Business
Business
Pakistan’s exports to decline by 15.4% in January 2023
Pakistan's exports fell by 15.4% to 2.2 billion in January 2023 from $2.61 billion in the same month the previous…
Pakistan’s reserves drop 16% to $3.09bn
Pakistan continues to suffer from economic and political unrest, the rupee hit yet another record low on Thursday. The State…
US central bank increases interest rate by quarter percentage point
The Federal Reserve said it had turned a key corner in the fight against high inflation on Wednesday. However, that…
Pakistan’s inflation hits record high in January
The shortage of food products and the sharp increase in the price of petroleum products contributed to Pakistan's headline inflation…
Toyota Pakistan shuts down plant till Feb 14
Toyota Pakistan, Indus Motor Company (IMC), which makes Toyota automobiles, would "completely" shut down its production factory from February 1…
Gold prices in Pakistan roars to new record highs
The rupee has been left to the whims of the wild market forces to persuade the International Monetary Fund (IMF)…
Oil falls ahead of Opec+, US Federal Reserve meetings
Oil prices fell on Monday, giving up earlier gains. Global producers will likely keep output unchanged during a meeting this…
Steel prices rise again to Rs277,000 per tonne
Manufacturers increased steel bar prices to an all-time high of Rs277,000 per tonne, citing a severe currency devaluation and increased…
SBP’s foreign exchange reserves fall to a record low of $3.7 billion
As Pakistan struggles with a severe economic crisis and works to revive the International Monetary Fund's (IMF) bailout program to…