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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.

Pakistan

Web Desk
Nov 30, 2023

SBP reserves increase by $77 million, reaching $7.26 billion in one week

During the week ending on November 24, 2023, the State Bank of Pakistan (SBP) saw a noteworthy increase of $77 million in its foreign exchange reserves, reaching a total of $7.26 billion, as reported in data released on Thursday.

Business

Web Desk
Nov 16, 2023

Rupee ends 17-day losing streak, closes at Rs287.38 vs US dollar

In a noteworthy development on Thursday, the Pakistani rupee successfully halted its 17-day depreciation trend against the US dollar, exhibiting a gain of 0.26 per cent to conclude at Rs287.38.