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Pakistan’s foreign reserves rise to $12.39 billion

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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,...
Business

Petrol Price in Pakistan Today – 1 December 2023

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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...
Business

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

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

Reasons for massive depreciation of PKR against US Dollar

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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...
Business

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

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

Pakistan’s foreign reserves down by $233.2 million

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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...
Business

Dutch ambassador meets Commerce Minister to forster trade growth

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

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

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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...
Business

DCC Meeting Witnesses Renewed Commitment from International Development Partners to Foster Pakistan’s Economic Growth

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ISLAMABAD, Pakistan: The Federal Minister for Finance, Revenue & Economic Affairs Dr. Shamshad Akhtar convened a meeting of the Donor Coordination Committee (DCC) at...
Business

Pakistani fintech delegation participates in Singapore Fintech Festival 2023

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SINGAPORE: The annual Singapore Fintech Festival was formally launched on November 15, 2023, centring around critical themes such as the application of AI in...
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