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U Bank Pledges Commitment to Inclusivity on International Day of Persons with Disabilities 2023

ISLAMABAD, Pakistan: U Microfinance Bank, Pakistan’s fastest-growing microfinance bank, has proudly pledged its unwavering commitment to financial inclusion, increased accessibility, and the provision of...

U Microfinance Bank Announces Continued Profitability in Latest Financial Results

ISLAMABAD, Pakistan: U Microfinance Bank, Pakistan’s fastest-growing microfinance bank, has published its financial results for the half year ended June 30, 2023 at its...

Pakistan’s foreign reserves rise to $12.39 billion

Total reserves: $12.4 billion, up by $90.5 million SBP reserves: $7.2 billion, up $77 million Commercial Banks reserves: $5.1 billion, up by $13.5 million KARACHI,...

Petrol Price in Pakistan Today – 1 December 2023

New Prices of Petroleum Products in Pakistan for December 01-15, 2023 Petrol: Rs 281.34 per litre (increase/decrease by Rs 0.00) High-Speed Diesel: Rs 289.71...

Saudi Arabia extends term for $3 billion deposit to support Pakistan’s economy

KARACHI, Pakistan: The Saudi Fund for Development (SFD) on behalf of the Kingdom of Saudi Arabia has extended the term for the deposit of...

Reasons for massive depreciation of PKR against US Dollar

The movement in the USD-PKR exchange rate is based on demand and supply of foreign exchange in the Foreign Exchange (FX) market and prevailing...

Salary and benefits received by Officers & Employees of State Bank of Pakistan

The State Bank of Pakistan (SBP) is a body corporate established under the State Bank of Pakistan Act, 1956 (Act). The oversight of the...

Pakistan’s foreign reserves down by $233.2 million

Total reserves: $12.3 billion, down by $2 million SBP reserves: $7.2 billion, down by $7 million Commercial Banks reserves: $5.1 billion, down by...

Dutch ambassador meets Commerce Minister to forster trade growth

ISLAMABAD, Pakistan: The Ambassador of the Netherlands to Pakistan Henny Fokel de Vries held a meeting with the Minister of Commerce and Industries Dr....

From 2014 to 2022, Pakistan’s exports to EU increased by 108%

ISLAMABAD, Pakistan: From 2014 to 2022, Pakistan’s exports to the European Union (EU) increased by 108 percent whereas imports from the EU increased by...

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