Sana Khalid
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
Sana Khalid
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
Sana Khalid
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
Farhan Qureshi
ISLAMABAD: After two Presidential Ordinances to withdraw corporate income tax exemptions to get Rs70 billion to 140 billion and an addition of a 10 percent power surcharge on consumers, the Executive Board of IMF has
Farhan Qureshi
IMF has agreed to release $500 million for Pakistan as part of budget support program amid COVID-19 The International Monetary Fund (IMF) on Wednesday approved the third tranche of budget support worth US$500 million for
Farhan Qureshi
ISLAMABAD: Federal Board of Revenue (FBR) has created a tax demand of a whopping Rs469 billion against 81 sugar mills The FBR had started its probe against 89 sugar mills after irregularities that were pointed
Farhan Qureshi
After a severe turmoil in the currency of the country, Pakistan is witnessing a bounce back in Rupee against the dollar. The recent recovery is a seventh month high of almost Re 1 against the
Urooj Niazi
The federal government on Wednesday increased fuel prices in the range of 3-8 percent after a summary was forwarded by the Oil and Gas Regulatory Authority (Ogra). “The following will be the prices of the
Adeel Hassan
Remittances for the month of November clocked in above the $2 billion mark for the sixth consecutive month in a row to $2.34bn, the latest data released by the State Bank of Pakistan (SBP) showed
