KARACHI: The grounds for an increase in the policy rate have largely disappeared ahead of the State Bank of Pakistan’s (SBP) upcoming monetary policy announcement, as global oil prices have either r...
Workers’ remittances were recorded at to $4.3 billion in May, registering growth on both a monthly and annual basis, according to data released by the State Bank of Pakistan (SBP) on Wednesday. ...
KARACHI: The government is considering relaxing the remittance cap in the upcoming budget as overseas Pakistanis in several countries face difficulties in protecting their investments and liquid asset...
KARACHI: The foreign exchange reserves of the State Bank are inching close to the target of $18 billion for current fiscal year (FY26), but a widening trade deficit threatens to erase the growth in re...
KARACHI: Representatives of exporters are confident that a proposal under consideration in Washington to impose 10 per cent additional duties on imports would not hurt Pakistan’s exports. The US T...
KARACHI: The war in the region has almost wiped out foreign investment in Pakistan’s domestic bonds, leaving little chance of recovery if the current situation prevails, said financial experts. The ...
KARACHI: It appears that the financial market is certain that the interest rate is bound to see a rise in the next monetary policy scheduled for Monday. At the same time, most experts believed that it...
• Jameel Ahmad says macroeconomic indicators improved faster than expected at start of fiscal year• Claims prudent monetary, fiscal policies stabilised inflation, strengthened buffers KARACHI: Sta...
KARACHI. The State Bank of Pakistan (SBP) said on Saturday that the government had paid $2 billion to the United Arab Emirates (UAE). Earlier this month, a senior Pakistani official said Abu Dhabi had...
KARACHI: Despite turbulence stemming from the ongoing Middle East conflict, the country received 17 per cent higher remittances in March compared to February, the State Bank of Pakistan announced on W...