Petrol likely to hike by Rs 10 from July 1
ISLAMABAD: Bowing down to the pressure of the International Monetary Fund (IMF), the government is likely to increase prices of petroleum products by Rs...
Rupee recovers on good news regarding IMF programme
KARACHI: Pakistani rupee recovered on Tuesday after Finance Minister Miftah Ismail announced that the Government of Pakistan has received the Memorandum of Economic and...
Pakistan receives MEFP from IMF for combined 7th, 8th reviews: Miftah
ISLAMABAD: Federal Minister for Finance Miftah Ismail Tuesday said that Pakistan has received the draft Memorandum of Economic and Financial Policies (MEFP) from the...
Asian markets extend rally as rate hike fears subside
HONG KONG: Asian markets rallied again Monday, building on last week’s advances and following a strong performance on Wall Street as speculation that inflation...
PSX gains 258.83 points to close at 42,716.97 points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) on Thursday witnessed bullish trend, gaining 258.83 points, a positive change of 0.61 per...
Rupee snaps losing streak, gains Rs3.43 against dollar
KARACHI: Pakistani Rupee snapped its losing streak against the US dollar, gaining Rs3.43 in the interbank market a day after the government secured the...
Rupee falls to new low of 211.93 despite progress in Pak-IMF talks
KARACHI: The Pakistani rupee finally snapped its losing streak against the US dollar on Wednesday, gaining over Rs3 in early morning interbank trade, mainly...
Pakistan, China sign $2.3b loan facility agreement
ISLAMABAD: Pakistan on Wednesday signed a RMB (Renminbi) 15 billion ($2.3 billion) loan facility agreement with a Chinese consortium of banks which is expected...
Important progress made over budget of fiscal year 2022-23: IMF
ISLAMABAD: Esther Perez Ruiz, Resident Chief of International Monetary Fund (IMF) revealed that important breakthrough was achieved on the budget of fiscal year 2022-23.
"Discussions...
PM decides to provide five basic commodities at low rates to poor
ISLAMABAD: Prime Minister Shehbaz on Monday decided in principle to provide flour, ghee, cooking oil, pulses, rice and sugar at a low price to...
