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Business

Web Desk
Mar 09, 2024

IMF signals readiness for second review of Pakistan’s SBA

In a recent media briefing, Julie Kozack, the Communication Director of the International Monetary Fund (IMF), announced the organisation’s readiness to undertake a mission for the second review of the stand-by arrangement with Pakistan.

Business

Web Desk
Jan 02, 2024

IMF to decide on $700 million tranche for Pakistan next week

The International Monetary Fund has marked Pakistan on its Executive Board’s agenda for January 11, as disclosed on the official IMF website.

Business

Web Desk
Dec 05, 2023

Pakistani rupee ends higher vs US dollar for the sixth consecutive session

In the ongoing trend, the Pakistani rupee extended its appreciation against the US dollar for the sixth consecutive session, gaining 0.05 per cent in the inter-bank market on Tuesday.

Pakistan

Web Desk
Dec 03, 2023

Pakistan secures key slot in UNESCO executive board elections

The Foreign Office released a statement expressing gratitude for the overwhelming support from the Executive Board members and all UNESCO member countries.

Business

Web Desk
Nov 23, 2023

SBP’s reserves decline by $216.7 million amidst debt repayments

In the week concluding on November 17, 2023, the State Bank of Pakistan (SBP) observed a decline in its foreign exchange reserves by $216.7 million, marking a 2.93 per cent decrease compared to the previous week.