Shahid Iqbal

Rupee depreciates by Rs24.54 in interbank market; experts predict more pain as inflation set to jump. Published 27 Jan, 2023 06:52am

Local currency closes at Rs243, up from Rs252.5 level seen when trading opened on Wednesday. Updated 26 Jan, 2023 07:36am

Exchange companies to meet SBP officials; Bostan says decision to bring dollar rate on par with grey market Published 25 Jan, 2023 07:02am

• 100 bps hike takes benchmark rate to 25-year high of 17pc • SBP chief says less than $3bn debt repayments left over next five Published 24 Jan, 2023 07:24am

SBP directs banks to prioritise food, pharmaceutical, energy sectors. Published 24 Jan, 2023 06:58am

Bankers, financial experts and analysts expect a hike in the SBP’s policy rate keeping in view the surging inflation which hit 24.5 per cent. Published 22 Jan, 2023 07:03am

The profit rate on Naya Pakistan Certificates has been increased by 120 bps to 7.2pc for six months, and by 100 bps to 7.5pc for 12 months. Published 21 Jan, 2023 06:34am

Central bank says its reserves improved to $4.6bn from $4.4bn in the preceding week. Published 20 Jan, 2023 07:02am

Net inflows more than halve to $461m in July-Dec. Published 19 Jan, 2023 08:24am

Current account deficit widens 58pc in December. Updated 19 Jan, 2023 10:11am

Experts believe that the country would soon notice a shortage of petroleum products along with basic essential items like food commodities. Updated 18 Jan, 2023 07:32am

Allows retention of 35pc of their earning outside the country. Updated 15 Jan, 2023 09:58am

Widening exchange rate gap seen as major reason behind decline Published 14 Jan, 2023 06:58am

The State Bank of Pakistan (SBP) reported the dollar price at Rs227.93 compared to Rs227.88 a day before. Published 12 Jan, 2023 08:08am

• Considers increasing deposit in SBP to $5bn • Analysts fear move may not help Islamabad meet immediate needs Updated 11 Jan, 2023 09:22am

Sources claim the finance minister is not ready to accept the single exchange rate market. Updated 08 Jan, 2023 09:19am

KARACHI: No macro indicator of the economy shows positive signs particularly on the external front as the trade... Published 05 Jan, 2023 07:01am

SBP says Rs655 billion were raised for a three-month tenor at 16.99pc while the bids for six- and 12-month bills were rejected. Published 04 Jan, 2023 07:00am

Experts reluctant to accept Dar’s ‘optimism’. Updated 30 Dec, 2022 09:28am

Exporters already fear 30pc fall in December figures. Updated 30 Dec, 2022 09:29am