FINANCE
PSX hits over 6-year high shored up by promising macros
Pakistan Stock Exchange (PSX) on Friday rallied by over 300 points and crossed the 50,700 barrier — its highest since...
IMF asks Pakistan to ‘immediately raise’ gas tariff
The International Monetary Fund (IMF) has asked Pakistan to ‘immediately raise’ gas tariff, media reported on Thursday. The international lender...
Rupee falls sharply against dollar on import pressure
The Pakistani rupee fell sharply against the dollar on Wednesday, with analysts citing a host of reasons, including import pressure,...
Rupee breaks 28-day winning streak against dollar
The Pakistani rupee broke its 28-day winning streak against the US dollar, official data showed Tuesday, with analysts saying that...
Pakistan to maintain its credit rating, Dr Shamshad assures Moody’s
Caretaker Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar has reiterated Pakistan's commitment to transparency for fostering investor...
Petrol price likely to drop by Rs35 per litre
The price of petrol is likely to decrease by Rs35 per litre in line with fluctuations in global oil prices...
SBP assures world investors Pakistan ‘very comfortably’ placed to meet IMF targets
State Bank of Pakistan (SBP) Governor Jameel Ahmad on Friday assured investors that the country is “very comfortably placed to...
SBP clarifies position on Rs75 banknotes
The State Bank of Pakistan (SBP) Thursday clarified that both green and blue coloured Rs75 banknotes were legal tender following...
‘Up to 193% gas price hike’ expected from October 1
The government is gearing up to announce up to a 193% hike in the price of gas, effective from October...
World Bank asks Pakistan to tax agricultural, real estate sectors
The World Bank has asked Pakistan to tax the agricultural and real estate sectors and recommended the merging of salaried...
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