Business

Business

SBP’s reserves decreased by $134 million to $7.8 billion.

The foreign exchange reserves held by Pakistan's central bank decreased by 1.7% once more. According to data issued by the…

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Pakistan’s exports move up by 35.7% in the first four months of the fiscal year 2022-23

The exports from Pakistan witnessed an increase of 35.77% during the first four months of the current fiscal year (2022-23),…

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Pakistan flood recovery plan key to continued financial support: IMF

Pakistan's timely finalization of a recovery plan from devastating floods is essential to support discussions, and continued financial support from…

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Fuel usage drops 22%, causing a PDL shortfall

The fuel consumption in Pakistan has dropped by a 22% decline in POL product consumption, and Pakistan may face a…

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Currency crisis looms in Pakistan

Nomura Holdings, Japan's biggest brokerage and investment bank, warns Egypt, Romania, Sri Lanka, Turkey, Czech Republic, Pakistan, and Hungary may…

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Gaza beekeepers who survived blockade struggle with unstable climate

This time, it wasn't the bulldozers or the bullets but the rain and the wind. The weather kept the bees…

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Saudi Arabia denies OPEC output increase

Saudi Arabia on Monday denied a report that oil producers were discussing a production increase for their next meeting, saying…

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Textile sector’s 60% at the edge closure: APTMA

The All Pakistan Textile Mills Association (APTMA) has said that 60% of the textile industry is on the verge of…

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Pakistan’s CAD touches $567M in October

In October, Pakistan's Current Account Deficit (CAD) expanded to $567 million. In a Twitter message on Monday, the State Bank of Pakistan (SBP) stated, "CAD was $ 0.57…

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