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![]() Shahid IqbalBusiness Recorder |
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...
KARACHI: The rupee appreciated against the US dollar in both the interbank and open markets on Thursday, following a fresh crackdown on currency...
KARACHI: The State Bank of Pakistan (SBP) on Wednesday slashed treasury bill (T-bill) yields by up to 39 basis points, signalling possible room for a...
KARACHI: The outflow of profits and dividends on foreign investment remained tightly controlled in FY25, totalling $2.219 billion — only slightly...
KARACHI: Despite record-high remittance inflows and a current account surplus, the currency market is facing a dollar shortage, with banks charging...
• Private sector borrowing remains just 21pc of total bank advances • Central govt debt soars to Rs76tr KARACHI: Bank lending to the government...
KARACHI: Foreign investment outflows from treasury bills (T-bills) exceeded $1.5 billion in FY25, with June recording the highest monthly outflow,...
KARACHI: The State Bank of Pakistan (SBP) ramped up its foreign exchange reserves to a 39-month high of $14.5 billion by the end of FY25 after...
KARACHI: State Bank Governor Jameel Ahmed on Monday stressed that economic growth holds little significance unless it is both sustainable and...
KARACHI: Foreign exchange companies contributed around $450 million to remittance inflows during June, taking their total contribution to...
KARACHI: Despite a brief military conflict and the continued closure of borders, trade between Pakistan and India persisted in May, with official data...
KARACHI: India’s attempt to disrupt Pakistan’s external trade by banning ships carrying Pakistani goods from anchoring at its ports has failed to...
KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) dropped sharply by $2.7 billion in a week, falling to a three-year low and...
KARACHI: Retail payment volumes rose by 12 per cent year-on-year to 2,408 million transactions in the third quarter of FY25, while the overall...
KARACHI: The Indian aggression against Pakistan has not hurt, strangely enough, the inflow of foreign investment into treasury bills, while outflows...
KARACHI: A growing shortage of dollars in the interbank market has unsettled the exchange rate, prompting banks to offer higher-than-official rates to...
KARACHI: The government borrowed over Rs915 billion from banks on Wednesday, but the unscheduled treasury bill auction triggered speculation about the...
KARACHI: Pakistan looks set to exceed its annual remittances target of $38 billion with $3.7bn inflows in May. So far in the 11 months of the fiscal...
KARACHI: The growing adoption of battery energy storage systems (BESS) in Pakistan is set to reshape the energy landscape — enabling a more...