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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

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 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 Updated 12 Jun, 2023 06:57pm

SBP keeps policy rate unchanged at 21%

MPC notes higher inflation outturns for April and May were broadly as anticipated

Business & Economy Published 08 Jun, 2023 09:10pm

Pakistan’s economic indicators remained dismal in FY2023

The economic survey paints a gloomy picture of the manufacturing sector

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 19 Apr, 2023 03:49am

ECP warns staggered elections will lead to anarchy, poll violence

Defence ministry also calls for simultaneous elections across the country

Pakistan Updated 17 Apr, 2023 10:33am

Election funds issue: Supreme Court’s deadline expires today

Court had summoned officials from the finance ministry as well as the SBP

Pakistan Updated 13 Apr, 2023 07:32pm

Supreme Court suspends new law even before it takes effect

Earlier, the apex court adjourned the hearing for an indefinite period