Policymakers, industrial experts discuss localisation for growth at National Policy Dialogue
KARACHI: K-Electric Limited, in collaboration with Nutshell Group, jointly hosted a National Policy Dialogue on Localisation for growth at a local hotel in Karachi.
The...
Pakistan, IMF yet to reach agreement with final hiccups
ISLAMABAD: Pakistan is trying to reach on an agreement with International Monetary Fund (IMF) for the bailout package, but still seems difficult despite Islamabad...
SBP-held foreign reserves rise above $4 billion mark
KARACHI: The State Bank of Pakistan (SBP)-held foreign exchange reserves rose above the $4 billion mark after the cash-strapped nation received a $500 million...
Rupee resumes uptrend on ‘improved supply’ of dollar
KARACHI: The Pakistani rupee on Friday resumed its uptrend in the interbank market against the US dollar as the supply for the greenback improved.
The...
IMF ‘satisfied’ with Pakistan but no deal this week: Ishaq Dar
ISLAMABAD: Finance Minister Ishaq Dar on Thursday said that the International Monetary Fund (IMF) was "satisfied" with Pakistan's actions but the staff-level agreement could...
COAS Asim Munir ‘rejected’ Imran Khan’s request for meeting
ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir has asserted that the army would neither interfere in politics nor would play any role...
Islamabad asks China to roll over $2bn deposits, IMF informed
ISLAMABAD: The International Monetary Fund (IMF) was informed by Pakistan that Islamabad has requested China to rollover $2 billion State Administration of Foreign Exchange...
Chinese financing may help rupee claw back against dollar in upcoming week
KARACHI: Chinese financing valuing $500 million amid a national financial crunch and economic woes, might help rupee to gain strength against the dollar.
Reports on...
China again proves great friend; approves $1.3bn loan rollover for Pakistan
ISLAMABAD: Pakistan received $500 million from Chinese bank, Finance Minister Ishaq Dar announced late Friday, as part of the $1.3 billion facility approved by...
Pakistan again bow before IMF; SBP raises key interest rate by 300bps, takes it...
KARACHI: Bowing down to another demand of International Monetary Fund (IMF), the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced...
