Hot money outflows accelerate in March
Over $1.9bn of foreign investment in domestic bonds and equity flew out within the span of a month.
Shahid Iqbal
Monetary expansion doubles
KARACHI: Record borrowing by the government from scheduled banks doubled the monetary expansion during the first ...
Rupee falls, then rises amid central bank intervention
Slight gain of 59 paisas in the local currency, compared to the opening value of Rs166.13.
SBP unveils debt relief measures for individuals, businesses
Regulatory criteria for restructuring and rescheduling loans have been temporarily relaxed till Mar 31, 2021.
Rupee takes a battering as dollar gains Rs4.50
Greenback appreciates by 2.8pc on Thursday, biggest surge in a session this year
Dollar spikes Rs2.6 in interbank one day after rate cut
KARACHI: The rupee came under pressure a day after the State Bank of Pakistan cut the key interest rate with the...
Remittances rise to $13.3bn in 7 months
Inflows shrink 9.06pc to $1.907bn in January from December 2019.
High interest rates hurting consumer financing
Consumer financing increased by just Rs23 million which pushed the total amount to Rs555.8m in December 2019.
Hot money inflows could soar to $5bn
"If the foreign inflows continue in T-bills, the government will not issue Eurobond this fiscal year," sources say.
Built-up houses on instalments
KARACHI: For the first time, completely built houses and apartments will be sold by the private sector allowing...
Hot money inflows soar to $2.9bn
SBP data shows foreign investors have increased their investment in the country’s treasury bills.
Pakistan has made significant progress to get off FATF grey list: SBP chief
Dr Reza Baqir says the country will have to continue making progress in this direction.
Kerb market sees dip in inflows as dollars head to banks
With the exchange rate largely stable of late, the attraction of dollar business in the country has drastically fallen.
Indo-Pak trade plunges in six months
Latest data shows that bilateral trade volume plunged in the first half of this fiscal year.
Foreign investment in treasury bills reaches record $2.2bn
The latest T-bills auction held on Jan 15 yielded $537.9 million — the highest amount for a single auction.
Govt raises Rs274.7bn from T-bill auction
The prevailing high interest rate of 13.25pc has created serious problems for domestic investors.
Six-month remittances rise to $11.4bn
Remittances edge up 3.3 per cent during the first half of 2019-20 as compared to $11.03bn in the same period last year.
Bank Alfalah wins Best Bank Award for 2019
Bank Alfalah also won the Best Consumer Franchise Award for 2019.
4pc growth target to be missed: SBP
Bank estimates that the current account deficit will remain low during the ongoing fiscal year.
Govt borrows Rs1.1tr from banks in six months
Borrowings in single week of December witnessed a jump of 55pc.