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SINGAPORE: Moody’s Investors Service Tuesday slashed Pakistan’s sovereign credit rating to ‘Caa3’ amid critical loan talks with the International Monetary Fund (IMF), arguing that the worsening...
The State Bank of Pakistan (SBP) on Tuesday “preponed” its Monetary Policy Committee (MPC) meeting on March 2 — which was initially scheduled to meet for March 16...
Gold prices fell on Friday as the rupee ticked higher, while traders continued to position themselves for further rate hikes from the State Bank of Pakistan (SBP)...
State Bank of Pakistan (SBP)-held foreign exchange reserves have witnessed a meagre rise as the cash-strapped nation desperately tries to unlock the critical International Monetary Fund...
Gold jumped on Thursday, bouncing back from the price shock received a day earlier to trade above the key Rs196,000 per tola level as record-high inflation...
Following an increase in the general sales tax, one of the players in the two-wheeler segment in Pakistan — Yamaha Motor — also notified an increase...
The Pakistani rupee bounced back on Wednesday after Finance Minister Ishaq Dar announced that Islamabad is expected to receive $700 million from China this week. The...
Gold prices slipped nearly 1% on Wednesday, weighed down by a jump in the rupee and hopes of revival of the International Monetary Fund (IMF) programme...
The Pakistani rupee snapped its five-day-long winning streak on Tuesday as the local currency shed 0.24% in the interbank market. The local unit settled the day...
Gold prices extended gains on Tuesday near a one-week peak hit in the last week, buoyed by a weaker rupee, while investors looked forward to economic...
