Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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Pound fights back as markets wait on Fed

Sep 16, 2020: Investors trod a cautious path with their immediate focus on the Federal Reserve's latest meeting Wednesday as world stocks moved in a tight range while the pound moved higher on

Global tourism loses $460 bln to COVID-19 in H1

Sept 16, 2020: Smashed by coronavirus pandemic, international tourist arrivals declined globally by 65% in the first half of the year, according to the United Nations World Tourism Organization (UNWTO). As countries closed

No change in petroleum prices

September 15, 2020: The government on Tuesday decided to maintain the prices of various petroleum products at the existing level for the next half of the current month. APP

FBR, ET& NC Punjab sign MoU for database integration

Sep 15, 2020: The Federal Board of Revenue (FBR) and Excise, Taxation and Narcotics (ET& NC ) Department of Punjab have signed a Memorandum of Understanding (MoU) for real-time integration of data bases.

Money Supply surges to 17% in FY20

September 15, 2020 (MLN): Pakistan’s money supply surged to 17% in fiscal year 2020 from 10% recorded in FY19, the State Bank of Pakistan (SBP) data showed on Tuesday. The total money supply

Govt. borrowing eases by Rs.17 billion in a week

October 25, 2019 (MLN): The government of Pakistan has retired Rs.16.77 billion during the week ended October 18, 2019, which brings its total net borrowing for ongoing fiscal year 2020 to Rs.225.37 billion. As of

Banking sector spread rises by over 6% in Sept

October 24, 2019 (MLN): The Banking sector spread for September 2019 increased by 27 basis points (bps) over the month which brings its latest value to 6.17% as compared to prior month's spread of 5.9%.

LSMI output decreases by 6% YoY in 2MFY20

October 23, 2019 (MLN): The overall output of LSMI decreased by 6.04% for July-Aug, 2019-20 compared to July-Aug, 2018-19. The LSMI output decreased by 7.06% for Aug 2019, compared to Aug 2018 and 4.08% if

Exports to USA up by 8% YoY in September

October 23, 2019(MLN): Total Exports from Pakistan as per Balance of Payment (BOP) during the month of September 2019 amounted to $1.9 billion (provisional), as against $1.89 billion (restated) in August 2019 and the US