Hussain
The cement sector posted a growth of 4.19 percent in its sales during November 2020 compared to the same month of last year, which was the lowest monthly growth in the current fiscal year after
Shoaib Ansari
Pakistan’s exports hit a 30-month high in November as total proceeds during the month clocked in at $2.155 billion -- above the $2bn mark, latest data released by the Adviser to PM on Commerce and
Shoaib Ansari
Rupee staged a massive comeback against the dollar on Tuesday recovering by as much as 95 paisas to close yesterday’s session at Rs160.08. The rupee had earlier crossed the 161-mark for the first time in
Shoaib Ansari
Remittances to Pakistan increased by 14.1 percent year on year to $2.3 billion, clocking in above the $2bn mark for the fifth consecutive month in a row, the latest figures released by the State Bank
Shoaib Ansari
Pakistani rupee is Asia’s third-best performing currency since October 1, a comparison released by Bloomberg showed. The rupee trails behind the Indonesian Rupiah and South Korean Won. As per the exchange rate figures released by
Shoaib Ansari
Inflation for the month of October eased to 8.9 percent compared to 9pc in September mainly on the back of a gradual decline in food prices, data released by the Pakistan Bureau of Statistics showed.
Shoaib Ansari
The dollar in the interbank market fell to a six-month low as it traded as low as Rs106. The rupee has been strengthening in the last few weeks owing to better inflows in the form
Shoaib Ansari
The State Bank of Pakistan earned a record profit of Rs1.16 trillion during the fiscal year 2019-20 ended on June 30, compared to a loss of Rs1.043bn during the same period last fiscal year, data
Shoaib Ansari
The State Bank of Pakistan (SBP) on Tuesday introduced a transparent mechanism, with complete delegation to banks, for remitting disinvestment proceeds to facilitate foreign direct investment (FDI). Under the new mechanism, the banks will be
Shoaib Ansari
The rupee rose to its five-month high level on Thursday as it was at Rs163.20 in the interbank market mainly on the back of lower demand for foreign currency due to lower imports and a
