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Business

SBP Reserves Surpass $8.7 Billion with $4.2 Billion Jump

The State Bank of Pakistan (SBP) reported a staggering surge of more than 90% in its foreign exchange reserves on a weekly...
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News

IMF-Backed Measures: Curbing Currency Premiums in Pakistan

In an effort to stabilize currency rates and curb abnormal premiums, the Pakistani government has entered into a stand-by agreement (SBA) with...
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How To

How to Calculate Electricity Bill After New Tariff Hike?

The electricity tariff in Pakistan has witnessed a significant increase, rising by Rs4.96 per unit for the fiscal year 2023-24. This step...
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News

IMF Deposits $1.2 Billion in State Bank of Pakistan

The International Monetary Fund (IMF) has made a significant deposit of $1.2 billion in the State Bank of Pakistan (SBP). This deposit...
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News

Prime Minister Shehbaz Sharif Confirms End of Government’s Term

Prime Minister Shehbaz Sharif has officially announced that the current government's term will conclude on August 14, coinciding with Pakistan's Independence Day....
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Business

Pakistani Rupee Strengthens Against US Dollar in Intraday Trade

The Pakistani rupee showed a strong performance against the US Dollar in intraday trade, starting at an opening rate of 279 in...
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News

United States Welcomes Pakistan-IMF Stand-By Arrangement

The United States has expressed its support and satisfaction for the recent 9-month Stand-By Arrangement (SBA) between Pakistan and the International Monetary...
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Business

Pakistan Stock Exchange Hits 52-Week High Index of 45,160

The Pakistan Stock Exchange (PSX) experienced a bullish trading session, with the benchmark KSE-100 reaching a 52-week high index of 45,160 on...
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News

IMF Board to Vote on $3 Billion Bailout for Pakistan

The International Monetary Fund's (IMF) Executive Board is set to vote on a short-term bailout program for Pakistan, providing much-needed financial support...
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News

IMF Team Visits Imran Khan’s Residence in Lahore

An International Monetary Fund (IMF) team paid a visit to the Zaman Park residence of former Pakistan prime minister Imran Khan in...
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