Sana Khalid
Pakistan - China is eager to work with Pakistan to implement the decisions of the recently held 10th Joint Cooperation Committee (JCC) of CPEC, including the Karachi project, Chinese Foreign Ministry Spokesperson Hua Chunying said
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The government has again allowed using banking cheques for payments of over Rs250,000 - local media reported Sunday night. The government had disbanded the use of cheques just two days ago. This underscores its lack
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Pakistan, on Thursday, announced its financial plans for Afghanistan and has chosen to go forth with bilateral trade with the Taliban in Pakistan’s own currency - the rupee. This step is being regarded as Pakistan’s
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The Pakistani rupee stooped to a new one-year low against the US dollar - Rs166.87 - in the interbank market on Wednesday. The demand for foreign currency remained high compared to its supply in the
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Benyamin Ahmed - a 12-year-old British Pakistani boy - has made a whopping £300,000 during school holidays. How has he achieved this remarkable feat? Well, he has done so after creating digital pictures of Weird
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The US dollar appreciated against the Pakistani rupee for a third consecutive day as the State Bank, on Wednesday, reported the closing rate of the US dollar as Rs166.28. This is an all-time high, previously
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Pakistan’s currency stooped to an 11-month low against the US dollar in the interbank market and recorded Rs165.20. This development comes despite the receipt of a notable amount of funds, on Tuesday, from the International
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Pakistan, in July, posted a current account deficit of $773 million compared to the surplus of $583 million in the corresponding month of the previous year, State Bank of Pakistan (SBP) data showed on Friday.
Sana Khalid
The State Bank of Pakistan (SBP) has announced to keep the policy rate unchanged at 7 per cent - hoping that the current account deficit will remain in the range of 2 to 3pc in
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Pakistan, on Tuesday, floated several tenors Eurobonds worth $1 billion at interest rates of up to 8.5%. The bonds have been established to build the country’s foreign exchange reserves. This makes it the first major
