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Tag: Pakistan Finance

Panda Bonds Pakistan launch
Latest
  • WEB DESK
  • Aug 06, 2024
Pakistan hires Chinese adviser to help issue Panda Bonds

Aurangzeb has previously suggested plans to raise up to $300 million through Panda Bonds this year, aiming to attract Chinese investors.

petrol price without IMF support
Latest
  • WEB DESK
  • Jun 15, 2024
Senate proposes massive increase in petroleum levy on high octane fuel

The Senate Standing Committee on Finance and Revenue has proposed a significant hike in the petroleum development levy (PDL) on high octane fuel, recommending an increase to Rs100 per litre.

SBP held foreign exchange reserves
Latest
  • WEB DESK
  • Jan 19, 2024
SBP reports weekly drop in forex reserves amid debt repayments

State Bank of Pakistan (SBP) witnessed a reduction in its foreign exchange reserves by $127 million, bringing the total to $8,027.4 million.

Interbank closing SBP rate
Latest
  • WEB DESK
  • Nov 21, 2023
Rupee strengthens vs US dollar, closes at PKR 285.79

The Pakistani rupee (PKR) demonstrated resilience against the US dollar (USD), marking 18 paisa gain in Tuesday’s interbank session to settle at PKR 285.79.

SBP to facilitate IT exporters
Latest
  • 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.

Latest

ICC plans new tournament structures, World Cup and T20 formats under review
  • Sadiq Khan
  • 2 Minutes ago
ICC plans new tournament structures, World Cup and T20 formats under review
Lawmakers slam poor mobile service, urge govt to bring Apple to Pakistan
  • Sadiq Khan
  • 28 Minutes ago
Lawmakers slam poor mobile service, urge govt to bring Apple to Pakistan
Trump threatens strike on Iran’s ‘Pickaxe Mountain’ as tensions escalate
  • Reuters
  • 1 Hour ago
Trump announces Iran-linked shipping blockade in Strait of Hormuz
IHC approves Telenor Pakistan’s merger with Ufone operator PTML
  • WEB DESK
  • 2 Hours ago
IHC approves Telenor Pakistan’s merger with Ufone operator PTML
Punjab govt reshuffles bureaucracy, new DCs appointed across several districts
  • Sadiq Khan
  • 3 Hours ago
Punjab govt reshuffles bureaucracy, new DCs appointed across several districts
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