Sana Khalid
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
Sana Khalid
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
Sana Khalid
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
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
