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
Shoaib Ansari
Federal Minister for Aviation Ghulam Sarwar Khan has said that the government is not planning to sell the iconic Roosevelt Hotel and called the news regarding it as speculative and misleading. His statement comes a
Shoaib Ansari
The auto sales in the country during the month of September jumped to 11,860 units compared to 9,885 units in August, data released by the Pakistan Automotive Manufacturers Association showed. The sector ended the first
Shoaib Ansari
Remittances during the month of September jumped by 31 percent to $2.3 billion compared to the same month last year, data released by the State Bank of Pakistan (SBP) showed on Monday. “Trend of strong
Shoaib Ansari
Prime Minister Imran Khan in a virtual meeting with Facebook's Chief Operating Officer has appreciated the social media network’s investments in the country. He strongly appreciated Facebook's digital literacy initiatives and welcomed the response from
Shoaib Ansari
Pakistan’s trade deficit during the month of September widened by more than 20 percent mainly on account of an increase in imports of wheat, sugar and industrial raw materials, data released by the Pakistan Bureau
Shoaib Ansari
Inflation during the month of September clocked in at nine percent mainly on the back of increase in fuel and food prices, data released by the Pakistan Bureau of Statistics showed. CPI inflation -- General
