*KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) declined by $190 million to $10.308 billion during the week ended on May 6, data released by the central bank showed on Friday.* The country’s total foreign reserves, including net reserves of commercial banks, dipped to ...

*KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) declined by $190 million to $10.308 billion during the week ended on May 6, data released by the central bank showed on Friday.* The country’s total foreign reserves, including net reserves of commercial banks, dipped to ...

*Pakistan's rupee extended its decline for a third successive session on Monday as depleting foreign exchange reserves and uncertainty over revival of the International Monetary Fund (IMF) programme mounted pressure on the local currency. Resultantly, rupee depreciated by 0.48% against the ...

*Uncertainty over inflows from the International Monetary Fund (IMF), rising domestic political noise, and a bearish run in regional stock markets combined to take a a toll on investor-sentiment as the benchmark KSE-100 Index suffered its biggest fall – in terms of percentage – of 2022 after a ...

Pakistan Cricket Board (PCB) has started the discussions for the 2022-23 central contracts list. It is expected that some major changes will be made to the list with several star players set to miss out on the contract. The contract of the current centrally contracted players is set to expire on ...

Imran Khan said, “A foreign power questioned me to tell the reason for Russia’s visit. The gas reserves are ending in Pakistan and Russia offered oil stocks at a 30 per cent lesser price. We could have sold petrol and diesel at 30 per cent lesser price.” “We were also eyeing 2 million ...

WASHINGTON: President Joe Biden instructed the US State Department to release up to an additional $350 million worth of weapons from US stocks to Ukraine on Friday as it struggles to repulse a Russian invasion. In a memorandum to Secretary of State Antony Blinken, Biden directed that $350 ...

Iran link has enriched more than 120 kilogrammes of 20-percent enriched uranium link, the head of the country's atomic energy agency said on state television Saturday evening. "We have passed 120 kilogrammes," said Mohammad Eslami, head of the Atomic Energy Organization of Iran link. "We ...

The economic momentum is expected to accelerate further during the financial year 2021-2022 increasing the pace of growth of the closing financial year due to the revival of business activities across the country. The optimistic outlook is thanks to the expanding vaccine roll-out and relatively ...

KARACHI - The Pakistan Stock Exchange (PSX) traded 1.56 billion shares during Wednesday’s session in a day for the first time in history. According to the reports, the PSX recorded an all-time high volume of stocks traded amid a positive sentiment due to GDP growth numbers and market-friendly ...