Another $500mn on the way: Ishaq Dar
March 16, 2023
The documentation for the second disbursement of $500 million out of the Industrial and Commercial Bank of China….
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….
Credit Suisse will borrow up to 50 million francs ($53.7 billion) from the Swiss central bank to strengthen the group following a sharp drop in its share…
Asian markets on Thursday experienced a sharp decline, with banks leading the downturn….
The government’s recent auction of Pakistan Investment Bonds (PIBs) fell short…
The federal government on Wednesday hiked the prices of petroleum products by up to Rs13 per litre for the next fortnight…
Shares of Credit Suisse, the embattled Swiss bank, have dropped by as much as 18.3% around 10 a.m. London time on Wednesday…
The decline in Pakistan’s 2024 bonds has been observed on the sixth consecutive day…
The Economic Coordination Committee (ECC) of the Cabinet on Wednesday directed Petroleum Division to supply…
The federal government on Wednesday extended the last date for the encashment of withdrawn prize bonds of Rs7500, 15,000, 25,000, and Rs40,000 until…
Copper prices rose in early Asian trade as supply disruptions caused by the COVID-19 pandemic continued to impact the global mining industry….
Palm oil prices have seen an increase in early Asia trade, following the upward trend of soybean oil’s gains overnight on the Chicago Board of Trade…
US and European stock markets rebounded on Tuesday, as concerns over the turmoil in the banking industry eased….
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday fixed the intervention price for cotton (Phutti)…
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday allowed a sovereign guarantee in favor of Sui Northern Gas Pipelines Limited (SNGPL)…
The passenger car sales witnessed a massive decline of around 80% YoY in February 2023…
The total deposits held by scheduled banks have moved up by 15% YoY to Rs22.92 trillion in February 2023 compared to February 2022…
Market Data and Economic Indicators
The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO), and Shariah-compliant Mudarabah OMO today…
Workers’ remittances for the month of February registered an increase to 4.9% MoM $2 billion, compared to $1.89bn in January 2023….
As the world eagerly awaits news of Pakistan’s $6 billion bailout package from the IMF, delays are piling up…
Stressing the need to enhance trade and investment cooperation, Deputy High Commissioner of Bangladesh S. M. Mahbubul Alam…
The Securities and Exchange Commission of Pakistan (SECP) registered 2,414 new companies in February 2023…
The Weekly Sensitive Price Indicator (SPI) for the Combined Group has surged by 1.37% during the week ended on March 09, 2023….
Governor State Bank of Pakistan, Mr. Jameel Ahmad inaugurated the new building of State Bank of Pakistan, Banking Services Corporation (BSC) in Sialkot, said a press statement issued on Thursday.
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $486.9 million….
The State Bank of Pakistan (SBP) on Wednesday successfully raised Rs225.67 billion on Thursday through the sale of floating rate Pakistan Investment Bonds…
The State Bank of Pakistan (SBP) on Thursday conducted an Open Market Operation (OMO), in which it injected a total of Rs677.95 billion into….
The staff-level agreement (SLA) with the International Monetary Fund (IMF) is unlikely to be finalized this week…
The government on Wednesday raised Rs1.56 trillion from the auction of market treasury bills, against a target of Rs1.8tr…