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Business & Economy Updated 25 Jul, 2022 05:57pm

Rupee falls relentlessly, closes near 230 against US dollar

Ongoing political and economic uncertainty continue to take toll on currency

Business & Economy Published 23 Jul, 2022 11:49pm

Pakistan’s financing needs fully met for this year, says SBP chief

Dr Murtaza Syed reiterates that 'unwarranted' market concerns about country's financial position will dissipate in weeks

Business & Economy Published 23 Jul, 2022 03:19pm

Govt appoints 10 new SBP directors after Cabinet green light

The federal government appoints 10 directors for the SBP BoD after approval by the Cabinet on Thursday

Business & Economy Published 18 Jul, 2022 05:07pm

Political uncertainty sends rupee into another downward spiral

PKR closes at record low of Rs215.2 after depreciating by nearly 2% against the dollar

Business & Economy Published 28 Jun, 2022 08:31pm

Pakistan’s current account deficit rises to $1.43bn in May 2022

Deficit 131% higher on monthly basis as it amounted to $618mn in April 2022

Business & Economy Published 26 Jun, 2022 11:19am

SBP reaches out to Supreme Court for guidance in FSC decision

Says it is committed to ensuring compliance with the injunctions of Islam

Business & Economy Published 21 Jun, 2022 11:36pm

SBP clarifies it has not stopped banks from making import payments

Central bank rejects reports that SBP reserves have dried up or are not useable

Business & Economy Published 10 Jun, 2022 05:13pm

SBP extends date for exchange of old design currency notes

Old design banknotes of Rs10, Rs50, Rs100 and Rs1000 are exchangeable from the SBP Banking Services Corporation

Business & Economy Published 09 Jun, 2022 09:55pm

SBP-held foreign exchange reserves fall to $9.23bn

Central bank says the reserves decrease due to external debt repayment

Business & Economy Updated 06 Jun, 2022 02:26pm

Pakistani rupee crosses 200 against dollar in intra-day trade

Last week, the rupee registered a 0.5% gain as govt’s ended energy subsidies