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Business & Economy Published 15 Sep, 2023 01:13pm

Foreign Direct Investment increased by 15% in August

Jul-August FDI up by 16% to $234 million in 2023

Business & Economy Updated 14 Sep, 2023 06:50pm

SBP keeps interest rate unchanged at 22%

Monetary Policy Committee says inflation rate is slowing down

Business & Economy Published 14 Sep, 2023 10:06am

SBP meeting to review interest rate today

Experts say the rate could be increased by 100 base points.

Business & Economy Published 09 Sep, 2023 01:21am

Brace for impact: Petrol prices expected to rise again

Brokerage house predicts increase in benchmark interest rate

Pakistan Published 06 Sep, 2023 06:19pm

SBP brings reforms in forex sector to strengthen governance

Banks engaged in forex business to establish wholly owned Exchange Companies

Business & Economy Published 31 Aug, 2023 10:35pm

Interest rate could be hiked to 25%: report

The rate is already at a historic high of 22%

Business & Economy Updated 29 Aug, 2023 05:08pm

Rupee continues downward slide, falls by Rs1.05 against dollar in interbank

Dollar closed at Rs303.50

Business & Economy Published 23 Aug, 2023 07:22pm

Dollar hits all-time high of Rs312 in open market

The rupee slid by 63 paisas in interbank

Business & Economy Updated 31 Jul, 2023 08:01pm

SBP maintains interest rate at 22%

MPC expects inflation to ease from June 2023 onwards

Business & Economy Published 21 Jul, 2023 06:35pm

Bullish momentum in PSX amid improved microeconomic indicators

KSE-100 gains 522 points after across-the-board buying

Pakistan Published 19 Jul, 2023 09:12am

PM expresses gratitude to UAE president for financial assistance

UAE deposited $1 billion in SBP helping Pakistan to secure the much-awaited IMF bailout package.

Business & Economy Published 13 Jul, 2023 07:53pm

Pakistan reserves increases to Rs$4b

Reserves increased by $61 million

Business & Economy Published 10 Jul, 2023 04:52pm

Increased demand for imports resulted in high rates of dollar, say dealers

Forecast dollar to decline to Rs250 after disbursement of IMF funds

Pakistan Published 04 Jul, 2023 11:04pm

PAC calls for investigations into PTI government’s loan scheme

Summons secretary finance, SBP governor for response

Business & Economy Updated 26 Jun, 2023 06:30pm

SBP raises key policy rate to 22%

Central bank notes potential upside risks to the inflation outlook have increased from the last meeting

Business & Economy Published 25 Jun, 2023 12:27am

NIFT system yet to fully restore after cyberattack

SBP asks for a response from the NIFT officials

Business & Economy Published 24 Jun, 2023 12:27am

SBP lifts all curbs on imports

Govt granted permission to banks for providing remittances to release over 6,000 containers

Business & Economy Published 19 Jun, 2023 06:02pm

PSX plunges below 41,000 level as investors opt for selling

Rupee declines seven paisas against dollar in interbank

Business & Economy Published 13 Jun, 2023 10:13pm

Pakistan workers’ monthly remittances fall to $2.1b in May

Remittances also fell on a year-to-date basis compared with a year ago

Business & Economy Published 12 Jun, 2023 08:29pm

Pakistan ‘not considering’ bilateral debt restructuring

We are not considering any such plan, so there is no question of what will be the haircut, sources quoted SBP as saying

Business & Economy Published 02 Jun, 2023 01:25am

Pakistan central bank’s forex reserves fall $102m to $4.09b

Total liquid foreign reserves held by the country stood at $9.513 billion

Business & Economy Published 01 Jun, 2023 08:52pm

Wheat flour prices on the rise despite bumper crop

Agriculture experts warn Pakistan will have to import wheat next year

Business & Economy Published 19 May, 2023 08:46am

Pakistan reserves decrease $72m to $4.3b week ending May 12

Reserves decreased due to external debt payment

Pakistan Updated 17 Apr, 2023 06:55pm

NA turns down proposal for election funds as SBP, govt move to evade contempt charges

SBP says it cannot dole out Rs21 billion without govt approval

Business & Economy Published 06 Apr, 2023 09:37pm

Silkbank in talks about potential investment by South Sudan bank

Analysts say Silkbank, Summit Bank’s capital adequacy have been below criteria set by SBP

Business & Economy Updated 06 Apr, 2023 08:45pm

Saudi Arabia ‘commits’ financial support to help Pakistan secure IMF deal

Saudi Arabia's $2b pledged in external financing support to Pakistan is one of final conditions for IMF deal

Business & Economy Published 02 Apr, 2023 01:10am

Pakistan posts highest-ever annual inflation

Stampedes for food kill 16, consumer price index was up 3.72% in March from the previous month, says PBS

Business & Economy Published 31 Mar, 2023 08:16pm

SBP seen raising key rate to record 22% as inflation bites

Two respondents expected rates to remain unchanged

Business & Economy Updated 23 Mar, 2023 11:12pm

Banking hours for Ramazan in Pakistan

Fridays will be different

Pakistan Published 21 Mar, 2023 03:34pm

Zakat Nisab fixed at Rs103,159, to be deducted on 1st Ramazan

The first day of Ramazan is likely to fall on March 23 or 24, 2023.