SBP Raises Policy Rate to 27-Year High with 300 Basis Point Increase
In response to growing inflation, the State Bank of Pakistan (SBP) said on Thursday that it had raised the interest...
Inflation skyrockets to over 50-year high, hits record-breaking 31.5%
The consumer price index (CPI), which measures inflation in Pakistan, shattered all prior records and soared to 31.5% in February...
Stock Drops by 435 Points due to Delay in IMF Decision
On Wednesday, the Pakistan Stock Exchange (PSX) experienced a decline, which analysts attributed to two factors: the delay in signing...
SBP reschedules monetary policy meeting rate hike expected
The Monetary Policy Committee meeting has been announced by the State Bank of Pakistan (SBP) for March 2 — two...
The Pakistani rupee registered a marginal gain against the US dollar
In the early hours of Monday's trade in the inter-bank market, the Pakistani rupee appreciated by 0.23% against the US...
Govt agree to increase the interest rate by 200bps
The government of Pakistan has agreed to raise the policy (interest) rate, which now stands at 17%, by 2% or...
Torkham border opens for business activities
Torkham border crossing between Pakistan and Afghanistan has been opened for business activities, said the official. According to reports provided...
Ishaq Dar Tweets Denies Rumors on Stoppage of Pay and Pension: Urges Public to Verify News from Concerned Ministry
In recent days, there have been rumors circulating that the government has instructed to stop payment of pay and pension...
Weekly inflation crosses 40pc for the first time in five months
Onions, chicken, eggs, rice, cigarettes, and fuel all saw major price increases in the previous week, according to government figures...
Shares at the PSX slid on fears that the central bank may raise the policy rate
On Thursday, the Pakistan Stock Exchange (PSX) saw a decline in shares due to concerns that the central bank may...