Dar favours currency market intervention
Finance Minister Ishaq Dar said on Wednesday that a few changes would be made in…
Tagged: SBP
Pakistan’s current account deficit shrinks by 42% to $703m
KARACHI: The strategies adoped to shorten the import boycott have kept on proving to be…
Govt borrows record Rs760bn from banks in July-August
KARACHI: The central government has acquired record cash, over Rs760 billion, from planned banks during…
Govt bound to hike gas prices, fuel GST under IMF deal
ISLAMABAD: The public authority has committed greater utility cost shocks under a restraint execution plan…
After week’s respite, foreign exchange reserves decline once again
KARACHI: After seven days’ break, the country’s unfamiliar trade holds held by the State Bank…
Rupee likely to continue winning streak on IMF optimism
The Pakistani rupee is supposed to proceed with its vertical direction on recharged confidence that…
SBP cracks down on exchange firms to stabilise rupee
KARACHI: The State Bank of Pakistan (SBP) on Wednesday said it has begun a crackdown…
Foreigners withdraw over $28m from T-bills, bonds in July
KARACHI: The rewarding returns of up to 16 percent neglected to draw in unfamiliar interests…
Oil payments create shortage of dollars in Pakistan
KARACHI: The dollar has gone under restored strain in the midst of more appeal from…
Rupee hits record low against dollar at 222
KARACHI: Political distress unleashed devastation on the money market for the second successive day as…