The International Monetary Fund (IMF) has deposited $1.2 billion into the State Bank of Pakistan’s (SBP) account, boosting the cash-strapped nation’s hope for economic stability, as...
KARACHI: Gold prices in Pakistan made major gains on Thursday ahead of the month of Muharram which marks the beginning of the new Islamic year. According...
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...