Pakistan greenlights barter trade with Afghanistan, Iran, Russia
List allows 26 items to be exported to Afghanistan, Iran, Russia Pakistan greenlights barter trade with Afghanistan, Iran, Russia. In…
Inflation
No respite for masses, weekly inflation hits all-time high of 48.35% YoY
Analyst says SPI went up mainly because of an increase in prices of chicken, wheat flour. No respite for masses,…
Gold surpasses previous high, breaches Rs225,000-mark for first time
The price of gold in the international market rose by $29 to settle at $2,044 per ounce. Gold surpasses previous…
Gold price soars to record high of Rs218,600 per tola
Gold price (24 carats) rises by Rs1,100 per tola and Rs943 per 10 grams. Gold price soars to record high…
Pakistanis drown under spiralling prices as inflation hits all-time high of 35.4%
Fresh inflation reading augments prospects of rise in interest rates. Pakistanis drown under spiralling prices as inflation hits all-time high…
Inflation accelerates to 27.6% in January — highest since May 1975
Consumer prices rise due to supply constraints for food products. Inflation accelerates to 27.6% in January — highest since May…
S&P Global Ratings downgrades Pakistan’s credit score
Fitch and Moody’s have already ranked Pakistan’s bonds below investment grade. S&P Global Ratings has downgraded Pakistan’s credit score due…
SBP hikes policy rate by 100bps to 16pc
Amid the on-going economic slowdown, inflation is increasingly being driven by persistent global and domestic supply shocks that are raising…
SBP maintains policy rate at 15pc
Higher food prices could raise average headline inflation in FY23. SBP maintains policy rate at 15pc. The State Bank of…