Ample dollar supply in the local currency market was said to have stabilised the rupee last week. The country’s forex…
The government raised Rs89.569bn from the auction of Treasury bills of various tenors on June 24. A slight rise in…
Dubai: HSBC Bank Oman has agreed to sell its banking business in Pakistan to Meezan Bank , a sharia-compliant Pakistani…
Islamabad: Pakistan’s export of merchandise fell short of target by over $2.8 billion in the outgoing fiscal year. It was…
Karachi: Stocks drifted lower for the third consecutive day on Friday on account of unabated foreign selling, with the KSE-100…
Karachi: The State Bank of Pakistan (SBP) injected Rs667.8 billion into the banking system on Friday to meet the liquidity…
Islamabad: The government and regulators have decided to settle all outstanding gas receivables and electricity circular debt against lower international…
Karachi: Pakistan’s foreign exchange reserves hit a four-year high of $18.20 billion on Thursday after the State Bank of Pakistan…
Karachi: Stocks remained under pressure on Thursday, as the KSE-100 index opened in the red and after a volatile trade…
