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Business

Web Desk
Mar 05, 2024

Pakistan’s central govt debt soars to Rs64.84 trillion

In a recent report released by the State Bank of Pakistan (SBP), the central government’s total debt has surged by 17.85 per cent year-on-year (YoY) to reach Rs64.84 trillion in January 2023, compared to Rs55.02 trillion in the same period of 2022.

Business

Web Desk
Mar 01, 2024

Pakistan’s trade deficit shrinks by 13.49%

In a positive turn of events, Pakistan’s trade deficit showed improvement, recording a 13.49 per cent month-on-month (MoM) decline to $1.71 billion in February.

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
Feb 26, 2024

Banks see 21% increase in overall deposits, surpassing Rs27 trillion

The total deposits held by scheduled banks in Pakistan witnessed a surge of 21.03 per cent, reaching Rs27.54 trillion.

Business

Web Desk
Feb 20, 2024

PSX ends day with modest 4.50 points gain

The benchmark KSE-100 index closed at 60,464, experiencing minimal changes after erasing an earlier gain of 1.3 per cent.

Business

Web Desk
Feb 16, 2024

Weekly inflation falls by 0.78%

The Weekly Sensitive Price Indicator (SPI) for the Combined Group exhibited a modest 0.78 per cent decrease week on week (WoW) for the period ending February 15, 2024.

Business

Web Desk
Feb 15, 2024

SBP-held forex reserves climb to $8.05 billion in weekly boost

In a notable development, the foreign exchange reserves held by the State Bank of Pakistan (SBP) have witnessed a positive trajectory, registering a weekly increase of $13 million, according to data released on Thursday, February 9.