Print Onion MEP fixed at $1,200 per MT KARACHI: The federal government on Friday announced fixation of the minimum export price of onion at $1,200 per... Updated 13 Jan, 2024 09:01am
Business & Finance Dec workers’ remittances post 5.4pc growth MoM KARACHI: Inflows of workers’ remittances recorded 5.4 percent growth in December 2023 compared to November 2023, the... Updated 11 Jan, 2024 09:56am
Pakistan Onion prices rise due to increased export demand KARACHI: Prices of onion, a running staple food in every household, shoot up to Rs 250 per kg in the domestic retail... Published 10 Jan, 2024 05:22am
Markets Forex reserves hit 23-week high KARACHI: The State Bank of Pakistan (SBP) foreign exchange reserves recorded a notable increase of $ 1.3 billion... Published 05 Jan, 2024 03:12am
Business & Finance 45,000MTs of imported urea arrives KARACHI: A second vessel carrying some 45,000 metric tons imported urea has reached Pakistan for domestic ... Published 03 Jan, 2024 05:32am
Print Banks’ retail transactions: Q1 share of digital payments soars to 80pc KARACHI: The share of digital payments in retail transactions of the banking system increased to 80 percent during... Updated 31 Dec, 2023 07:19pm
Print SBP terms FY23 ‘extraordinarily challenging’ KARACHI: The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks,... Updated 30 Dec, 2023 08:16pm
Print Foreign investors: Jul-Nov profit repatriation soars 312pc to $532m YoY KARACHI: Repatriation of profit and dividends by foreign investors posted a notable 312 percent growth during the... Updated 28 Dec, 2023 08:53am
Print Six major currencies: ECs implement new exchange rate mechanism KARACHI: Following the directives of the State Bank of Pakistan (SBP), Exchange Companies Association of Pakistan... Updated 28 Dec, 2023 09:40am
Print Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing jumps 200pc to Rs2.876trn YoY Entire amount was borrowed from the SBP and scheduled banks to finance the fiscal deficit Updated 27 Dec, 2023 09:54am
Print Open market exchange rate calculation: Mechanism finds favour with ECAP Exchange Companies Association of Pakistan appreciates State Bank of Pakistan’s efforts for stability of exchange rate Updated 26 Dec, 2023 10:02am
Print Open market: SBP unveils new exchange rate mechanism KARACHI: In order to ensure transparency and credibility to the process of compiling open market exchange rate, the... Updated 23 Dec, 2023 02:50pm
Print Nov C/A posts $9m first monthly surplus after June KARACHI: After posting deficits for four consecutive months, the country’s current account improved significantly... Updated 19 Dec, 2023 10:01am
Business & Finance PBA launches ‘Shared E-Know Your Customer’ platform KARACHI: Pakistan Banks Association (PBA), under the guidance of the State Bank of Pakistan, has launched “Shared... Published 19 Dec, 2023 05:20am
Business & Finance Key policy rate kept unchanged at 22pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday kept the policy rate... Published 13 Dec, 2023 05:33am
Print RDA inflows hit record high of $7.035bn KARACHI: Gross inflows of the Roshan Digital Account (RDA) rose to an all—time higher level of $ 7.035 billion at... Updated 12 Dec, 2023 08:45am
Print Digital payments: SBP launches ‘Raast P2M’ service KARACHI: The State Bank of Pakistan (SBP) has launched an interoperable Raast Person to Merchant (P2M) service to... Updated 06 Dec, 2023 09:50am
Business & Finance Jul-Oct govt debt stocks increased by Rs1.641trn KARACHI: The federal government’s total debt (domestic and external) stocks increased by Rs 1.641 trillion during... Updated 06 Dec, 2023 08:40am
Print DPC proposes ‘appropriate’ changes in statute KARACHI: The Deposit Protection Corporation (DPC) has proposed “appropriate” changes in its statute to enhance its... Updated 02 Dec, 2023 03:53pm
Print SBP adopts ‘VPN technology’ for DAP connectivity KARACHI: The State Bank of Pakistan (SBP) has decided to adopt network level security by implementing the ‘Virtual... Updated 22 Nov, 2023 09:22am