Despite a $1 billion bond payment, SBP reserves are above $8 billion.
KARACHI: During the week ending April 12, the State Bank's foreign exchange…
Auto loans continue to decline.
KARACHI: Because consumers continued to be hesitant to take up expensive auto…
Rupee’s value declines relative to the dollar.
KARACHI: For the third straight session on Wednesday, the rupee was under…
High yields lower than expected rate
KARACHI: During a treasury note auction on Wednesday, the government raised far…
Rupee drops 17 paise compared to the US dollar.
KARACHI: Tuesday saw the rupee fight to hold onto its strength, but…
Important choices will probably be made today when the cabinet meets.
ISLAMABAD: The federal cabinet will convene on Wednesday under the call of…
Dollar gains contradict expectations for further inflows
KARACHI: The US dollar gained strength in the interbank market as the…
Bank loans to the government total a record Rs4.7 trillion.
KARACHI: In the past two months, the government has borrowed an additional…
Exporters sell dollars due to concerns about depreciation.
KARACHI: Due to exporters selling their earnings quickly in anticipation of further…
PSX gains 700 points during the day.
On Wednesday, the Pakistan Stock Exchange (PSX) trade floor was dominated by…
