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Gold loses shine as price drops by over Rs4,000 per tola By Business Desk |July 11, 2023 KARACHI: The prices of gold in Pakistan saw a...
Finance Minister Ishaq Dar said Tuesday that Saudi Arabia deposited $2 billion in the State Bank of Pakistan (SBP) days after Islamabad reached a staff-level agreement...
After last week’s clear-out in the bond market, investors are back to trading near-term rate expectations. With an eye on Wednesday’s US inflation data, traders in...
The Taliban-led Afghanistan has begun the oil extraction from the wells in the Qashqari oilfield in Sar-e-Pul province, Anadolu reported on Sunday. “Priority will be given to the...
KARACHI: The rupee is expected to remain steady next week as the currency market hopes for the approval of Pakistan’s bailout package by the International Monetary...
KARACHI: The International Monetary Fund (IMF) is seeking the support of major political parties, including Pakistan Tehreek-e-Insaf (PTI), for a recently announced $3 billion bailout programme,...
KARACHI: As the government grapples with a ballooning budget deficit and a sluggish economy, the central bank’s auction calendar shows it plans to borrow a record...
ISLAMABAD: The Public Accounts Committee (PAC) has directed a forensic audit of soft loans amounting to $3 billion extended to various companies and individuals during the...
Prime Minister Shehbaz Sharif said Wednesday that Pakistan would fulfill its commitments made to the International Monetary Fund (IMF) to secure a short-term financing deal, helping...
ISLAMABAD: The power sector circular debt has reached a staggering amount of Rs2.646 trillion by the end of May 2023, registering an increase of Rs394 billion...
