Gold price rises by 2% in Pakistan
Investors’ risk aversion was on display as political tensions sent money into safe-haven assets. Gold price rises by 2% in…
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IMF rejects govt’s proposal to increase BISP coverage
IMF asks Pakistan to use data to provide targeted subsidies. IMF rejects govt’s proposal to increase BISP coverage. The government’s…
Pakistan awaits nod from Gulf states to unlock IMF loan
Non-materialisation may result in Pakistan sliding into default. Pakistan awaits nod from Gulf states to unlock IMF loan. Pakistan is…
IMF ‘satisfied’ with Pakistan but no deal this week
Calls for correcting mistakes made on the economic front in the last four years. IMF ‘satisfied’ with Pakistan but no…
Rupee tumbles by nearly Rs19 against dollar in interbank amid IMF delays
Analysts attributed the record drop — which is 7.04pc — to the government’s impasse with the International Monetary Fund (IMF)….
Gold price up by Rs2,700 per tola in Pakistan
The Pakistani rupee lost 1.73% against the US dollar in the interbank market. Gold price up by Rs2,700 per tola…
SBP gears up to ‘revise’ interest rates in off-cycle review on March 2
No MPC meeting held to date since last month, says SBP. SBP gears up to ‘revise’ interest rates in off-cycle…
Rupee to continue winning streak against dollar in coming week
Trader believes rupee will continue its upward trend against dollar. Rupee to continue winning streak against dollar in coming week….
Gold retreats once again in Pakistan, per tola price declines by Rs1,000
The price registered a meagre decline of $8 per ounce to settle at $1,818. Gold retreats once again in Pakistan,…
SBP forex reserves register meagre rise
Foreign exchange reserves increase to 3,258.5 million. SBP forex reserves register meagre rise. Foreign exchange reserves held by the State…