Gold hits all-time high in Pakistan, yet again
Price of gold (24 carats) rises by Rs450 per tola. Gold hits all-time high in Pakistan, yet again. Gold prices…
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Largest recipient of ADB: Pakistan took loans worth $5.58bn in 2022
Amounts received include $2.67bn concessional funding. Largest recipient of ADB: Pakistan took loans worth $5.58bn in 2022. Owing to the…
Current account posts surplus for first time since Nov 2020
During the last nine months, CAD has declined 74.1% year-on-year. Current account posts surplus for first time since Nov 2020….
Pakistan shares plan to secure $3bn financing with IMF
Islamabad has informed IMF about its plan to secure a $450m RISE-II loan. Pakistan shares plan to secure $3bn financing…
Chinese bank to give $300 million to Pakistan today: Ishaq Dar
Development will boost Pakistan’s low foreign exchange reserves. Chinese bank to give $300 million to Pakistan today: Ishaq Dar. The…
Rupee sinks further, falls to new low against US dollar
Local unit closes at 287.29 against the US dollar. Rupee sinks further, falls to new low against US dollar. Pakistani…
Interest rate hike to keep rupee stable next week
Rupee ended at 283.79 against dollar on Friday. Interest rate hike to keep rupee stable next week. Rupee is likely…
China rolls over $2bn loan to Pakistan, Dar confirms
“I am happy to confirm that this had been rolled over,” Dar says. China rolls over $2bn loan to Pakistan,…
SBP-held reserves fall to less than a month’s import cover
Forex reserves have decreased by $345m to $4.2bn. SBP-held reserves fall to less than a month’s import cover. As Pakistan…
Gold rate sees major drop in Pakistan
Silver price remains unchanged in local market. Gold rate sees major drop in Pakistan. Gold price in Pakistan fell for…