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ISLAMABAD: The country’s trade deficit in the first five months of ongoing fiscal year 2022-23 fell by 30.14% to $14.4 billion due to a drop in non-essential imports, The...
KARACHI: State Bank of Pakistan (SBP)-held foreign exchange reserves declined by 4.17% in line with the dominant trend for the last several weeks. The foreign currency...
ISLAMABAD: The inflation rate eased to 23.8% last month compared to October’s record high inflation of 26.6% in line with the Ministry of Finance’s monthly outlook as the...
The price of petrol in Pakistan will remain unchanged at Rs224.80 per litre for the next fortnight, December 1 to 15, Minister for Finance and Revenue...
KARACHI: Gold price in Pakistan broke its winning streak as the rate declined by Rs400 per tola after local and international investors braced for a speech...
KARACHI: Gold price in Pakistan extended gains on Tuesday as subdued rupee value boosted the precious metal’s appeal in the local and international markets. Data released by the...
The Pakistani rupee Tuesday closed unchanged against the US dollar in the interbank market as demand for the dollar and the supply reached equilibrium. The local unit closed...
KARACHI: The State Bank of Pakistan‘s unexpected increase in the interest rate shook investors’ confidence on the first day of the week, as the stock market took...
KARACHI: The Pakistan’s rupee fell marginally against the US dollar on Monday, depreciating Re0.01 in the interbank market. The rupee settled at 223.95 against the US...
KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Friday raised the key policy rate by 100 basis points to 16% —...
