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Rupee gains value in interbank after IMF reaches staff-level agreement with Pakistan
KARACHI: On Thursday, the local currency gained strength as Pakistan and International Monetary Fund (IMF) reached the staff-level agreement for...
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IMF reaches staff-level agreement with Pakistan; to release $1.17bn loan tranche soon
In a positive and a much-needed development, the loan-lending body, International Monetary Fund (IMF) confirmed that it had reached a...
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SBP increases policy rate to 15pc
KARACHI: The State Bank of Pakistan (SBP) has decided to stabilise the inflation and economic situation of the country by...
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Dollar’s value surges to Rs208
KARACHI: Amid the delay in the release of the much-needed $1.85 billion tranche by the International Monetary Fund (IMF), the...
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Using your bank’s ATM to withdraw cash? Pay charges of Rs 3.13 on every transaction
KARACHI: Banks across Pakistan have decided to increase and impose new ATM transaction charges. According to the latest announcement, if...
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Government increases petroleum prices by Rs14.85 per litre
ISLAMABAD: On Thursday, the government jacked up the petroleum prices by Rs14.85 per litre. In the last two months, this...
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With IMF loan in sight, rupee gains Rs1.40 during interbank trading
KARACHI: As the deal with the International Monetary Fund (IMF) enters the final phase, the rupee continues to gain value...
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Rupee shows progress; up by Rs1.25 against dollar
KARACHI: With Pakistan's foreign reserves getting a much-needed boost, the rupee's performance against the US dollar has also improved. According...
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MEFPs from IMF received by Pakistan: Miftah
Finance Minister Miftah Ismail took to Twitter to announce on Tuesday that the country had received "an MEFP from the...
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IMF could lend $2bn to Pakistan, reveals PM Shehbaz
Prime Minister Shehbaz Sharif has revealed that the International Monetary Funds (IMF) could lend Pakistan $2 billion. However, the prime...
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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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