SBP keeps key interest rate unchanged at 21% Monetary Policy Committee views inflation to have peaked in May and, barring any foreseen developments, expects it to start falling from June onwards Updated 12 Jun, 2023 06:19pm
Markets Proposed merger negotiations between FINCA, Apna Microfinance end Apna Microfinance Bank Limited (AMBL), a microfinance services provider, said that the “proposed merger... Updated 12 Jun, 2023 04:39pm
Markets PKR declines 0.43pc KARACHI: The rupee depreciated 0.43% in the inter-bank market during the previous week, maintaining its rather ... Published 12 Jun, 2023 06:26am
Opinion Budget: Will money come as budgeted? The key question from an economic perspective is not whether the budget 2023-24 is pro-poor, pro-business,... Updated 12 Jun, 2023 07:06am
Editorials Court not to interfere in economic policy EDITORIAL: Chief Justice Umar Ata Bandial while heading a three-judge bench hearing the Jamaat-i-Islami petition to... Updated 12 Jun, 2023 06:51am
Print Dar concedes preponderance of external debt Finance Minister says govt would negotiate with bilateral countries for rescheduling of debt with the request to backload the principal amount and payment of servicing Updated 11 Jun, 2023 12:22pm
Markets Rupee slips lower, settles at 286.93 against US dollar Currency depreciates 0.04% in inter-bank market Updated 09 Jun, 2023 08:07pm
Opinion What does Economic Survey lack? Economic Survey 2022-23, unlike previous surveys, raises more questions of competence as opposed to credibility,... Published 09 Jun, 2023 06:20am
Print Policy rate hike couldn’t arrest inflation rise ISLAMABAD: The government has acknowledged that increasing the policy rate by the State Bank of Pakistan (SBP) has... Updated 09 Jun, 2023 09:02am
Print SBP to leave 21pc policy rate unchanged amid high inflation KARACHI: Central bank is widely expected to keep its key interest rate unchanged at 21% on Monday after aggressive... Updated 09 Jun, 2023 09:01am
Print Global slowdown, import curbs: Jul-Mar exports, imports post negative growth ISLAMABAD: The country’s exports and imports have posted a negative growth during first three quarters (July-March)... Updated 09 Jun, 2023 08:56am
Print Banks disburse Rs1.222trn agri credit KARACHI: With 27.5 percent growth, the agriculture lending financial institutions have disbursed Rs 1.222 trillion... Updated 09 Jun, 2023 08:57am
Print SBP’s auction calendar: Cash-strapped govt to borrow record Rs10trn in 3 months KARACHI: The cash-strapped federal government plans to borrow record over Rs 10 trillion from the commercial banks... Updated 09 Jun, 2023 09:00am
Print External public debt recorded at $85.2bn by March-end ISLAMABAD: External public debt was recorded at $85.2 billion at the end of March 2023, revealing a decrease of... Updated 09 Jun, 2023 08:59am
Markets Open-market: US dollar strengthens as demand surges The Pakistani rupee weakened nearly 1.6% against the US dollar in the open-market on Thursday, while dealers said... Updated 08 Jun, 2023 09:32pm
Print Economic Survey 2022-23 to be unveiled today: PDM govt fails to meet even a single target The country’s Gross Domestic Product has missed all annual targets due to variety of reasons including lingering political uncertainty Updated 08 Jun, 2023 09:30am
Print IT exporters, freelancers: 35pc of export proceeds can be retained in special forex accounts: SBP KARACHI: In order to facilitate IT companies and freelancers, the State Bank of Pakistan (SBP) has extended... Updated 08 Jun, 2023 09:27am
Markets Open market: rupee gains, dealers say USD now available The Pakistani rupee witnessed significant improvement against the US dollar in the open-market on Wednesday with... Updated 07 Jun, 2023 08:46pm
Opinion IMF’s intransigence The government would have us believe that there needs to be a cut-off point beyond which the IMF (International... Published 07 Jun, 2023 06:05am
Print FBR expresses reservations at PD’s policy guideline ISLAMABAD: The Federal Board of Revenue (FBR) has reportedly expressed reservations at Petroleum Division’s policy... Updated 07 Jun, 2023 08:55am
Business & Finance SBP renews status of VIS, Pacra as ECAIs KARACHI: The State Bank of Pakistan has renewed the status of the two credit rating agencies operating in Pakistan... Published 07 Jun, 2023 06:05am
Business & Finance SBP for submission of FCY cross- border payments/ transfer cases KARACHI: The State Bank of Pakistan (SBP) has asked for submission of FCY Cross Border Payments Cases through SBP... Published 07 Jun, 2023 06:05am
Opinion Budget strategy for FY2023-24 The budget for 2023-24 will be presented by the federal government in the Parliament in the next few days. There has... Published 06 Jun, 2023 05:33am
Print Govt debt stocks rise to Rs58.6trn KARACHI: The federal government’s borrowing from domestic and external resources rose by 22.5 percent during the... Updated 06 Jun, 2023 08:47am
Business & Finance Payment system, RSF for lending to SMEs: WB’s $137m FIIP experiences delays ISLAMABAD: The World Bank’s Pakistan Financial Inclusion and Infrastructure Project (FIIP) worth $137 million has... Published 06 Jun, 2023 05:33am
Markets Inter-bank market: rupee falls, settles at 286.19 against US dollar Currency depreciates 0.18% on Monday Updated 05 Jun, 2023 07:37pm
Markets PKR declines only marginally KARACHI: The rupee depreciated marginally by 0.19% against the US dollar in the inter-bank market, settling at ... Published 05 Jun, 2023 03:27am
Business & Finance LCCI lauds policy of barter trade with Afghanistan, Iran & Russia LAHORE: The Lahore Chamber of Commerce and Industry Saturday appreciated the government’s recent policy decisions... Published 04 Jun, 2023 03:35am
Pakistan Record inflation, but market says status quo in upcoming monetary policy High-interest rate along with other macroeconomic measures have already put the brakes on economic growth, argues brokerage house Updated 03 Jun, 2023 09:06pm
Print Expanding export base, mitigating global trade risks: SBP informs Senate panel of EXIM Bank’s main objective Says it is aimed at mitigating risks in international trade Updated 03 Jun, 2023 09:29am