Finance
Pakistan’s default risk spikes reach a new high of 64.2%
On Monday, the five-year currency default swap (CDS) index for Pakistan increased 4.2 percentage points to a new high of...
Read moreDetailsIshaq Dar holds meetings with leading commercial banks in Dubai
Finance Minister Ishaq Dar held a series of meetings in Dubai with the management of the leading commercial banks. Ishaq...
Read moreDetailsPakistan Bureau of Statistics showed Weekly inflation increase up by 0.74%
The inflationary trend, which has been rising relentlessly for four months, slightly abated in the week ending on November 10...
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Remittances drop by 9.1% in Oct against Sept
The State Bank of Pakistan (SBP) announced on Friday that remittances fell by 9.1% in October to $2.22 billion from...
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PSX’s KSE-100 Index crosses 42,000 point mark
As the KSE-100 index increased by 141 points on Friday to surpass the 42,000-point mark, the Pakistan Stock Exchange (PSX)...
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Pakistan likely to receive $450 million loan from World Bank
As the international lender certified that Pakistan has fulfilled all requirements for the Resilient Institution for Sustainable Economy (RISE-II) initiative,...
Read moreDetailsPolicy Measures Resulted in Stability to PKR value, SBP Governor Apprises Ishaq Dar
The State Bank of Pakistan (SBP) governor has met Finance Minister, Senator Ishaq Dar, in which they discussed the fiscal...
Read moreDetailsStocks jump 318 points on expected $13 billion from Saudi Arabia, China
The stock market opened the week in green owing to Finance Minister Ishaq Dar’s announcement last week that Pakistan had secured...
Read moreDetailsExchange firms can sell 20% of remittances in open market: State Bank of Pakistan
Exchange companies (ECs) have been allowed to trade 20% of remittances in the open market to ease pressure on the rupee,...
Read moreDetailsStocks fall 230 points in early trade after the attack on Imran Khan
On Friday, the benchmark KSE-100 index fell as soon as trading got underway, sending stocks into the red. At 9:30...
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