According to experts, the surging dollar has shattered the confidence of rupee-based economy and its stakeholders.
The gloomy macros will continue to put pressure on the local unit, they said.
Meanwhile, the State Bank of Pakistan’s (SBP) foreign exchange reserves fell by $328 million to $10.558 billion during the week that ended on April 23, data released by the central bank showed.
Islamabad: Pakistan has finalized arrangements to repay $4.8 billion in external obligations by the end of June 2026, with $3.5...
Pakistan has assured the International Monetary Fund (IMF) that it will implement timely electricity tariff adjustments and limit power sector...
The State Bank of Pakistan (SBP) introduced a fresh regulatory framework on Wednesday specifically for teenagers. This initiative allows young...
The equity market came under heavy selling pressure on Monday as surging oil prices and rising bond yields fueled concerns...
KARACHI: The equity market posted strong gains on Tuesday, driven by optimism over a potential easing of tensions in the...
Consumer demand for both new and used vehicles remained strong, pushing auto financing to grow for the 15th consecutive month,...
