As of now, the government has not been able to finalise import arrangements or its pricing
SBP's decision of lowering the discount rate to 8.5 per cent has been welcomed by businessmen who termed it a good omen.
Amid reports of further decline in petrol prices, the oil industry is trying to maximise supply in the coming week.
SBP brings interest rate to an eight-year low of 8.5 per cent for the next two months.
KARACHI: The country is facing shortage of over 9 million housing units as formal financial sector caters only up to...
SBP reduces policy rate by 100 basis points from 9.5% to 8.5%.
ECC directed the Nepra to build over additional cost of system and managerial inefficiencies into the consumer tariff.
The KSE-100 index closed in the red for the second day on Friday, shedding 120.38 points to finish at 34,026.59.
Banking spread, the space between the lending and deposit rates, fell to 6 per cent in 2014 from 6.2pc in 2013.