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Business

Web Desk
Mar 07, 2024

SBP’s foreign exchange reserves dip by $54 million

State Bank of Pakistan has reported a decrease of $54 million in its foreign exchange reserves for the week ending March 1, 2024.

Business

Web Desk
Mar 06, 2024

Gold price surges by Rs1,500 per tola

In a synchronised move with the global uptrend, gold prices in Pakistan witnessed a substantial increase on Wednesday.

Business Pakistan

Web Desk
Mar 05, 2024

Muhammad Aurangzeb emerges as top contender for Pakistan’s next finance minister

Muhammad Aurangzeb is reportedly on track to assume the role of the country’s next finance minister, according to reliable sources on Tuesday.

Business

Web Desk
Feb 29, 2024

SBP’s forex reserves dip by over $63 million

In the week concluding on February 23, 2024, the State Bank of Pakistan (SBP) experienced a decrease of $63.2 million in its foreign exchange reserves, reflecting a 0.79 per cent decline.

Business

Web Desk
Jan 19, 2024

SBP reports weekly drop in forex reserves amid debt repayments

State Bank of Pakistan (SBP) witnessed a reduction in its foreign exchange reserves by $127 million, bringing the total to $8,027.4 million.

Business

Web Desk
Jan 17, 2024

When will FBR cut mobile, gas, and electricity connections of non-filers?

In a recent development, the Federal Board of Revenue (FBR) has reportedly delayed its nationwide crackdown against non-filers.

Business

Web Desk
Dec 29, 2023

SBP reports notable surge in forex reserves, reaching $7.75 billion

In a notable surge, the State Bank of Pakistan (SBP) witnessed a substantial increase of $852 million in its foreign exchange reserves within a week, reaching a total of $7.75 billion as of December 22, according to data released on Thursday.

Business

Web Desk
Dec 12, 2023

SBP keeps policy rate unchanged at 22% amid economic developments

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has resolved to maintain the policy rate at 22 per cent.

Business Pakistan

Web Desk
Dec 07, 2023

Pakistan targets $13.6 billion in forex reserves for IMF loan

Pakistan has provided assurances to the International Monetary Fund (IMF) regarding the new loan programme.

Business

Web Desk
Dec 05, 2023

Steel bar prices in Pakistan witness notable decline

In a positive development for the construction industry and prospective homeowners, the cost of steel bars in Pakistan has witnessed a notable decrease.