Finance Minister Ishaq Dar on Thursday said that the International Monetary Fund (IMF) was “satisfied” with Pakistan’s actions but the staff-level agreement could not be signed this week. “We seem to be...
As people remain curious as to why the All Pakistan Sarafa Gems and Jewellers Association did not release the gold rates on Wednesday, it was learnt...
Gold extended its downward spiral on Tuesday for the fourth consecutive session as the Pakistan rupee continues to strengthen against the US dollar in both —...
KARACHI: Pakistan’s textile exports dropped for the fifth consecutive month in February, seeing a decline of 28% and landing at $1.2 billion as compared to the same month of the...
Gold rate slipped under Rs200,000 per tola on Monday as the Pakistan rupee continued to recover against the dollar for the third straight session, prompting investors to shift...
The rupee gained further ground against the US dollar as Pakistan was able to secure $500 million from the Industrial and Commercial Bank of China (ICBC) and the expectation...
KARACHI: The Pakistan rupee gained significant ground against the US dollar after Finance Minister Ishaq Dar’s assurances of striking a deal with the International Monetary Fund (IMF) next...
In an off-cycle review, the State Bank of Pakistan (SBP) raised its key interest rate by 300 basis points on Thursday, exceeding investor expectations, as the cash-strapped country...
Following a historic decline of the Pakistani rupee against the US dollar, the per tola gold price in Pakistan surged by a whopping 4.77% as investors’ attention once...
ISLAMABAD: As a part of the conditions laid forth by the International Monetary Fund (IMF) to unlock more than $1 billion in funding, the coalition government has discontinued the...