BUSINESS
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Foreign exchange reserves plunges $354 million
Foreign exchange reserves held by the State Bank of Pakistan (SBP) plunged $354 million, clocking in at $4.2 billion as...
Saudi Arabia Hints at Providing Additional Loans to Pakistan
The government claimed on Wednesday that Saudi Arabia has signalled providing additional loans to Pakistan that may help to break...
EU removes Pakistan from “High Risk Third Countries”, Naveed Qamar
Commerce Minister Syed Naveed Qamar announced that the European Commission has removed Pakistan from the list of its “High Risk...
China disburses $240 billion to bail out 22 developing countries in 15 years
China disbursed $240 billion to bail out 22 developing countries in 15 years under its flagship “Belt & Road” initiative....
Inflation shot up to 33% in comparison to February last year
In February this year, annualised food inflation shot up to 41.9 percent in urban areas and 47pc in rural areas...
Gold price decreases Rs1,800 per tola
Continuing its downward trend on the first day of the weekend, the price of 24-karat gold per tola in the...
In mid of securing IMF deal China rolls over $2 billion deposit
A sigh of relief for Pakistan as China has rolled over its safe deposit of $2 billion on the existing...
IMF not willing to release money, Miftah Ismail
Former finance czar Miftah Ismail claimed that the International Monetary Fund (IMF) was not interested in releasing money to Pakistan...
Gold price per tola witnesses downward trend
The price of gold per tola witnessed a downward trend, decreasing by a good Rs3,100 to settle at Rs204,200. The...
Current Account Deficit Declines by 68%
Pakistan’s Current Account Deficit (CAD) declined by 68 percent to $3.8 billion during the first eight months of the current...
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