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Sources say an official announcement in this regard is expected soon. Staff-level agreement will pave way for $1.2b disbursement, which is expected in August. Disbursal would...
SBP has cumulatively increased the rate by 800 basis points since Sept 2021 to control inflation. MPC to meet next on August 22; will carefully monitor...
Rupee sheds Rs1.05, or 0.50%, against the US dollar in interbank market. Currency dealers believe rupee erased previous sessions’ gains by tracking importers’ dollar demand due to Eid...
Gold price settles at Rs142,900 per tola Rate settles at Rs122,514 per 10 grams. Silver prices in domestic market remain unchanged. KARACHI: Gold price in Pakistan...
Gold price settles at Rs141,400 per tola in local market. Price declines by Rs257 per 10 grams. Price decreases by $4 per ounce in international market. KARACHI: The...
Local currency gains 0.14%, against greenback. Traders say rupee is expected to recover this week as uncertainty over the revival of IMF programme is vanishing. Last week, rupee...
Minister for Finance Miftah Ismail on Friday said that he was “not supposed to” appear on national television the night before to announce a hike in...
Govt decides to suspend gas supply to divert more LNG to power sector. To review decision after Eidul Azha. Official says gas supply to two sectors...
PSX closes in red due to profit profit-booking ahead of financial year closing. Market closed in the red with a loss of over 467.89 points. Shares of...
Miftah Ismail says may receive $2 billion instead of $1 billion from IMF. Pakistan receives MEFP from IMF for seventh, eighth reviews. This critical development signals...
