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Business
SBP’s Forex Reserves Continue to Decline Amid Stalled Bailout Program
The State Bank of Pakistan (SBP) reported a continued decline in its forex reserves for the third consecutive week, reflecting…
Gold Prices in Pakistan Experience Slight Increase Amid Rupee Instability
The slight widening gap between the rupee rates against the dollar in interbank and open markets has led to a…
Pakistan Posts Current Account Surplus for Second Month Due to Import Reduction
The State Bank of Pakistan (SBP) reported on Tuesday that for the second consecutive month in April, Pakistan had experienced…
Pakistan Contemplates Alternative Strategies Amid IMF Bailout Delays
Pakistan is exploring alternative strategies to stave off a full-blown balance of payment crisis should the International Monetary Fund (IMF)…
Pakistan’s PTA Restores Mobile Internet, But Social Media Still Suspended
The Pakistan Telecommunication Authority (PTA) spokesperson stated on Saturday that there were no directives yet to reinstate social media in…
Staggering 85% Drop in Pakistan’s Passenger Car Sales: A Deep Dive
The passenger car industry in Pakistan has experienced a staggering 85% drop in year-on-year sales, largely due to non-production days,…
Pakistani Rupee Rebounds Sharply Amidst Improved Political Climate
The Pakistani rupee staged a strong recovery on Friday, significantly appreciating value against the US dollar. This turnaround was primarily…
Pakistan’s Forex Reserves Dip Further Amid IMF Talks Stalemate
The foreign exchange reserves of the State Bank of Pakistan (SBP) persist in their downward trajectory, dipping to $4.38 billion…
Pakistani Rupee Hits Record Low Amid Political Turmoil
The Pakistani rupee has experienced a record-low value amid the political turmoil and clashes following the arrest of Pakistan Tehreek-e-Insaf…