Business
Business
PSX drops around 700 points on opening
The Pakistan Stock Exchange - KSE-100 Index dropped more than 700 points as soon as the stock market opened on…
SBP dismisses claims holding Google’s payment
The State Bank of Pakistan (SBP) has responded to accusations in the media that it has withheld payments to Google.…
Azerbaijan announces tax-free imports of rice from Pakistan
In a bid to stimulate the growth of mutual trade between the two countries, Azerbaijan announced a five-year tax exemption on rice…
US bans Huawei, ZTE equipment sales, citing national security risk
The Biden administration has banned approvals of new telecommunications equipment from China's Huawei Technologies and ZTE because they pose "an…
Black Friday deals are here, but not shoppers
The Thanksgiving turkey digested, shoppers were expected to turn out in record numbers to shop for Black Friday deals. However,…
Ghana plans to buy oil with gold instead of dollars
Ghana’s government is working on a new policy to buy oil products with gold rather than US dollar reserves. Vice-President…
Governer SBP confirms Pakistan to repay $1bn bond
State Bank of Pakistan (SBP) Governor Jameel Ahmad said that Pakistan will return a $1 billion international bond three days…
Monetary policy: The SBP likely to maintain the policy rate
The State Bank of Pakistan (SBP) will publish its key policy rate for six weeks. However, most economists predict that…
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…