Business
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Foreign exchange reserves of Pakistan down by $748 million
KARACHI: State Bank of Pakistan’s (SBP) foreign exchange reserves have dropped to $8.24 billion, after recording a decline of $748...
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Loan approval from Chinese banks; Rupee gains Rs3.94 in interbank market
KARACHI: After the Chinese banks approved a loan of $2.3 billion, the local currency showed good progress during the intraday...
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IMF agrees to release $1 billion tranche; Rupee shows slow progress
ISLAMABAD: After a long wait, the International Monetary Fund (IMF) has agreed to release the $1 billion tranche. Finance Ministry...
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Dollar reaches new highs of Rs212
KARACHI: On the back of Pakistan staring directly at a default, the greenback is pushing the local currency to a...
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Battered, bruised, broken – rupee hits all-time low against dollar
KARACHI: With economy in turmoil, no IMF bailout programme in sight, the rupee continued to take hits against the US...
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IMF delaying staff-level agreement; National Assembly yet to pass budget 2022-23
ISLAMABAD: The finance authorities of Pakistan are in a tight situation as the International Monetary Fund (IMF) and Pakistan have...
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Will they? Won’t they? FATF to decide Pakistan’s fate today
All eyes are set on the Financial Action Task Force (FATF) - the global money-laundering and terror-financing watchdog, as it...
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Rupee continues to take battering at hands of dollar
KARACHI: The US dollar continues to weaken the Pakistan rupee as the former is now trading at over Rs208 in...
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Fuel prices increased yet again; govt left with no choice opines PM Shehbaz
The government has announced yet another increase in the prices of petroleum products late on Wednesday night, with petrol now...
Read moreDetailsDollar’s flight continues; no recovery for rupee in sight
KARACHI: With economy in doldrums and low investor confidence, dollar rose to Rs207 in the interbank market here on Thursday...
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Young trader killed during robbery bid in Karachi
A 22-year-old trader was tragically shot dead during a robbery attempt on New M.A. Jinnah Road on Sunday evening, according...
PSX soars over 1,200 points amid optimism on inflation and interest rate cuts
The Pakistan Stock Exchange (PSX) maintained its bullish momentum on Monday as the benchmark KSE-100 index surged 1,248.84 points, or...
PTI suspends Islamabad protest following deadly clashes, appeals for justice
The Pakistan Tehreek-e-Insaf (PTI) announced the suspension of its Islamabad sit-in early Wednesday after a day of intense clashes in...
KSE-100 Index surges over 600 points amid banking sector rally
Bullish sentiment dominated the Pakistan Stock Exchange (PSX) on Monday as the KSE-100 index climbed 621.85 points, or 0.64 per...
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