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Business & Economy Published 16 Nov, 2023 11:33pm

SBP’s forex reserves fall to $7.39b

Total liquid foreign reserves of country stands at $12.53b

Business & Economy Published 10 Nov, 2023 11:41am

October witnesses surge in remittances from overseas Pakistanis

The remittances of overseas Pakistanis have increased in October as compared to September.

Business & Economy Published 03 Nov, 2023 08:13pm

SBP, Arab Monetary Fund ink MoU to facilitate cross-border remittances

Integration of Raast with Buna aims to facilitate cross-border remittances between Arab region, Pakistan

Business & Economy Published 30 Oct, 2023 04:39pm

Monetary policy: SBP maintains policy rate at 22pct

MPC projects headline inflation to decline in October

Business & Economy Published 30 Oct, 2023 11:13am

Monetary Policy Committee to meet today to discuss decrease in interest rate

Reports say the rate could be decreased today

Business & Economy Published 23 Oct, 2023 08:00pm

SBP increases retention limit to 50% for IT exporters

Exporters allowed to make payments from ESFCAs without approval from SBP or banks

Business & Economy Published 23 Oct, 2023 06:46pm

Pakistan’s real GDP growth to fall in range of 2 to 3% in FY24: SBP

SBP says it expects a fiscal deficit ranging from 7 to 8%

Business & Economy Published 16 Oct, 2023 06:37pm

SBP clarifies both blue, green color banknotes of Rs75 can be used

Central bank says both banknotes are legal tender

Pakistan Published 26 Sep, 2023 03:15pm

SBP suspends authorisation of two exchange companies

The central bank says they violated regulations

Pakistan Published 16 Sep, 2023 01:31pm

SBP suspends exchange company licence over violation

Company debarred from undertaking any kind of business activity

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 Published 11 Sep, 2023 05:28pm

Pakistan’s remittances recorded at $2b for August

SBP says worker remittances were slightly up from July

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 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 Published 21 Jul, 2023 06:35pm

Bullish momentum in PSX amid improved microeconomic indicators

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

Business & Economy Published 20 Jul, 2023 10:57pm

SBP foreign exchange reserves almost doubled over a week’s time

Forex reserves exceed $8b after gaining $4.2b

Pakistan Updated 14 Jul, 2023 11:38pm

Nine suspects held as FIA conducts inquiry against loan shark apps

Suspects were assigned a task of making 100 to 150 calls on a daily basis, says FIA spokesperson

Business & Economy Published 14 Jul, 2023 04:57pm

PKR shed Rs1.1 in the interbank market as PSX records slight decline

The US dollar goes up by RS2 in the open market too

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

Pakistan reserves increases to Rs$4b

Reserves increased by $61 million

Business & Economy Updated 13 Jul, 2023 07:55pm

Rupee gains Rs1.02 against dollar after Pakistan clinches deal with international lender

Dollar closed at Rs276.46, according to State Bank of Pakistan

Business & Economy Published 12 Jul, 2023 07:36pm

UAE deposits $1 billion with Pakistan minutes before key IMF meeting

The finance czar thanks UAE leadership for helping Pakistan

Business & Economy Published 12 Jul, 2023 05:29pm

Rupee gains on second consecutive day in interbank market

The equity market remains bullish amid positive sentiments

Business & Economy Published 10 Jul, 2023 06:25pm

Gold prices up by Rs800 in Pakistan after rupee weakens

Per tola gold clock-in at Rs209,000

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 Published 03 Jul, 2023 09:29pm

SBP’s foreign reserves stand at $4b after increasing by $533m

Total liquid foreign exchange reserves held by the country stood at $9.34 billion

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 21 Jun, 2023 07:39pm

Banks to remain closed for four days on Eid ul Azha

The SBP had announced two holidays for Eid ul Azha

Pakistan Published 21 Jun, 2023 12:28am

Army should remain apolitical, says PML-N’s Afnan Ullah

Economist Farrukh Saleem cites Pakistan has no other option other than IMF