Shahid Iqbal

High yields dim rate cut hopes

T-bill auction exceeds target, high borrowing persists. Published 18 Apr, 2024 07:40am

Dollar gains belie hopes for higher inflows

State Bank reserves see a slight decline. Updated 16 Apr, 2024 09:18am

SBP repays $1bn against euro bonds

With the outflow of $1bn, the bank’s reserves will fall again close to $7bn. Published 14 Apr, 2024 07:00am

Private sector borrowing slips 37pc in July-March

Analysts said the high cost of doing business restricted the private sector from borrowing expensive money. Published 14 Apr, 2024 06:41am

Rupee holds steady ahead of holidays

Some analysts still fear any shock can destabilise exchange rate within days. Published 10 Apr, 2024 08:09am

Remittances at two-year high during Ramazan

March inflows recorded at $2.95bn, highest since April 2022. Published 09 Apr, 2024 06:23am

Economy suffers amid drop in private sector participation

The State Bank’s latest data shows the private sector has lost confidence in the banking system. Published 07 Apr, 2024 06:44am

Government borrows record Rs4.7tr from banks

Analysts predict Rs7tr accumulation by June; advances to private sector plunge by 70pc. Updated 06 Apr, 2024 08:08am

Depreciation fears prompt exporters to sell dollars

SBP reserves increase for fourth week to reach $8.04bn. Published 05 Apr, 2024 08:59am

‘Surprise’ hike in six-month T-bill rates despite sharp fall in inflation

Jump in benchmark tenor against expectations of some market dealers. Published 04 Apr, 2024 06:04am

Japanese firms reluctant to expand business

Survey blames unstable security, exchange rate, high inflation for lowest interest since 2018. Published 02 Apr, 2024 07:04am

Remittances to rise before Eidul Fitr

“We sold about $300 to $350 million to banks in March, which is significantly higher than the preceding month,” says ECAP general secretary. Published 31 Mar, 2024 07:09am

Aurangzeb urges banks to boost lending to key sectors

Meets SBP governor, bank CEOs, discusses ways to fuel growth in agriculture, SMEs, IT. Published 30 Mar, 2024 06:22am

Profit outflows jump by 237pc in eight months

Repatriation nearly matches FDI inflows in 8MFY24. Published 28 Mar, 2024 07:47am

Rupee keeps going up amid IMF inflow hopes

Experts say Bisham attack may jeopardise Panda bond plan. Published 27 Mar, 2024 07:35am

Bonds begin to attract dollars

Stable exchange rate makes T-bills a lucrative bet for foreign investors. Published 26 Mar, 2024 07:02am

Private sector borrowings decline by 70pc

Massive decline indicates that the private sector is not expanding and no new ventures or projects have started. Published 23 Mar, 2024 08:00am

SBP reserves cross $8bn mark, again

Fears rise over Pakistan’s capacity to service debts. Updated 22 Mar, 2024 11:11am

FDI returns to positive territory in February

Eight-month inflows fall 17pc, investments from China plummet. Published 21 Mar, 2024 07:15am

Current account in $128m surplus

Experts worry deficit being curbed at the cost of economic growth. Published 20 Mar, 2024 06:57am