACHI: The State Bank of Pakistan (SBP) on Saturday has categorically denied reports about issuance of Polymer... Published 17 Mar, 2024 02:49am
Editorials The criticality of financial inclusion Governor State Bank of Pakistan (SBP) Jameel Ahmed is absolutely right that financial inclusion creates a broad base... Published 17 Mar, 2024 02:49am
Markets SBP says no plan to introduce polymer banknote series The State Bank of Pakistan (SBP) on Saturday “categorically” denied news reports regarding the issuance of polymer... Updated 16 Mar, 2024 10:15pm
Markets Monetary Policy Committee to meet on Monday: SBP The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, March 18, 2024 to... Updated 15 Mar, 2024 11:13pm
Opinion Challenges before the new finance minister President Asif Ali Zardari has taken oath from the newly-inducted Federal Cabinet headed by second time Prime... Published 15 Mar, 2024 04:14am
Business & Finance FPCCI seeks ‘special’ power tariff for industry, demands cut in policy rate KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has urged for reduction in key policy... Published 15 Mar, 2024 04:14am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn