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SBP increases policy rate by 150 bps to 12.25 effective from Tuesday

News Desk
2019-05-21

State Bank of Pakistan has increased the key interest rate by 150 basis points to 12.25 percent. In a statement...

Special low grade petrol being introduced in Pakistan

News Desk
2019-05-21

ISLAMABAD – The government is mulling over introducing special low-gradepetrol for motorbikes to enable the obsolete refineries to resumeoperations and...

Federal cabinet approves huge loan programme for Pakistani youth

News Desk
2019-05-21

*ISLAMABAD: The federal cabinet with Prime Minister Imran Khan in the chairapproved on Tuesday an ambitious programme titled ‘Kamyab Jawan’...

Pakistan Stock Exchange goes crashing, hits 38 months low

News Desk
2019-05-20

*KARACHI: **Pakistan Stock Exchange goes crashing and hits 38 months low.* The Pakistan stock market came under massive selling pressure,...

SBP announce monetary policy for next two months

News Desk
2019-05-20

ISLAMABAD – The State Bank of Pakistan is announcing monitory policy fornext two months on Monday. Governor State Bank Reza...

US dollar rises against Pakistani Rupee in open bank market

News Desk
2019-05-20

ISLAMABAD -US dollar rises against Pakistani Rupee in open bank market. The rupee-dollar exchange rate in the interbank market rose...

SBP announces Pakistan Monetary Policy, shocking rise in interest rates

News Desk
2019-05-20

ISLAMABAD – State Bank of Pakistan has increased the key interest rate by150 basis points to 12.25 percent. In a...

Pakistan emerged as leading partner of Belt and Road Initiative: International Survey

News Desk
2019-05-20

BEIJING: Pakistan has emerged as a leading partner of the Belt and RoadInitiative (BRI), introduced by President Xi Jinping six...

Five Eid special trains being launched by Pakistan Railways

News Desk
2019-05-19

LAHORE: Federal Minister for Railways Sheikh Rashid Ahmed said on Saturdaythat Pakistan Railways (PR) would run five Eid special trains...

Petroleum Division responds over media reports of No Reserves found at offshore drilling Kekra 1

News Desk
2019-05-19

ISLAMABAD – Petroleum Division (PD) of the Energy Ministry Sunday said theresults of four-month offshore drilling at Indus G-Block called...