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
Published11 Apr, 201301:24am
The central bank has already made an aggressive cut of 200 basis points to 9.5 per cent during FY13 in an attempt to spur economic growth.
Published07 Feb, 201308:19pm
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.
Published31 Jan, 201312:16am
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.
Published15 Jan, 201309:21pm
The IMF applauded Pakistan’s track record of repaying its debt obligations and was confident that the trend was likely to continue.
Published15 Dec, 201203:19am
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
Published29 Nov, 201202:50am
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
Published08 Nov, 201212:20am
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.
Published30 Oct, 201212:11am
“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.
Published07 Oct, 201212:25am
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.
Published05 Oct, 201212:16am
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
Published04 Oct, 201203:34am
Violent demonstrations, along with the country’s economic activities coming to a complete halt could cost the economy dearly.
Published22 Sep, 201203:30am
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
Published16 Sep, 201205:06am
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
Published28 Aug, 201210:14pm
“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
Published10 Aug, 201209:05pm
