SBP reports closing price of greenback at Rs302.95 in the interbank market.

IMF chief says the Fund is very clear that it wants the poor people of Pakistan to be protected.

Non-payment will trigger "power purchaser event of default" in 35 days.

The World Bank's projections indicate that the poverty level could rise to 40 percent

Stocks rally 700 points as analysts point to attractive valuations and high dividends yield of banking sector.

$2bn of foreign loans came from Saudi Arabia as time de­­p­o­sit, followed by $508m guaranteed loan to PAF by China.

The external financing is one of the last in a string of prior actions the lender wants Islamabad to complete, says IMF official.

 In today's domestic bullion session, 24-karat gold was priced at Rs212,500 per tola...

Cotton exports could not enter six digits since 2017-18 when the exports stood at 207,424 bales.

Analysts attribute gains to implementation of laws pertaining to currency smuggling.

Local currency gains over Rs2 against USD

Approves increase of up to 113% in natural gas prices

The local currency has weakened by 4pc against the dollar since the start of the declining trend in mid-October.

Analysts attributes run to ongoing IMF review, falling interest rates in secondary markets.

Civil-military platform cautioned against favouring certain investors.

Currency gets boost from steps taken to control leakages under ATT

SIFC meeting approves initiatives to be pitched to friendly countries; PM appreciates Saudi support for Palestinians.

PM Shehbaz says the deposit will strengthen Pakistan's foreign exchange reserves, reflects growing confidence of international community.

The State Bank of Pakistan Pakistan (SBP) on Friday received $1 billion from China.

Insiders claim banks selling dollars at a premium, impacting small importers; discrepancy comes despite no restrictions on imports, LCs.

Domestic currency had experienced a sharp drop of 1.16% reaching a one-week low at Rs280.29 per US dollar yesterday

Exporters immediately stopped selling their holdings as dollar began appreciating with start of Israel-Hamas war.

Wants Fund mission to visit Islamabad within next week; official says no exit from default without lender’s support.

It will be the fourth major commercial bank to operate a wholly owned exchange subsidiary

Hydrocarbon deposits deplete rapidly since no new major discovery made

Data shows local currency lost 0.07pc of its value against the dollar to close at 277.03.

Fund denies media reports that it's planning to urge country to increase taxes on salaries and business income, as well as max threshold for petroleum levy.

FBR says the currency is being hoarded by people in hopes of getting better returns

Abraaj’s refusal to give its share purchase agreement with Shanghai Electric to the official obstructed the transaction.

Parliamentary committees briefed on conditions to revive $7bn bailout.

Says $1.3bn will be disbursed in 3 instalments; Pakistan needs $5bn to close its financing gap this fiscal year.

IMF official says Pakistani authorities are committed to implementing the necessary reforms.

Analyst says market expects staff-level agreement with IMF to be signed by week's end.

Central banks could keep interest rates higher for longer as they fight to curb inflation that remains stubbornly high in many countries and slow their...

Pakistan is expected to receive a cumulative sum of $1.4 billion from the International Monetary Fund (IMF)...

Insiders say IMF wants Pakistan to start work on agreed measures before releasing next tranche.

KSE-100 Index surged more than 60% in 2023, making it the best performer among the Asian frontier markets, which include Bangladesh, Laos, Sri Lanka, and Vietnam

ISLAMABAD: At a high powered meeting between Russian delegations and officials from Pakistan, Russia has extended its hand to Pakistan and offered their aid in fulfilling Pakistan’s energy needs. ...