Dollar cap did not cost Pakistan $3 billion claims Central Bank
KARACHI: The State Bank of Pakistan (SBP) clarified that the dollar cap — imposed to stabilize the rupee's rate against the greenback — did...
After open market, rupee nosedives against dollar in interbank
KARACHI: A day after the unofficial cap on the dollar exchange rate was lifted in the open market, the rupee took a massive hit...
Sheikh Mohamed President UAE arrives on private visit
RAHIM YAR KHAN: Sheikh Mohamed bin Zayed Al Nahyan, President of United Arab Emirates (UAE) arrived in Rahim Yar Khan today on a private...
IMF seeks more details on budgetary position from Pakistan
ISLAMABAD: The International Monetary Fund (IMF) has asked additional information about the budget and other areas from Pakistan before beginning virtual negotiations, amid the...
Launch of strategy paper on gender responsive budgeting: Jonas Andreae, FES Pakistan
ISLAMABAD: In close cooperation with the Women Parlimentarian Caucus (WPC), FES has developed a Strategy Paper on Gender Responsive Budgeting.
Niels Hegewisch, Country Director of...
Pakistan to start virtual dialogue on pending review with IMF from Monday
ISLAMABAD: Pakistan has shared its plan to convince the International Monetary Fund (IMF) to complete the pending ninth review, Pakistan shared the basic contours...
World Bank delays approval of $1.1bn for Pakistan
ISLAMABAD: The World Bank has delayed the approval of two loans for Pakistan worth $1.1 billion until the next fiscal year pending some steps...
SBP governor sees rise in forex reserves amid expected dollars influx next week
KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad on Wednesday expressed hope that the country s foreign exchange reserves would increase after the...
Govt maintains status quo on price of petroleum products
ISLAMABAD: Finance Minister Ishaq Dar announced on Sunday that the price of petroleum products in the country would remain unchanged for the next fortnight...
Premier Shehbaz Sharif invites UAE entrepreneurs to explore opportunities in Pakistan
ABU DHABI: Prime Minister Shehbbaz Sharif on Friday invited the entrepreneurs from the Abu Dhabi state of the United Aab Emirates (UAE) to invest...
