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Shahid IqbalBusiness Recorder |
Pakistan Business Council presents plan to generate up to $1.9bn in new exports.
The State Bank data shows that the government has borrowed Rs122bn per day from banks during June 15-19.
The borrowing amount reflects increased spending despite the massive growth in tax revenues over the past three years.
The central bank's forex reserves are nearing their annual target, but large payments are also due this month.
22 participating banks will establish dedicated camps and kiosks in assigned cattle markets.
Greenback deposits rose to Rs87bn in 9MFY26.
Govt raises Rs1.5tr amid Rs4.2tr bids.
Government’s borrowing from banks doubles in over eight months.
Foreign investors are in a state of panic and keen to leave the region.
Dollar repatriation swells to $1.7bn, foreign investment falls 33pc to $1.19bn in July-February.
Flights to Dubai, Umrah travel continue; airfares surge.
Possibility of tight monetary policy grows after 100bps hike in T-bill yields.
Although Pakistan is not directly part of the Gulf war, its economic repercussions have already begun to affect the country.
So far, the trend has been positive in the third quarter of FY26 after the current account posted deficits in the first two quarters.
Experts say T-bill returns may rise in the coming months as the conflict pushes inflation higher.
State Bank has allowed import of crude oil, which means it will provide dollars and affect reserves.
July-February inflows rise 10.5pc to $26.5bn.
Financial sector experts fear high inflation could escalate government spending, requiring more money and seriously distorting fiscal gap targets for...
Foreign exchange reserves of SBP rise by $87m to $16.300bn during week ending Feb 27.
Foreign exchange reserves of SBP rise by $87m to $16.300bn during week ending Feb 27.
Returns rise to 11pc — 50bps more than SBP policy rate.
Remittances likely to decline during Ramazan.
Raises Rs1.9tr from banks in 7MFY26, leaves little room for private sector.
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KARACHI: The State Bank of Pakistan (SBP) has capped remittances against royalties, franchise and technical services at $250,000 for new companies....
KARACHI: The Karachi Cotton Association (KCA) failed to issue cotton spot rates for the fifth consecutive day on Friday as the historic Karachi Cotton...
KARACHI: Another step towards Pakistan’s virtual assets framework was taken on Thursday, as the State Bank of Pakistan (SBP) held a meeting with the...
KARACHI: The Karachi Cotton Association (KCA) has withdrawn a petition filed in the Sindh High Court challenging the evacuation of an old building on...
The current account posted a $100 million surplus in November, which may change the trend of deficits in previous months of the current fiscal year....
KARACHI: Both domestic and foreign investment are at their lowest levels and could set an unwanted record by falling below a 13 per cent...
KARACHI: Despite mounting pressure from industry for immediate relief, a rate cut in the upcoming monetary policy appears unlikely, as the...
KARACHI: Despite the government’s move to link all dollar transactions with Nadra, including a new facial-recognition requirement, exchange...
KARACHI: Instead of improving, the foreign investment climate has become more difficult for Pakistan, as seen in treasury bills where outflows surged...
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KARACHI: Though the rupee has been appreciating against the dollar in what dealers describe as a managed way, the market expects the local currency to...
KARACHI: The impressive growth of non-bank financial institutions (NBFIs), hailed by the State Bank of Pakistan (SBP) in 2024, has quickly unravelled...
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