New SBP governor Jameel Ahmed assumes office KARACHI: Jameel Ahmad has assumed the charge of Governor, State Bank of Pakistan (SBP), after his appointment by the... Updated 28 Aug, 2022 09:22am
Print SBP sets Rs1.8trn agri credit target for FY23 KARACHI: The State Bank of Pakistan (SBP) has assigned annual agriculture credit disbursement target of Rs 1,800... Updated 27 Aug, 2022 09:47am
Business & Finance Forex reserves decrease $87m KARACHI: The total liquid foreign reserves held by State Bank of Pakistan (SBP) decreased by $87 million to $7.809... Published 26 Aug, 2022 06:54am
Business & Finance Meezan Bank, Samba Bank celebrate RDA success in Bahrain KARACHI: Meezan Bank and Samba Bank in collaboration with the Embassy of Pakistan in Bahrain hosted a reception at... Published 26 Aug, 2022 06:02am
Print Import of spare parts, machinery: IPPs demand withdrawal of curbs ISLAMABAD: Independent Power Producers (IPPs) have urged the government to lift restrictions on import of spare ... Updated 26 Aug, 2022 09:45am
Markets Alarming level: SBP-held foreign exchange reserves fall $87mn, now stand at $7.8bn Total liquid forex reserves held by Pakistan stand at $13.52 billion Published 25 Aug, 2022 07:52pm
Business & Finance eCIB: FPCCI urges SBP to decrease reflection period in view of current economic situation KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President, Irfan Iqbal Sheikh has urged... Published 25 Aug, 2022 07:14am
Pakistan ‘PM Flood Relief Fund’ established ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Wednesday appealed to everyone to donate... Published 25 Aug, 2022 06:42am
Business & Finance July CAD shrinks 45pc to $1.2bn MoM KARACHI: Pakistan’s current account deficit (CAD) for July 2022 narrowed by 45 percent on month-on-month basis to... Published 25 Aug, 2022 06:32am
Pakistan Decrease in number of supplementary questions: Senate body opposes amendment proposed in Rule 57 ISLAMABAD: The Senate Committee on Rules of Procedure and Privileges opposed the amendment proposed in Rule 57 to... Published 25 Aug, 2022 06:09am
Print Import of ‘control system’: Rousch seeks govt help in securing SBP permission ISLAMABAD: M/s Rousch (Pakistan) Power Limited has sought the federal government’s help in obtaining approvals ... Updated 25 Aug, 2022 10:22am
Business & Finance July ITeS export remittances decline over 15pc to $199m MoM ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center... Published 25 Aug, 2022 06:08am
Business & Finance Pakistan’s REER falls to 93.2 in July A Real Effective Exchange Rate below 100 means a country’s exports are competitive, while imports are expensive Updated 24 Aug, 2022 06:37pm
Pakistan Qatar Investment Authority considering about $3bn investment in Pakistan: report $445-billion QIA currently evaluating strategic investments in country's main airports in Islamabad/Karachi as well as other sectors Updated 24 Aug, 2022 08:53pm
Markets Third successive loss: Rupee weakens further against US dollar The currency settles at 218.38 in inter-bank market Updated 24 Aug, 2022 08:57pm
Pakistan Pakistan's current account deficit shrinks massively to $1.21bn in July Registers 45% decline month-on-month after clocking in at revised $2.2 billion in June Updated 24 Aug, 2022 12:11pm
Editorials A nimble MPS? EDITORIAL: The Monetary Policy Statement (MPS) announced on 22 August 2022, as expected, kept the policy rate... Published 24 Aug, 2022 05:08am
Business & Finance SBP injects Rs177bn in OMO The State Bank of Pakistan (SBP) has injected Rs177 billion worth of liquidity into the money market via an open... Published 23 Aug, 2022 06:10pm
Markets KSE-100 rises 1.26% on interest rate clarity Investors remain optimistic about approval of next tranche of IMF on August 29 Updated 23 Aug, 2022 06:17pm
Markets Rupee closes with 0.46% fall, settles at 217.66 Early intra-day gains erased in inter-bank market on Tuesday Updated 23 Aug, 2022 06:05pm
BR Research Monetary Policy: A pause As expected, SBP kept the policy rate unchanged. SBP took a pause. The monetary policy is expected to remain data... Published 23 Aug, 2022 08:40am
Opinion Burgeoning budget deficit The information on fiscal operations in 2021-22 has just been released by the Ministry of Finance. These figures are... Published 23 Aug, 2022 05:56am
Markets Stocks end in deep red KARACHI: Pakistan Stock Exchange Monday remained under pressure throughout the day and closed in deep red with heavy... Published 23 Aug, 2022 05:56am
Print Policy rate kept unchanged at 15pc: MPC sees headline inflation surging to its peak in Q1 KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy... Updated 23 Aug, 2022 09:21am
Pakistan Monetary policy: SBP keeps key interest rate unchanged at 15% Monetary Policy Committee says with recent inflation developments in line with expectations, domestic demand beginning to moderate and the external position showing some improvement, it felt it was prudent to take a pause at this stage Updated 22 Aug, 2022 05:10pm
Opinion Austerity is the only option? The illusion of economic recovery has already started unraveling. The prime indicators of economic sentiments in the... Published 22 Aug, 2022 06:33am
Markets Rupee’s rather stable ride KARACHI: The rupee closed the previous week with a marginal gain of 0.4%, settling at 214.65 against the US dollar ... Published 22 Aug, 2022 06:33am
Business & Finance SBP wants inclusion of 50m financially excluded persons KARACHI: Deputy Governor State Bank of Pakistan (SBP) Sima Kamil on Sunday said that Pakistan has 50 million... Published 22 Aug, 2022 06:33am
Business & Finance Monetary policy: a look at SBP's previous announcements Central bank has hiked key interest rate by 525 basis points in its three previous announcements Published 21 Aug, 2022 02:42pm
Markets The state of country’s economy discussed at PSX KARACHI: Pakistan Stock Exchange (PSX) hosted a meeting where the top management of PSX including Chairperson PSX,... Published 20 Aug, 2022 03:41am
