KCCI concerned at woeful state of economy KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while expressing deep... Published 17 Dec, 2022 05:58am
Markets As Pakistan reels from dollar shortage, customers lured towards 'grey' market premiums Inter-bank and open-market rates have only become wider in recent days Published 16 Dec, 2022 07:06pm
Markets Rupee remains under pressure against US dollar Currency settles with depreciation of 0.1% in the inter-bank market on Friday Updated 16 Dec, 2022 06:11pm
BR Research Building inflation expectations Inflation expectations are becoming entrenched in Pakistan. There is a case of seven straight months of twenty... Published 16 Dec, 2022 09:04am
Business & Finance Forex reserves stand at $6.7bn KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves did not record any major change during the... Published 16 Dec, 2022 07:31am
Business & Finance D-SIBs: SBP announces designation for 2022 KARACHI: The State Bank of Pakistan (SBP) has announced the designation of D-SIBs for the year 2022 under the... Published 16 Dec, 2022 07:28am
Business & Finance PBF exhorts SBP to stop rupee devaluation KARACHI: The consistent depreciation of the rupee is deepening the economic crisis in the country, said the Pakistan... Published 16 Dec, 2022 05:58am
Opinion Cross-border illegal currency movement Good governance plays an important role in setting the direction of any country. It ensures transparency and ... Published 16 Dec, 2022 05:58am
Opinion IMF policy needs a serious rethink The first major jolt to the International Monetary Fund’s (IMF’s) thinking regarding pursuing austerity policy... Published 16 Dec, 2022 05:58am
Business & Finance PTA seeks clearance of chemicals at port KARACHI: Central Chairman of Pakistan Tanners Association (PTA) Mohammad Mehr Ali has said that chemicals used by ... Published 16 Dec, 2022 05:58am
Print Agri credit target raised to Rs1.8trn: Rs511bn Kissan Package notified ISLAMABAD: The Ministry of National Food Security and Research (MNFS&R) has notified Rs 511 billion Kissan... Updated 16 Dec, 2022 09:36am
Markets SBP-held foreign exchange reserves fall another $15mn, now stand at $6.7bn Reserves at their lowest level since January 2019 Published 15 Dec, 2022 07:42pm
Markets Rupee remains stable against US dollar Currency remains unchanged, closes at 224.71 Updated 15 Dec, 2022 07:50pm
Print Consignments stuck at ports: MoC to hold talks with SBP ISLAMABAD: Commerce Ministry has decided to hold a detailed meeting with State Bank of Pakistan (SBP) to sort issues... Updated 15 Dec, 2022 09:57am
Business & Finance Govt raises Rs1.6trn through MTBs’ sale KARACHI: The federal government on Wednesday raised Rs1.66 trillion against sale of short-term security papers. ... Published 15 Dec, 2022 06:00am
Business & Finance Jul-Nov workers’ remittances decline nearly 10pc YoY KARACHI: Inflows of workers’ remittances maintained a declining trend and fell 9.77 percent during the first five... Updated 15 Dec, 2022 09:59am
Print IMF wants to observe 3 more quarters, examine flood rehab plan: Dar Fund also wants that Pakistan should demonstrate how it would meet the $16 billion demand for reconstruction and rehabilitation phase of floods Updated 15 Dec, 2022 10:07am
Markets Pakistan: where formal channels suffer, and 'grey' markets prosper Pakistan’s inability to curb the rise of smuggling and enforce regulation has enabled the ‘grey’ currency market to... Updated 14 Dec, 2022 07:57pm
Pakistan Remittances continue to decline, clock in at $2.1bn in November Experts attribute lower inflow to usage of illegal channels Published 14 Dec, 2022 05:13pm
Markets Rupee remains stable, settles at 224.71 against US dollar Currency has depreciated nearly 22% during ongoing calendar year Updated 14 Dec, 2022 09:07pm
Business & Finance Old-design banknotes can’t be exchanged after 31st KARACHI: The State Bank of Pakistan (SBP) has announced on Tuesday that old design large size banknotes cannot be... Published 14 Dec, 2022 06:55am
Opinion Lack of prudent macroeconomic policies “The curious task of economics is to demonstrate to men how little they really know about what they imagine they... Published 14 Dec, 2022 05:57am
Print Revenue shortfall necessitates steps agreed with IMF? ISLAMABAD: Contingency tax measures as agreed with the International Monetary Fund under seventh and eighth reviews... Updated 14 Dec, 2022 09:51am
Business & Finance Under Private Funds Regulations: SECP has registered seven private funds this year ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered seven new private funds under ... Published 14 Dec, 2022 05:57am
Markets Rupee continues to struggle, settles at 224.70 against US dollar Currency settles with a 0.02% decline in inter-bank market Updated 13 Dec, 2022 06:18pm
BR Research More SBP curbs With forex reserves depleting fast, SBP is trying to do anything under the sun to control the outflows. The latest... Published 13 Dec, 2022 08:58am
Business & Finance SBP-FBR policies hindering IT export growth: minister ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haq said on Monday that the Federal Board of... Published 13 Dec, 2022 06:10am
Opinion Shortfall in revenues The last financial year witnessed a record performance by the FBR (Federal Board of Revenue). Tax revenues increased... Published 13 Dec, 2022 05:58am
Print PM’s youth loan scheme relaunched KARACHI: The government has relaunched the Prime Minister’s Youth Loan Scheme with revised features including... Updated 13 Dec, 2022 09:38am
Editorials Economy still in deep trouble EDITORIAL: Federal Finance Minister Ishaq Dar, along with the Special Assistant to the Prime Minister on Finance,... Published 13 Dec, 2022 05:58am