LCCI urges ministers, SBP to solve problems faced by importers LAHORE: The Lahore Chamber of Commerce & Industry has expressed its profound concern over the issue of approval... Published 04 Oct, 2022 05:55am
Print MoF seeks implementation status of EFF commitments ISLAMABAD: Ministry of Finance (MoF) has sought update from all the Ministries on the status of the communicated... Updated 04 Oct, 2022 09:37am
Print Summary re-submitted to ECC: A revolving account for Chinese IPPs on the cards ISLAMABAD: The government has reportedly decided to re-submit a summary to the ECC for opening of revolving account... Updated 04 Oct, 2022 09:39am
Markets Seventh straight gain: Pakistan's rupee up over 0.5% against US dollar Settles at 227.29 in the inter-bank on Monday Updated 03 Oct, 2022 06:53pm
Opinion ‘Environmentally sustainable’ bonds Pakistan faces a significant challenge to finance its large trade deficits and external debt repayments. This is... Published 03 Oct, 2022 06:16am
Opinion Old wine in old bottles Reports indicate that Ishaq Dar’s selling point in being reappointed as the country’s finance minister for the... Published 03 Oct, 2022 06:16am
Markets PKR gains nearly 5pc during the week KARACHI: The rupee gained nearly 5% during the previous week, appreciating in value across all the five sessions... Published 03 Oct, 2022 05:52am
Business & Finance CAD shrinks 19pc in Jul-Aug KARACHI: Current account deficit and balance of payment crisis are always been two big problems of Pakistan’s... Published 02 Oct, 2022 05:48am
Print Economic revival: Dar shares key fiscal measures with SBP governor ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad Saturday called on Federal Minister for Finance and... Updated 02 Oct, 2022 10:16am
Print PKR consideration of CE transactions thru bank accounts made mandatory KARACHI: In order to promote documentation and transparency in the foreign exchange transactions, the State Bank of... Updated 01 Oct, 2022 11:04am
Business & Finance 75th independence anniversary: SBP issues Rs 75 commemorative banknote KARACHI: The State Bank of Pakistan (SBP) has issued a commemorative banknote of Rs75 on the occasion of 75th... Published 01 Oct, 2022 04:20am
Business & Finance Pakistan’s REER increases to 94.3 in August Pakistan's Real Effective Exchange Rate (REER) increased to 94.3 in August compared to 93.2 in July, data released ... Published 30 Sep, 2022 05:12pm
Markets 6th successive gain: Rupee closes the week at 228.45 against US dollar Registers 0.52% gain in inter-bank market on Friday Updated 30 Sep, 2022 05:39pm
Print CVT calculation: Value of foreign assets to be converted into PKR: FBR ISLAMABAD: The value of foreign assets shall be converted into rupees for the calculation of the Capital Value Tax... Updated 30 Sep, 2022 09:42am
Business & Finance Poor economy ‘Govt, opposition should jointly devise strategies despite differences: UBG KARACHI: The leaders of the United Business Group (UBG) have called upon the government and the opposition to shun... Published 30 Sep, 2022 05:52am
Markets Alarming level: SBP-held foreign exchange reserves decline $341mn to $8bn Central bank says decrease due to external debt repayments Published 29 Sep, 2022 08:33pm
Markets Fifth successive gain: Pakistan's rupee appreciates nearly 1.1% against US dollar Cumulatively, currency has gained 4.3% in the last five trading sessions Updated 29 Sep, 2022 05:42pm
Opinion Dar-dollar parity? Really? What’s all this fuss about (former finance minister) Isahq Dar and the dollar? And why did markets, both equity ... Published 29 Sep, 2022 05:54am
Print No ban on transit trade transactions: SBP KARACHI: The State Bank of Pakistan (SBP) on Wednesday said that there is no ban on transit trade transactions... Updated 29 Sep, 2022 09:47am
Print Speculators won’t be allowed to play with PKR: Dar ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Ishaq Dar Wednesday said the market... Updated 29 Sep, 2022 10:13am
Print $10bn may be sought from China during PM’s visit Ministry of Planning, Development and Special Initiatives has constituted a 21-member high level Working Group to coordinate and oversee preparation for Prime Minister’s upcoming visit Updated 29 Sep, 2022 10:26am
Markets Appreciation run continues: Pakistan's rupee gains another 0.77% against US dollar Cumulatively, the currency has gained over 3% in the last four trading sessions Updated 28 Sep, 2022 06:20pm
Business & Finance Dar will arrest PKR slide: FEBR LAHORE: President Friends of Economics & Business Reforms (FEBR) Kashif Anwar stressed his hope that the... Published 28 Sep, 2022 07:01am
Print Foreign investors: Jul-Aug repatriation of profit, dividend plunges 93pc YoY KARACHI: Repatriation of profit and dividend by foreign investors fell sharply, ie, 93 percent during the first two... Updated 28 Sep, 2022 10:01am
Editorials Pakistan’s leverage EDITORIAL: Prime Minister Shehbaz Sharif’s impassioned plea in his speech to the United Nations General Assembly ... Published 28 Sep, 2022 05:51am
Markets Pakistan's rupee registers third successive gain, appreciates 1.3% against US dollar Fall in oil prices and bullish sentiment over Dar's return drive appreciation Updated 27 Sep, 2022 08:25pm
Opinion Improvement in balance of payments The balance of payments for the month of August 2022 shows a visible improvement. Not only has the current account... Published 27 Sep, 2022 04:06am
Pakistan Bestway raises $2m for victims of floods LONDON: On the 23rd of September 2022 the Bestway Group under the leadership of Bestway Group’s Chief Executive... Published 27 Sep, 2022 04:06am
Editorials A welcome decline in C/A deficit, indeed EDITORIAL: The July-August 2022 current account (C/A) deficit shrank by 19 percent due to 240 million dollar lower... Updated 27 Sep, 2022 12:31pm
Markets Sentiment-driven: Pakistan's rupee closes with considerable gain against US dollar Registers 1.1% appreciation on Monday, settles at 237.02 in inter-bank market Updated 26 Sep, 2022 09:05pm