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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...

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

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

Pakistani fintech delegation participates in Singapore Fintech Festival 2023

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

Pakistan’s foreign reserves plunge by $79 million

Total reserves: $12.5 billion, down by $79 million SBP reserves: $7.4 billion, down by $115 million Commercial Banks reserves: $5.1 billion, up by...

Petrol Price in Pakistan Today – 16 November 2023

New Prices of Petroleum Products in Pakistan for November 16-30, 2023Petrol: Rs 281.34 per litre (decrease by Rs 2.04) High-Speed Diesel: Rs 296.71...

SIFC and responsibilities lie over Pakistani media

Islamabad, Pakistan: Pakistan has high hopes for the results of the Special Investment Facilitation Council (SIFC) and believes it can attract much-needed direct foreign...

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