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Web Desk
Feb 12, 2024

Last tranche: IMF to negotiate only with the new government

The IMF delegation has reportedly disinclined to negotiate with the caretaker government, preferring to engage with the incoming elected government.

Business

Web Desk
Dec 14, 2023

SBP reports notable increase in forex reserves

In a notable surge, the foreign exchange reserves held by the State Bank of Pakistan (SBP) experienced an increase of $20.6 million, equivalent to 0.29 per cent WoW, reaching $7.04 billion in the week concluding on December 8, 2023.

Business

Web Desk
Dec 07, 2023

SBP reserves witness weekly dip of $236.8 million

The State Bank of Pakistan (SBP) witnessed a decline in foreign exchange reserves, dropping by $236.8 million, or 3.26 per cent, week over week (WoW), to reach $7.02 billion by the week ending on December 1, 2023.

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.

Business

Web Desk
Nov 23, 2023

Pakistan Stock Exchange closes at new record high of 58,899.84

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index demonstrated robust performance on Thursday, concluding the trading session at 58,899.84.

Business

Web Desk
Nov 22, 2023

Pakistan’s stock market hits new record high, closes at 58,198.76

The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) achieved yet another milestone by closing at a new record high, surpassing the 58,000 mark after a brief period of consolidation in recent trading sessions.