KARACHI, April 10: All analysts polled expect the State Bank of Pakistan to keep its policy rate unchanged at 9.5 per cent, despite inflation clocking in at a 68 month low, due to dwindling reserves amid increasing debt repayments and pressure on the rupe
A Pakistani company wishing to invest in US is jeered by a Congressman for an ingredient used in fertiliser production, which local company sources say is unfair.
KARACHI, Jan 15: Stocks fell by over 500 points, the fourth time in its history, in volatile trade on Tuesday following arrest orders issued for the prime minister in a corruption case as the country seemed to be heading into a political crisis.
KARACHI, Nov 28: The Karachi Stock Exchange (KSE) achieved two milestones on Wednesday as it hit a new all-time high of 16,504.09 points and ended at its highest ever level of 16,424.03 points, led by the fertiliser and
KARACHI, Nov 7: Stocks rose to a fresh record, closing on an all time high on Wednesday as investors took positions in oil and banking stocks following re-election of US President Barack Obama which they feel is positive for Pakistan on easing economic co
KARACHI: Analysts and economists believe Pakistan is unlikely to meet most of the MDG targets even 10 years after the 2015 deadline primarily due to inadequate economic growth which came in around 3.7 per cent for 2011-12.
“The market is likely to witness selling on Monday due to a lower than expected cut in interest rates and as it is also close to its highest ever level,” said Shuja Rizvi from Al Hoqqani Securities.
KARACHI, Oct 4: A majority of analysts expect the State Bank of Pakistan to cut interest rates by 100 basis points to 9.5 per cent, the second cut in 2012-13 fiscal year, when it meets on Friday to unveil its monetary policy.
KARACHI, Oct 3: The Karachi Stock Exchange (KSE) achieved two milestones on Wednesday as it hit a new all-time high of 15,747.64 points and ended at its highest ever level of 15,712.21 points, after a gap of four and a half years, buoyed by expectations o
KARACHI, Sept 15: Risks to the country’s external accounts seem to be increasing daily, with IMF repayments, lack of foreign investment and a ballooning fiscal deficit, things on the macroeconomic front by no means
KARACHI, Aug 28: The United States, with support from the Trade Development Authority of Pakistan and the Centre for International Private Enterprise organized a conference on Tuesday to promote exports and
“The central board of directors of SBP has decided to give a relatively high weight to the state of private sector and investment in the economy,” said Anwar
