A cumulative fall of 5.05pc KARACHI: Barring one session, the rupee depreciated throughout the previous week, ending with a cumulative fall of... Published 06 Feb, 2023 06:20am
Opinion The mishandling of economy continues Finance Division in the January 2023 Economic Update/Outlook noted that fiscal deficit July-November 2022 was 1169... Published 06 Feb, 2023 06:20am
Markets Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (February 03, 2023).... Published 04 Feb, 2023 06:08am
Markets Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Friday (February 03, 2023). ======================== Open Bid... Published 04 Feb, 2023 06:08am
Opinion Big rise in poverty, unemployment The current combination of various negative factors is likely to lead to a big exponential jump in the number of... Updated 04 Feb, 2023 07:11am
Print Govt says ‘will have to’ agree to IMF conditions PESHAWAR: Prime Minister Shehbaz Sharif said Friday the government would have to agree to IMF bailout conditions ... Updated 04 Feb, 2023 09:26am
Print ‘IMF is giving Pakistan tough time’ ISLAMABAD: Prime Minister Shehbaz Sharif said on Friday the International Monetary Fund was giving his country a... Updated 04 Feb, 2023 09:30am
Technology ‘Country heading towards digital catastrophe’ ISLAMABAD: The chief executive officers of Pakistan’s largest telecom companies have warned that the country is... Updated 03 Feb, 2023 10:35am
Business & Finance Smuggling not the main reason behind USD shortage: FBR ISLAMABAD: Federal Board of Revenue (FBR) Member Customs (Operations), Mukarram Jan Ansari categorically said... Updated 03 Feb, 2023 08:54am
Editorials SBP: de jure, not de facto, autonomy EDITORIAL: There has been a case of growing criticism on the State Bank of Pakistan’s (SBP’s) policies in recent... Published 03 Feb, 2023 06:17am
Markets Dollar plunges as Fed says disinflation now in play SINGAPORE: The dollar tumbled on Thursday after the US Federal Reserve said it had turned a corner in the fight... Published 02 Feb, 2023 09:30am
Business & Finance Dollar pares gains on falling US labour costs NEW YORK: The dollar gave up gains made earlier on Tuesday after data showed US labour costs increased less than... Published 01 Feb, 2023 07:24am
Business & Finance Dollar steady as central banks take central stage NEW YORK: The dollar was little changed on Monday, a day before the Federal Reserve was due to begin a two-day ... Published 31 Jan, 2023 07:03am
Opinion State of the economy The first six months of 2022-23 have witnessed considerable uncertainty about country’s economic prospects. ... Published 31 Jan, 2023 06:01am
Markets India’s Adani dollar bonds continue to fall, hit multi-year lows MUMBAI: Dollar bonds issued by entities of India’s Adani Group continued to fall on Monday following a scathing... Published 30 Jan, 2023 02:36pm
Markets PKR: depreciation KARACHI: The rupee depreciated 12.5% during the previous week, but the bulk of the fall came in the last two ... Published 30 Jan, 2023 05:56am
Business & Finance Hike to fuel inflation: Tarin ISLAMABAD: Former finance minister and Pakistan Tehreek-e-Insaf (PTI) leader Shaukat Tarin said on Sunday that the... Updated 30 Jan, 2023 09:27am
Print Ogra rejects oil price speculations ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has rejected the claims of raise in prices of petroleum... Updated 29 Jan, 2023 10:21am
Markets Gold surges to new peak on back of rupee depreciation, speculation Association chief urges public to stop trading gold until IMF programme resumes Published 28 Jan, 2023 07:05pm
Markets In 2 weeks: Indus Motor increases Toyota car prices again as rupee's fall bites Hikes rates by as much as Rs1.16 million, says economic uncertainties and extreme volatility in rupee value has impacted cost of manufacturing Updated 28 Jan, 2023 03:29pm
Opinion PARTLY FACETIOUS: One of Shakespeare’s great lines “So where is Dar sahib?” “Let the poor guy be.” “Why? I have it on good authority that he talks to Nawaz... Published 28 Jan, 2023 06:20am
Print Tarin raises the alarm about inflation surge LAHORE: Former federal finance minister Shaukat Tarin has said that a steep decline in the value of rupee against ... Updated 28 Jan, 2023 08:55am
Markets Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes Experts believe LC issue will be resolved, inflation along with remittances to increase in short term Updated 27 Jan, 2023 07:04pm
Markets New low: rupee closes at 262.6 against US dollar after 2.7% fall in inter-bank market This is the currency's 28th successive loss in the inter-bank market Depreciation in just two sessions crosses 12% Updated 27 Jan, 2023 10:21pm
Markets Dollar drops vs yen, near 9-month low to euro on central bank bets TOKYO: The US dollar dropped against the yen on Friday as traders bet a hawkish pivot from the Bank of Japan (BOJ)... Published 27 Jan, 2023 09:16am
Business & Finance PBF slams unprecedented hike in USD value within one day LAHORE: The Pakistan Business Forum (PBF) has rejected the “artificial” and unprecedented increase in USD value... Published 27 Jan, 2023 07:20am
Pakistan PKR fall to set off huge economic ‘crisis’: PTI ISLAMABAD: Accusing Finance Minister Ishaq Dar for the drastic decline of the rupee vis-à-vis the US dollar,... Updated 27 Jan, 2023 09:06am
Editorials Currencies: criticality of course correction EDITORIAL: Increasing controls on L/Cs along with exchange rate restrictions on the interbank market have only... Published 27 Jan, 2023 06:15am
World Egypt, India launch 'strategic partnership' to boost trade CAIRO: Egypt and India announced Thursday a "strategic partnership" to increase trade by billions of dollars and... Published 27 Jan, 2023 12:16am
Markets Alarm bells: SBP-held foreign exchange reserves plunge $923mn, now stand at mere $3.7bn Liquid foreign reserves held by the country now stand at $9.5bn Updated 26 Jan, 2023 08:35pm