Prices of food items skyrocket amid Ramadan
With the beginning of Ramadan, prices of food items have also started skyrocketing without any check from the authorities concerned....
Remittances from the US rise 3% in the first eight months of FY23
The first eight months of the current fiscal year have seen a 3% yearly growth in remittances from Pakistanis working...
Pakistan approaches Saudi Arabia, UAE to meet IMF conditions
The Pakistani government has approached Saudi Arabia and United Arab Emirates (UAE) to meet International Monetary Fund (IMF) conditions. According...
SBP reserves jump to $4.6bn after Chinese inflow
On the week ending March 17, the nation's total foreign exchange reserves rose 2.3% to $10.14 billion. For the first...
Weekly inflation jumps to 46.65% on record flour price
For the seven days that concluded on March 23, 2023, the price of wheat flour reached an all-time high, driving...
IMF says ‘next step with Pakistan’ tied to external financial assurances
The International Monetary Fund (IMF) on Friday tied “the next step with Pakistan” to assurances of financial assistance from bilateral...
Import restrictions: Indus Motor suspends production again
Indus Motor Company Limited (INDU), the assembler and seller of Toyota-brand vehicles in Pakistan, has once again decided to shut...
Intra-day update: Negative sentiment at PSX amid IMF uncertainty
The Pakistan Stock Exchange (PSX) continued to witness a negative trend, as the benchmark KSE-100 Index fell below the 40,000...
IMF wants to be kept out of ‘election politics’
The International Monetary Fund (IMF) reminded the government on Thursday that the choice of whether to hold elections "rests completely...
IMF Demands Prompt SBP to Consider Further Interest Rate Hike
The State Bank of Pakistan is anticipated to hike interest rates by an additional 2% at its upcoming Monetary Policy...