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ISLAMABAD: The textile sector has reached the brink of default in the wake of its inability to service the loans it received under TERF (Temporary Economic Refinance Facility)...
ISLAMABAD: The International Monetary Fund (IMF) has rubbished claims that the multilateral lender had attached any nuclear-programme-related strings to the revival of a bailout stalled for months despite...
Pakistan on Friday received $500 million — the second disbursement of the $1.3 billion facility — from the Industrial and Commercial Bank of China (ICBC). Federal Minister for...
Gold prices were higher for a sixth straight session on Friday, scaling over Rs204,000 as deepening political tensions triggered a fresh wave of concerns regarding a...
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) rose to $4,319 million in the week ending on March 10, the central bank...
Gold prices in Pakistan Thursday increased for the fifth session in a row as political ferment coupled with fears of an imminent meltdown — in case the...
KARACHI: Honda Atlas Cars Pakistan Limited (HACPL) once again jacked up its car prices following a hike in the sales tax on 1400cc and above vehicles, The News reported Wednesday. ...
Gold prices extended gains on Monday as the rupee resumed its downtrend over concerns regarding Pakistan’s external financing and delay in the revival of the International Monetary Fund (IMF) programme....
Remittances sent home by overseas workers dropped 9.5% to $2 billion in February 2023, year-on-year, as exchange rate fluctuations, economic uncertainties, and lack of trust in the...
Gold prices in Pakistan registered losses following the rupee’s appreciation against the dollar as the supply of the greenback increased the in the local market. The...
