SBP to remain closed on March 24
March 21, 2023
The State Bank of Pakistan (SBP) will remain closed for public dealing on Friday, March 24, 2023….
The State Bank of Pakistan (SBP) will remain closed for public dealing on Friday, March 24, 2023….
The collapse of Silicon Valley Bank and Signature Bank in the US has prompted authorities to take unprecedented measures to protect depositors….
Fed tightening is likely to weigh heavily on net capital flows to emerging markets (EM) this year but flows to
Automobile financing in Pakistan has dropped to Rs325.86 billion in February 2023, witnessing a decrease…
Asian markets experienced a rebound on Tuesday following the recent panic caused by concerns of another financial crisis….
The International Monetary Fund (IMF) on Monday announced that significant progress has been made in discussions…
The service sector of Pakistan posed a trade deficit of $39 million in February 2023, improving by 90% YoY….
Foreign direct investment (FDI) in Pakistan stood at $100.9 million in February 2023…
Pakistan posted a current account deficit (CAD) of $3.8 billion in 8MFY23, improving by 68.03% YoY…
The federal government announced the Ramadan timings for government offices…
In a bid to improve the payment card acceptance infrastructure in Pakistan, the Payment Systems Department (PSD)…
The State Bank of Pakistan (SBP) will remain closed on March 23, 2023…
Asian stock markets tumbled on Monday amid concerns over the financial sector and fears of a potential banking crisis….
The International Monetary Fund (IMF) has refuted speculations that any conditions…
Market Data and Economic Indicators
Market Data and Economic Indicators
The State Bank of Pakistan (SBP) has received $500 million from the Industrial and Commercial Bank of China (ICBC)….
The General Headquarters Lands Directorate has requested that the Board of Revenue, Punjab, transfer state lands covering 45,267 acres….
Toyota Indus has officially launched the Fortuner GR-S and Revo GR-S models in Pakistan….
Pakistan and China have reviewed the entire spectrum of bilateral relations and agreed to expand and reinforce…
Pakistan’s merchandise trade deficit for the month of February 2023 clocked in at $1.84 billion…
The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO), and Shariah-compliant Mudarabah OMO today…
The Administrator General Zakat has notified the Nisab of Zakat for the upcoming Zakat year 1443-44 AR…
The Oil and Gas Regulatory Authority (OGRA) has scheduled a meeting on March 21, 2023, to brief stakeholders on the prescribed…
Pakistan’s efforts to secure a $56.5 billion bailout program from the International Monetary Fund (IMF) have been delayed….
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $18.1 million…
Despite a 24.3% YoY growth in overall revenues in local currency, Jazz’s revenue decreased 2.6% in USD terms…
Pakistan Stock Exchange (PSX) and the Institute of Financial Markets of Pakistan (IFMP) have signed a Memorandum of Understanding (MoU)…
The documentation for the second disbursement of $500 million out of the Industrial and Commercial Bank of China….
An agreement with 16 countries was in the final stages, which would provide employment opportunities for thousands of Pakistani youth….