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
Business & Finance Import payments not being cleared swiftly: FPCCI LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh and Regional... Published 26 Sep, 2022 06:55am
Markets PKR fares relatively better KARACHI: The rupee fared relatively better after the US Federal Reserve announced raising the key interest rate... Published 26 Sep, 2022 06:07am
Business & Finance SBP cautions masses against calls, messages from unknown numbers KARACHI: The State Bank of Pakistan (SBP) has advised public not to respond to or share personal information on... Updated 25 Sep, 2022 10:16am
Markets $2,000 and above: Exchange Companies must conduct sale transactions through banking channels: SBP KARACHI: In order to further strengthen the regulatory regime for Exchange Companies and promote the banking... Updated 24 Sep, 2022 10:37am
Pakistan President Alvi urges banks to provide timely relief to victims of bank frauds ISLAMABAD: President Dr Arif Alvi urged the private banks to provide timely relief to victims of bank frauds, comply... Published 24 Sep, 2022 03:49am
Markets 15-session losing streak ends: Pakistan's rupee appreciates marginally Gains 0.03%, the first time since Sep 1 that the rupee has ended higher against US dollar Updated 23 Sep, 2022 06:48pm
Business & Finance IT, ITeS export remittances surge by 14pc in Aug ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center... Published 23 Sep, 2022 07:06am
Business & Finance Jul-Aug FDI down 26pc YoY KARACHI: The Foreign Direct Investment (FDI) in Pakistan fell by 26 percent in the first two months of this fiscal... Published 23 Sep, 2022 06:14am
Business & Finance Net FDI falls over 26% in first two months of FY23 Net Foreign Direct Investment (FDI) in Pakistan fell 26.1% during the first two months of the ongoing fiscal year... Published 22 Sep, 2022 12:06pm
Markets Pakistan's rupee largely stable, settles at 239.71 Cumulative depreciation in 15 sessions clocks in at 8.8% Updated 22 Sep, 2022 06:25pm
BR Research Much ado about nothing? Banks are under scrutiny for making so called exuberant profits on foreign exchange earnings. Some of have made more... Published 22 Sep, 2022 09:01am
Print Jul-Aug CAD shrinks 19pc YoY KARACHI: The country’s current account deficit shrank by 19 percent during the first two months of this fiscal year... Updated 22 Sep, 2022 09:29am
Markets Rupee approaches all-time low again, closes at 239.65 against US dollar Cumulative depreciation in 14 sessions clocks in at 8.8% Dollar being sold for Rs245.4 in open market, according to ECAP data Updated 21 Sep, 2022 06:43pm
Opinion FY2022-23: Balance of payments The continuing turmoil in the forex market is a bewildering experience with no parallel in the country’s history.... Published 21 Sep, 2022 05:57am
Print Cross-border payments to be centralised at TOD from Oct 1: SBP KARACHI: In order to further streamline the cross-border payments, the State Bank of Pakistan (SBP) has announced to... Updated 21 Sep, 2022 09:42am
Business & Finance Auto financing falls in August Outstanding consumer financing for transport, which includes purchase of cars etc, stood at Rs353 billion as of... Published 20 Sep, 2022 04:01pm
Markets Rupee's depreciation run continues as cumulative fall since Sep 1 hits 8.5% Rupee settles at 238.91 against US dollar in inter-bank market, loses value for 13th successive session Updated 20 Sep, 2022 08:12pm
Print Naya Pakistan Certificates: rate of return revised upward KARACHI: The State Bank of Pakistan (SBP) has increased the rate of return for investment in PKR-denominated Naya... Updated 20 Sep, 2022 09:45am
Print Enhancement in limits: SBP makes key amendments to PRs for agri financing KARACHI: The State Bank of Pakistan (SBP) has made amendments to Prudential Regulations (PRs) for Agriculture... Updated 20 Sep, 2022 09:49am
Markets Rupee inches close to historic low, settles at 237.91 against US dollar Cumulative depreciation in the past 12 sessions goes to 8.1% Updated 19 Sep, 2022 09:36pm
Markets PKR: yet another woeful week KARACHI: The rupee had yet another woeful week, losing value in all five sessions for a cumulative fall of 3.7% to... Published 19 Sep, 2022 05:45am
Print SFD confirms one-year extension of $3bn deposit KARACHI: The Saudi Fund for Development (SFD) on Sunday confirmed the rollover of $3 billion deposits with Pakistan... Updated 19 Sep, 2022 09:25am
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?