Shahid Iqbal

Current account posts $13m surplus

Current account posts $13m surplus

During July-May, the deficit fell by 73.6 per cent compared to $12.453bn in the same period last fiscal year.

Updated Jun 25, 2020 08:11am
Dollar gains Rs1.07 in interbank

Dollar gains Rs1.07 in interbank

Dollar has gained Rs4.55 or 2.8pc during June, senior banker says sharp decline in exports "major reason" behind appreciation of dollar.

Updated Jun 24, 2020 08:26am
‘Higher interest rate slowed down the economy’

‘Higher interest rate slowed down the economy’

“While domestic production and retail trade were adversely affected by the stabilisation efforts, they received a major blow when the businesses were shut amid lockdown to control the Covid-19.”

Updated Jun 12, 2020 09:49am

FDI surges 127pc in July-April

KARACHI: The net foreign direct investment (FDI) to Pakistan surged by 127 per cent to $2.281 billion during the...

Published Jun 03, 2020 06:49am

Dollar gains Rs2.2 in two days

KARACHI: The dollar gained Rs1.12 on Friday against the rupee to close at Rs163.1 in the interbank.

After staying...

Published May 30, 2020 06:49am
Exporters expect fresh orders

Exporters expect fresh orders

Many companies in Pakistan have orders on hold and are waiting for green signals to go ahead.

Updated May 27, 2020 08:14am
Remittances fall in Ramazan

Remittances fall in Ramazan

Ramazan traditionally has been a month for higher remittances but the coronavirus has reduced the inflows.

Updated May 23, 2020 09:34am