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Reuters
Apr 08, 2025

Trump threatens to hike China tariffs further as market plunge continues

Financial markets across the globe posted a third day of losses in response to Trump’s tariffs and fears of a recession.

Business

Web Desk
Jul 27, 2024

SBP injects over Rs9.5 trillion into financial market to enhance liquidity

On Friday, the State Bank of Pakistan (SBP) injected a total of Rs9,545 billion into the financial market through a combination of OMOs.

Business

Web Desk
Mar 11, 2024

Interbank closing: PKR continues slight depreciation trend

The Pakistani rupee (PKR) experienced a marginal depreciation against the US dollar (USD) during Monday’s interbank session.

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
Oct 26, 2023

Pakistani rupee continues decline against US dollar, closes at Rs280.09

In the latest financial developments, the Pakistani rupee saw its value diminish against the US dollar for the fourth consecutive time, marking a 0.07 per cent depreciation in the inter-bank market on Thursday.

Business

Web Desk
Oct 24, 2023

Interbank closing: rupee continues to lose against US dollar, closes at Rs279.43

Pakistani rupee (PKR) experienced a depreciation of 31 paisa against the US dollar, settling at PKR 279.43.

Business

Web Desk
Oct 21, 2023

No change expected: SBP likely to maintain 22% interest rate

The State Bank of Pakistan (SBP) is expected to keep its key interest rate steady at 22 per cent this month, according to Topline Securities.

Business

Web Desk
Oct 18, 2023

Pakistani rupee loses more than Rs3 against US dollar in a single day

According to the State Bank of Pakistan, the Pakistani rupee settled at Rs280.29 after a notable decrease of Rs3.26 in the inter-bank market.

Business

Web Desk
Oct 05, 2023

PKR maintains one-month winning streak versus dollar, closes at Rs283.62

In a remarkable display of resilience, the Pakistani rupee has sustained a winning streak against the US dollar for an entire month, marking a significant financial achievement.