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Pakistan foreign exchange reserves suffer significant decline

News Desk
2019-06-27

KARACHI: The total liquid foreign reserves of the country stand at dollars14.351 billion, said the State Bank of Pakistan (SBP)....

State Bank of Pakistan mopped up Rs 105 billion from money market

News Desk
2019-06-27

KARACHI: The State Bank of Pakistan (SBP) on Thursday mopped up Rs 105billion from the market for one day as...

Pakistani Rupee crashes further against US dollar

News Desk
2019-06-27

ISLAMABAD – Pakistani Rupee (PKR) depreciated by another Rs1.9 against theUS Dollar (USD) in interbank session, a private media house...

Fitch Solutions further downgrade Pakistan economic growth

News Desk
2019-06-27

ISLAMABAD – Fitch Solutions has further downgraded Pakistan economic growthfor the Fiscal Year 2019. Fitch Solutions, a US-based global research...

Exports from Pakistan in Rupee term register significant growth in FY 2018-19

News Desk
2019-06-27

ISLAMABAD: Exports from Pakistan in rupee term increased by 22.92 per centduring July-May (2018-2019) compared to the corresponding period of...

Pakistani nationals in UAE warned by FBR

News Desk
2019-06-26

ISLAMABAD – Pakistani nationals living in the United Arab Emirates (UAE)were warned on Tuesday to disclose their ‘hidden’ assets by...

US dollar rises drastically against Pakistani Rupee, hit highest level of history

News Desk
2019-06-26

KARACHI: US dollar rises drastically against Pakistani Rupee, hit highestlevel of history in interbank market. The US dollar has reached...

UK announced to provide 1 billion pound for projects in Pakistan

News Desk
2019-06-26

LONDON – The United Kingdom (UK) has announced to provide 1 billion poundsfor projects in Pakistan. It has encouraged its...

Yet another increase in electricity prices in Pakistan

News Desk
2019-06-26

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) onWednesday approved 10 paisa hike in power tariff for May under monthly...

In a first, FBR decides to bring Doctors into tax net

News Desk
2019-06-25

*ISLAMABAD: In an effort to broaden tax base, the Federal Board of Revenue(FBR) here on Tuesday decided to bring unregistered...