Economy
Massive increase in interest rates on cards by SBP
With inflation continuing to increase, the State Bank of Pakistan couldhike interest rate by as much as 300 points to...
Economy
Pakistan foreign exchange reserves face yet another blow
According to data released by the State Bank of Pakistan (SBP) on Thursday,the central bank’s foreign exchange reserves decreased by...
EconomyPakistan
Significant increase in petroleum prices by caretaker government
The caretaker government, which assumed control not too long ago, is facinga significant test as it grapples with the formidable...
EconomyPakistan
FBR launches new facilitation scheme for salaried class
The government is taking a big step to facilitate 1.4 million salariedindividuals/pensioners for the tax year 2023 by introducing a...
Economy
US dollar hits highest level of history in interbank market
The Pakistani rupee’s pathetic run against the US dollar seemed not endingas the greenback soared to another historic high in...
Economy
Pakistan’s Rupee remains under pressure from US dollar in interbank market
KARACHI – Pakistani rupee continues to remain under pressure against the USdollar, moving down by Rs0.15 during the opening hours...
EconomyPakistan
US dollar continues to rise against Pakistani Rupee
The US dollar rose by Rs 2.09 to Rs 281 in the interbank market, whileit settled at Rs 286 in...
Economy
CDWP approved 10 mega development projects worth Rs 1000 billions
The Central Development Working Party (CDWP) approved 10 developmentprojects with a total cost of Rs. 1,073.41 billion during its meetingchaired...
Economy
Pakistani Rupee falls against US dollar despite injections of billions of dollars
The Pakistani rupee appeared to have lost steam against the US dollardespite injections of billions of dollars from the IMF...
EconomyPakistan
Gas prices to witness massive rise on IMF demand
ISLAMABAD: Th federal government is all set to hike the gas price to meetthe International Monetary Fund (IMF) condition. As...