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FBR seizes about 16 million non-duty paid cigarette sticks in a single day

Mati -
ISLAMABAD, Pakistan: In an unprecedented drive to eradicate the menace of non-duty paid/counterfeit cigarettes, the Federal Board of Revenue (FBR) has seized about 16...
Business

State Bank of Pakistan decides to maintain policy rate at 22%

Mati -
KARACHI, Pakistan: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held on Monday decided to keep the...
Business

Pakistan’s foreign reserves continue to fall; further down by $257 million

Mati -
Total reserves: $12.6 billion, down by $257 million SBP reserves: $7.5 billion, down by $220 million Commercial Banks reserves: $5.2 billion, down by...
Business

State Bank Releases Annual Report on The State of Pakistan’s Economy

Mati -
KARACHI, Pakistan: The State Bank of Pakistan (SBP) on Monday released its Annual Report on the State of Pakistan’s Economy for the Fiscal Year...
Business

Pakistan’s foreign reserves further plunge by $117 million

Mati -
Total reserves: $12.9 billion, down by $117 million SBP reserves: $7.7 billion, up by $67 million Commercial Banks reserves: $5.2 billion, down by...
Business

Mohamed Essa Al Taheri joins U Microfinance Bank as Acting President & CEO

Mati -
ISLAMABAD, Pakistan: U Microfinance Bank (U Bank) has announced the appointment of Mr. Mohamed Essa Al Taheri as the Acting President & Chief Executive...
Business

Pakistan’s economy recovering as Islamabad fights back economic terrorism

Central Desk -
Islamabad, Pakistan: The value of the Pakistani rupee continues to stabilize after a massive crackdown on smugglers and currency hoarders by the interim government...
Business

Petrol Price in Pakistan Today – 16 October 2023

Mati -
New Prices of Petroleum Products in Pakistan for October 16-31, 2023 Petrol: Rs 283.38 per litre (decreased by Rs 40) High-Speed Diesel: Rs 303.18...
Business

Inflation expected to continue its downward trajectory over coming months: Governor SBP

Mati -
MARRAKECH, Morocco: The Governor State Bank of Pakistan (SBP) Jameel Ahmad met key international investors during events organized by global banks including Barclays, JP...
Business

Pakistan’s foreign reserves down to $13 billion

Mati -
Total reserves: $13 billion, down by $1 million SBP reserves: $7.6 billion, up by $31 million Commercial Banks reserves: $5.4 billion, down by...
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