Bank holiday: SBP to remain closed on Monday (January 2) The State Bank of Pakistan (SBP) will remain closed for public dealing on Monday, January 2, 2023, which will be... Published 30 Dec, 2022 05:11pm
Markets KSE-100 ends 2022 with 673-point increase Benchmark index settles at 40,420.45, an increase of 1.69% on Friday Updated 30 Dec, 2022 08:08pm
Markets Rupee ends last session of 2022 on a losing note against US dollar Currency closes the year at 226.43 in inter-bank market Updated 30 Dec, 2022 08:50pm
BR Research Autos: Invisible hand Automotive sales have dropped 39 percent so far in 5MFY23, and assemblers blame the SBP for imposing restrictions on... Published 30 Dec, 2022 09:29am
Opinion 2023: Disappointments & hopes Year 2022 is bidding farewell to Pakistan leaving behind some unpleasant memories, natural disaster in the form of... Updated 30 Dec, 2022 06:45am
Pakistan Javed Yousuf Edhi appointed as NIFT chief KARACHI: The Board of Directors of National Institutional Facilitation Technologies (NIFT) appointed Javed Yousuf... Published 30 Dec, 2022 05:50am
Business & Finance SBP raises EFS & LTFF rates by 2pc to 13pc KARACHI: The State Bank of Pakistan (SBP) Thursday announced increase in the Export Finance Scheme (EFS) and... Published 30 Dec, 2022 05:50am
Business & Finance SBP’s foreign exchange reserves decline $294m to $5.822bn KARACHI: The State Bank of Pakistan’s foreign exchange reserves reached below $6 billion at the end of last week.... Published 30 Dec, 2022 05:50am
Business & Finance Appointment of Ali Latif as non-executive director on SBP’s board approved ISLAMABAD: President Dr Arif Alvi approved the appointment of Muhammad Ali Latif as a non-executive director on the... Published 30 Dec, 2022 05:50am
Editorials Ishaq Dar’s address: misplaced optimism? EDITORIAL: Federal Finance Minister Ishaq Dar gave an impassioned virtual address to mark the first listing of the... Published 30 Dec, 2022 05:50am
Business & Finance Markup rates increased: SBP notifies hike from 11% to 13% under EFS and LTFF schemes SBP says gap between policy rate and Export Finance Scheme/Long Term Financing Facility rates reduced from existing 5% to 3% Published 29 Dec, 2022 07:27pm
Markets Critical: SBP-held foreign exchange reserves fall another $294mn, now stand at $5.82bn This is the lowest level of central bank reserves since April 2014, and raises concerns on Pakistan's liquidity position Updated 29 Dec, 2022 07:19pm
Markets 8th straight decline: Rupee ends with marginal loss against US dollar Currency sees marginal depreciation of 0.02% in inter-bank market on Thursday Updated 29 Dec, 2022 07:16pm
Business & Finance Banknotes with Jameel’s signature KARACHI: The State Bank of Pakistan (SBP) will start issuing banknotes bearing the signature of SBP Governor, Jameel... Published 29 Dec, 2022 06:57am
Business & Finance BOP launches e-business scheme for SMEs LAHORE: The Bank of Punjab (BOP) held the launch Ceremony of BOP e-Business Qarza for SMEs at BOP’s Head office, ... Published 29 Dec, 2022 05:59am
Business & Finance Market share of Islamic banking sector tops 20pc by Sept-end KARACHI: The market Share of Islamic Banking Industry (IBI) in the banking sector continued to post healthy growth... Published 29 Dec, 2022 05:59am
Print Dar addresses ebbing investor confidence KARACHI/ISLAMABAD: Finance Minister Ishaq Dar Wednesday assured the investors that Pakistan won’t default, adding... Updated 29 Dec, 2022 08:45am
Business & Finance Interest rate in 2022: climbing the hill as Pakistan's macroeconomic concerns bite Policy rate rose from 9.75% in January to a multi-decade high of 16% in November Updated 29 Dec, 2022 12:02am
Markets 7th straight decline: Rupee continues to fall against US dollar Currency sees a depreciation of nearly 0.1% in inter-bank market on Wednesday Updated 28 Dec, 2022 09:31pm
BR Research On e-commerce growth The most-recent central bank statistics on digital payments that were made available last week also show strong... Published 28 Dec, 2022 09:17am
BR Research Encashment deadline for withdrawn prize bonds extended KARACHI: The federal government has announced its decision to extend the last date for encashment of withdrawn prize... Published 28 Dec, 2022 04:12am
Print HS Code Chapters 84, 85 and certain items of Chapter 87: SBP withdraws curbs on import permission KARACHI: The State Bank of Pakistan (SBP) Tuesday announced withdrawal of restrictions on prior permission before... Updated 28 Dec, 2022 08:47am
Pakistan SBP rolls back import restrictions from January 2, 2023 Says authorised dealers may prioritise/ facilitate imports according to certain categories Updated 27 Dec, 2022 09:05pm
Markets Rupee remains under pressure, settles at 226.15 against US dollar Depreciates 0.15% in inter-bank market on Tuesday Updated 27 Dec, 2022 06:58pm
BR Research Currency control: Won’t work! With Dar at the helm, the currency is artificially controlled. This time the modus operandi is different. In... Updated 27 Dec, 2022 12:17pm
Business & Finance Bostan explains how hundi/hawala business gets a huge boost KARACH: Exchange Companies Association of Pakistan (ECAP) President Malik Bostan Monday said that black marketing of... Published 27 Dec, 2022 07:10am
Business & Finance No exchange of old banknotes after 31st: SBP KARACHI: The State Bank of Pakistan (SBP) has said that old-design and large-size banknotes would not be exchanged... Published 27 Dec, 2022 06:52am
Editorials Forex reserves: all is not well EDITORIAL: All is not well on the economic front, acknowledged Minister of State for Finance and Revenue Aisha Ghous... Published 27 Dec, 2022 06:26am
Opinion Low foreign inflows The foreign exchange reserves of the SBP have plunged to $6,116 million as of 16th of December 2022. There has been ... Published 27 Dec, 2022 06:07am
Business & Finance Inventory shortage: PSMCL decides to suspend production for 5 days KARACHI: Pak Suzuki Motor Company Limited (PSMCL) has decided to completely shut down its plant for both automobiles... Published 27 Dec, 2022 06:07am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?