Sahar Ahmed

Walk the talk… if you can

Walk the talk… if you can

KARACHI: Though the political parties may make much of their manifestos to lure potential voters, two things are... Published 14 Apr, 2013 08:42am

SBP expected to leave policy rate steady

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 Published 11 Apr, 2013 01:24am

Interbank, open market gap widens

KARACHI, Feb 8: The spread between the value of the rupee traded against the dollar in the interbank market and open... Published 08 Feb, 2013 09:08pm

SBP may keep policy rate unchanged

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. Published 07 Feb, 2013 08:19pm

Will Pakistani project in US be derailed?

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. Published 31 Jan, 2013 12:16am

Stocks plunge 525 points

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. Published 15 Jan, 2013 09:21pm

IMF praises Pakistan over repayments

The IMF applauded Pakistan’s track record of repaying its debt obligations and was confident that the trend was likely to continue. Published 15 Dec, 2012 03:19am

Stocks add 59 points to overnight gains

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 Published 29 Nov, 2012 02:50am

Stocks hit fresh peak on Obama’s re-election

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 Published 08 Nov, 2012 12:20am

Technocrats lament insufficient growth

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. Published 30 Oct, 2012 12:11am

KSE may witness selling pressure

“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. Published 07 Oct, 2012 12:25am

Analysts see 100bps cut in policy rate

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. Published 05 Oct, 2012 12:16am

KSE index hits all-time high

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 Published 04 Oct, 2012 03:34am
Business jittery on violence

Business jittery on violence

Violent demonstrations, along with the country’s economic activities coming to a complete halt could cost the economy dearly. Published 22 Sep, 2012 03:30am

Risks to economy increase

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 Published 16 Sep, 2012 05:06am

US discusses duty-free entry for Pakistani exports

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 Published 28 Aug, 2012 10:14pm
SBP cuts rate to 10.5pc; business hails move

SBP cuts rate to 10.5pc; business hails move

“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 Published 10 Aug, 2012 09:05pm