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Business

Web Desk Karachi
Jun 17, 2025

ECB President calls for united Europe to boost Euro’s global role

This moment of change is an opportunity for Europe: it is a ‘global euro’ moment,” she wrote in an op-ed in the Financial Times published Tuesday.

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.

Business

Web Desk
Feb 15, 2024

Pakistan’s large scale manufacturing grows 15.69%

Pakistan’s Large Scale Manufacturing Industries (LSMI) demonstrated a notable surge of 15.69 per cent in production during December 2023.

Business

Web Desk
Jan 16, 2024

Pakistan’s big industries witness 3.63% surge in production

In a recent report released by the Pakistan Bureau of Statistics (PBS), the country’s Large Scale Manufacturing Industries (LSMI) experienced a notable upswing in production, marking a 3.63 per cent month-on-month (MoM) increase.

Business

Web Desk
Jan 05, 2024

SBP reports highest forex reserves since July 2023

In a weekly update, the State Bank of Pakistan (SBP) reported a notable surge in foreign exchange reserves, revealing an increase of $464 million, reaching $8.2 billion as of December 29.

Business

Web Desk
Dec 30, 2023

SBP forecasts substantial decline in inflation for FY2024

Pakistan’s central bank anticipates a notable decline in inflation to approximately 20–22 per cent for the fiscal year 2024.

Pakistan

Web Desk
Nov 15, 2023

Pakistan reaches staff-level agreement with the IMF

Pakistan has successfully reached a staff-level agreement with the International Monetary Fund (IMF) following the first review of a $3 billion bailout.

Business