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
Editorials Friendly countries aid fatigue EDITORIAL: Prime Minister Shehbaz Sharif, while addressing a lawyers’ convention in Islamabad, acknowledged that... Published 19 Sep, 2022 05:45am
Markets Saudi Fund for Development confirms rollover of $3bn deposit maturing on Dec 5 for 1 year: SBP Deposit is placed with SBP and part of its forex reserves Updated 18 Sep, 2022 07:16pm
Business & Finance PBF urges govt to arrest rupee depreciation ISLAMABAD: The Pakistan Businesses Forum (PBF) on Saturday said despite resumption of the International Monetary ... Updated 18 Sep, 2022 01:38pm
Print NA body informed: Multiple factors fuelling inflation ISLAMABAD: Minister for Finance and Revenue Dr Aisha Ghaus Pasha has informed the National Assembly Standing... Updated 17 Sep, 2022 10:58am
Print Jul 1-Sept 2 govt borrowing rises 21pc to Rs58bn YoY KARACHI: The borrowing for budgetary support rose by 21 percent during a little over first two months of this fiscal... Updated 17 Sep, 2022 09:57am
Markets Rupee closes at 236.84 against US dollar as depreciation run continues Loses value for 11th successive session, taking cumulative fall to 7.7% Updated 16 Sep, 2022 06:40pm
Business & Finance Forex reserves fall by $156m KARACHI: The country’s total liquid foreign exchange reserves dropped by $156 million during last week due to... Published 16 Sep, 2022 06:40am
Print Floods to weigh on agri production: Fitch ISLAMABAD: Fitch Solutions has stated that the severe floods in Pakistan to weigh on agricultural production and... Updated 16 Sep, 2022 09:48am
Business & Finance Most budget figures to undergo fluctuations: MoEA ISLAMABAD: Most of the budget figures for the current fiscal year 2022-23, including GDP growth rate, debt-to-GDP... Updated 16 Sep, 2022 09:51am
Business & Finance SBP official urges banks to join hands with tech firms for increased adoption of digital mode of payments KARACHI: State Bank of Pakistan (SBP) has urged upon commercial banks and technology firms to join hands for pacing... Published 16 Sep, 2022 06:04am
Editorials Spurring forex inflows need of the hour EDITORIAL: Home remittances inched up from the previous month to $2.7 billion in August 2022. However, in the first... Published 16 Sep, 2022 06:04am
Markets Woeful run continues: Rupee settles at 235.88 against US dollar Depreciates for 10th successive session for cumulative fall of 7.3% Updated 15 Sep, 2022 08:26pm
Opinion PARTLY FACETIOUS: An extremely pliable appointee “Appointing an acting head of an institution gives the appointer time to…to…” “Well our history shows ... Published 15 Sep, 2022 05:57am
Business & Finance Restrictions still in place for import of raw materials, says FPCCI KARACHI: Acting President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Suleman Chawla has... Published 15 Sep, 2022 05:57am
Business & Finance Rs241.528bn mopped up in auction for PIBs KARACHI: The federal government on Wednesday raised Rs 241.528 billion through sale of long-term investment bonds.... Published 15 Sep, 2022 05:57am
Markets Lucky to install 25.3MW captive solar power project in Karachi at estimated cost of Rs3bn Announces agreement with Orient Energy Systems Published 14 Sep, 2022 05:40pm
Markets No respite: Rupee continues to weaken, settles at 234.32 against US dollar Depreciates another 1.02% in inter-bank market This is the rupee's ninth successive fall, brings cumulative decline to 6.7% in less than two weeks Updated 14 Sep, 2022 10:30pm
Pakistan Country close to default, claims PTI’s Hammad LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central Punjab General Secretary and former federal minister Hammad Azhar has... Published 14 Sep, 2022 04:45am
Business & Finance SBP suspends license of two companies KARACHI: The State Bank of Pakistan (SBP) has suspended, with immediate effect, the authorization of two Exchange... Published 14 Sep, 2022 04:45am
Business & Finance No restrictions on raw materials’ import: SBP KARACHI: The State Bank of Pakistan (SBP) Tuesday said that there are no restrictions on import of raw materials.... Updated 14 Sep, 2022 09:58am
Print Hike in prices of 10 medicines: Cabinet rejects health ministry’s summary ISLAMABAD: The federal cabinet Tuesday rejected the summary of the Ministry of National Health Services, ... Updated 14 Sep, 2022 09:27am
Business & Finance Aug remittances post 8pc growth MoM KARACHI: Inflows of workers’ remittances posted 8 percent growth during August 2022, the State Bank of Pakistan... Published 14 Sep, 2022 04:45am
Markets Remittance inflow stands at $2.72bn in August, increases 7.9% month-on-month Saudi Arabia remains most significant contributor to workers’ remittances with $692mn in August 2022 Updated 13 Sep, 2022 12:27pm
Business & Finance Former SBP governor Dr Reza Baqir appointed Senior Fellow at Harvard Kennedy School Will focus on improving global frameworks for resolving sovereign debt crises Published 13 Sep, 2022 11:38am