|
Shahid IqbalBusiness Recorder |
KARACHI: Instead of improving, the foreign investment climate has become more difficult for Pakistan, as seen in treasury bills where outflows surged...

KARACHI: Remittances from overseas Pakistanis, the country’s most reliable source of foreign exchange, remained strong in November, raising hopes...

KARACHI: Though the rupee has been appreciating against the dollar in what dealers describe as a managed way, the market expects the local currency to...

KARACHI: The impressive growth of non-bank financial institutions (NBFIs), hailed by the State Bank of Pakistan (SBP) in 2024, has quickly unravelled...

The State Bank of Pakistan (SBP) said on Thursday that Saudi Arabia has agreed to extend the $3 billion deposit held with the bank for another year....

KARACHI: Credit to the private sector was at a three-year high in the first five months of the current fiscal year, but bankers said the money was not...

• Makes account-to-account transfer mandatory for dollar deposits • Individuals no longer allowed to buy cash dollars from open market KARACHI:...

KARACHI: The State Bank of Pakistan (SBP) on Thursday launched a new digital platform, opening another channel for individuals and corporates to...

KARACHI: The relentless surge in global gold prices has weakened confidence in the US dollar, long considered the world’s safest reserve currency,...

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves continued to grow gradually in recent weeks, maintaining stability in the...

KARACHI: Pakistan’s iron and steel scrap imports rose to their highest level since 2021, indicating a shift in the government’s import policy,...

KARACHI: Foreign investors have shifted their focus towards government treasury bills, investing $138.4 million in the first 17 days of October,...

KARACHI: Repatriation of profits and dividends on foreign investments rose by 86 per cent in the first quarter of the current fiscal year (FY26),...

KARACHI: Foreign exchange companies sold $646 million to banks during the first quarter of FY26, down from $750m in the same period last year,...

KARACHI: Exporters are increasingly selling dollars in the forward market to hedge against risks associated with a managed exchange rate, currency...

KARACHI: The federal government has launched a cost-sharing, interest-free loan scheme for electric bikes, rickshaws, and loaders to promote energy...

KARACHI: Currency dealers say the State Bank of Pakistan (SBP) has slowed down its dollar purchases from the interbank market in an apparent effort to...

KARACHI: The federal government has introduced a subsidised housing financing scheme aimed at helping Pakistanis from middle and lower-income groups...

KARACHI: Pakistan is expected to meet all seven Quantitative Performance Criteria (QPC) set by the International Monetary Fund (IMF) ahead of the...

KARACHI: Profit and dividend repatriation on foreign investments in Pakistan more than doubled year-on-year in the first two months of the current...

KARACHI: Pakistan’s current account deficit (CAD) for August stood at $245 million, a slight improvement compared to the previous month’s deficit...

KARACHI: The government exceeded its borrowing target in the treasury bills (T-bills) auction held on Wednesday, raising Rs201.8 billion against...

KARACHI: Pakistan cannot regulate cryptocurrencies within its current financial system, as the State Bank tightly manages foreign exchange, but...

KARACHI: The State Bank of Pakistan (SBP) is expected to maintain the current interest rate at 11 per cent in its upcoming monetary policy...

KARACHI: Pakistan’s total government debt has increased by Rs9 trillion in just one year up to June 2025, with domestic debt representing the...

KARACHI: Remittances sent by overseas Pakistanis have remained robust despite the rationalisation of incentives for banks and exchange companies....

KARACHI: Foreign investment in domestic bonds has recorded net outflows during the first two months of the current fiscal year, despite moderate...

KARACHI: The government surpassed its target in Wednesday’s treasury bill auction, raising Rs515.2bn, with banks offering more than three times the...

KARACHI: The State Bank of Pakistan (SBP) has projected GDP growth between 3.25 and 4.25 per cent for FY26, based on improved macroeconomic...

KARACHI: The government plans to borrow approximately Rs4.8 trillion through banks and capital markets during the September-November period to...

KARACHI: The Pakistani rupee is under increasing pressure as demand for dollars rises, while exchange companies are struggling with a severe shortage...

KARACHI: Currency dealers in the banking market have reported a sharp 50 per cent decline in dollar sales by money changers this month, amid concerns...

KARACHI: Thousands of banking transactions, valued in the hundreds of millions, were delayed or stuck due to power outages caused by heavy rains...

KARACHI: Currency dealers in the banking market have reported a sharp 50 per cent decline in dollar sales by money changers this month, amid concerns...

KARACHI: Liquidity was in pursuit of investment opportunities as banks and the corporate sector collectively invested Rs1.385 trillion in Treasury...

• Governor calls for deeper capital markets as savings ratio slumps to 7.4pc of GDP • Private and public investments fall KARACHI: Pakistan’s...

KARACHI: Foreign investors dumped government treasury bills (T-bills) worth $49 million in July, the first month of FY26, while fresh inflows shrank...

KARACHI: The State Bank of Pakistan (SBP) has called for wide-ranging structural reforms to place the economy on a path of higher, sustainable and...

KARACHI: The State Bank of Pakistan (SBP) has reportedly selected a Japanese firm to develop a central bank digital currency (CBDC), following the...

KARACHI: The default rate in the small and medium enterprises (SME) sector continued to rise during the third quarter of FY25, despite various...

KARACHI: The recent reduction in the State Bank of Pakistan’s policy rate to 11 per cent, nearly half of what it was in July 2024, has failed to...

KARACHI: The bullish trend in remittances remained intact as Pakistan received $3.214 billion in July, marking a 7.4 per cent increase year-on-year...

KARACHI: The government’s efforts to artificially bring down the dollar rate are faltering, with market forces pushing back against a Rs250 exchange...

KARACHI: The government raised Rs639 billion through the auction of Pakistan Investment Bonds (PIBs) on Friday — more than double the Rs300bn target...

KARACHI: The government raised Rs639 billion through the auction of Pakistan Investment Bonds (PIBs) on Friday — more than double the Rs300bn target...

KARACHI: Pakistan faces another challenging year of external debt servicing in FY26, requiring significant rollovers to manage repayments totalling...

KARACHI: Pakistan faces another challenging year of external debt servicing in FY26, requiring significant rollovers to manage repayments totalling...

KARACHI: The government seems willing to fast-track the adoption of crypto currencies for banks, foreign exchange companies and gold trading,...

• No more ‘premiums’ on dollar sale • Bankers say ‘artificial rates’ could encourage ‘blackmarketing’ of foreign currency KARACHI:...

KARACHI: The rupee strengthened against the US dollar, gaining Rs1.30 in the interbank market and Rs1.50 in the open market, following a renewed...
