Author Archives: Sahar Ahmed
14th April, 2013
Walk the talk… if you can
KARACHI: Though the political parties may make much of their manifestos to lure potential voters, two things are clear; one, they are far removed from…
KARACHI: Though the political parties may make much of their manifestos to lure potential voters, two things are clear; one, they are far removed from…
11th April, 2013
SBP expected to leave policy rate steady
KARACHI, April 10: All analysts polled expect the State Bank of Pakistan to keep its policy rate unchanged at 9.5 per cent, despite inflation clocking in at a 68 month low, due to dwindling reserves amid increasing debt repayments and pressure on the rupee.
KARACHI, April 10: All analysts polled expect the State Bank of Pakistan to keep its policy rate unchanged at 9.5 per cent, despite inflation clocking in at a 68 month low, due to dwindling reserves amid increasing debt repayments and pressure on the rupee.
9th February, 2013
Interbank, open market gap widens
KARACHI, Feb 8: The spread between the value of the rupee traded against the dollar in the interbank market and open market has widened, which…
KARACHI, Feb 8: The spread between the value of the rupee traded against the dollar in the interbank market and open market has widened, which…
8th February, 2013
SBP may keep policy rate unchanged
The central bank has already made an aggressive cut of 200 basis points to 9.5 per cent during FY13 in an attempt to spur economic growth.
The central bank has already made an aggressive cut of 200 basis points to 9.5 per cent during FY13 in an attempt to spur economic growth.
31st January, 2013
Will Pakistani project in US be derailed?
A Pakistani company wishing to invest in US is jeered by a Congressman for an ingredient used in fertiliser production, which local company sources say is unfair.
A Pakistani company wishing to invest in US is jeered by a Congressman for an ingredient used in fertiliser production, which local company sources say is unfair.
16th January, 2013
Stocks plunge 525 points
KARACHI, Jan 15: Stocks fell by over 500 points, the fourth time in its history, in volatile trade on Tuesday following arrest orders issued for the prime minister in a corruption case as the country seemed to be heading into a political crisis.
KARACHI, Jan 15: Stocks fell by over 500 points, the fourth time in its history, in volatile trade on Tuesday following arrest orders issued for the prime minister in a corruption case as the country seemed to be heading into a political crisis.
15th December, 2012
IMF praises Pakistan over repayments
The IMF applauded Pakistan’s track record of repaying its debt obligations and was confident that the trend was likely to continue.
The IMF applauded Pakistan’s track record of repaying its debt obligations and was confident that the trend was likely to continue.
29th November, 2012
Stocks add 59 points to overnight gains
KARACHI, Nov 28: The Karachi Stock Exchange (KSE) achieved two milestones on Wednesday as it hit a new all-time high of 16,504.09 points and ended at its highest ever level of 16,424.03 points, led by the fertiliser and
KARACHI, Nov 28: The Karachi Stock Exchange (KSE) achieved two milestones on Wednesday as it hit a new all-time high of 16,504.09 points and ended at its highest ever level of 16,424.03 points, led by the fertiliser and
8th November, 2012
Stocks hit fresh peak on Obama’s re-election
KARACHI, Nov 7: Stocks rose to a fresh record, closing on an all time high on Wednesday as investors took positions in oil and banking stocks following re-election of US President Barack Obama which they feel is positive for Pakistan on easing economic concerns as policies are likely to remain unchanged.
KARACHI, Nov 7: Stocks rose to a fresh record, closing on an all time high on Wednesday as investors took positions in oil and banking stocks following re-election of US President Barack Obama which they feel is positive for Pakistan on easing economic concerns as policies are likely to remain unchanged.
30th October, 2012
Technocrats lament insufficient growth
KARACHI: Analysts and economists believe Pakistan is unlikely to meet most of the MDG targets even 10 years after the 2015 deadline primarily due to inadequate economic growth which came in around 3.7 per cent for 2011-12.
KARACHI: Analysts and economists believe Pakistan is unlikely to meet most of the MDG targets even 10 years after the 2015 deadline primarily due to inadequate economic growth which came in around 3.7 per cent for 2011-12.
7th October, 2012
KSE may witness selling pressure
“The market is likely to witness selling on Monday due to a lower than expected cut in interest rates and as it is also close to its highest ever level,” said Shuja Rizvi from Al Hoqqani Securities.
“The market is likely to witness selling on Monday due to a lower than expected cut in interest rates and as it is also close to its highest ever level,” said Shuja Rizvi from Al Hoqqani Securities.
5th October, 2012
Analysts see 100bps cut in policy rate
KARACHI, Oct 4: A majority of analysts expect the State Bank of Pakistan to cut interest rates by 100 basis points to 9.5 per cent, the second cut in 2012-13 fiscal year, when it meets on Friday to unveil its monetary policy.
KARACHI, Oct 4: A majority of analysts expect the State Bank of Pakistan to cut interest rates by 100 basis points to 9.5 per cent, the second cut in 2012-13 fiscal year, when it meets on Friday to unveil its monetary policy.
4th October, 2012
KSE index hits all-time high
KARACHI, Oct 3: The Karachi Stock Exchange (KSE) achieved two milestones on Wednesday as it hit a new all-time high of 15,747.64 points and ended at its highest ever level of 15,712.21 points, after a gap of four and a half years, buoyed by expectations of a cut in the State Bank of Pakistan’s key policy rate due to be
KARACHI, Oct 3: The Karachi Stock Exchange (KSE) achieved two milestones on Wednesday as it hit a new all-time high of 15,747.64 points and ended at its highest ever level of 15,712.21 points, after a gap of four and a half years, buoyed by expectations of a cut in the State Bank of Pakistan’s key policy rate due to be
22nd September, 2012
Business jittery on violence
Violent demonstrations, along with the country’s economic activities coming to a complete halt could cost the economy dearly.
Violent demonstrations, along with the country’s economic activities coming to a complete halt could cost the economy dearly.
16th September, 2012
Risks to economy increase
KARACHI, Sept 15: Risks to the country’s external accounts seem to be increasing daily, with IMF repayments, lack of foreign investment and a ballooning fiscal deficit, things on the macroeconomic front by no means
KARACHI, Sept 15: Risks to the country’s external accounts seem to be increasing daily, with IMF repayments, lack of foreign investment and a ballooning fiscal deficit, things on the macroeconomic front by no means
29th August, 2012
US discusses duty-free entry for Pakistani exports
KARACHI, Aug 28: The United States, with support from the Trade Development Authority of Pakistan and the Centre for International Private Enterprise organized a conference on Tuesday to promote exports and
KARACHI, Aug 28: The United States, with support from the Trade Development Authority of Pakistan and the Centre for International Private Enterprise organized a conference on Tuesday to promote exports and
11th August, 2012
SBP cuts rate to 10.5pc; business hails move
“The central board of directors of SBP has decided to give a relatively high weight to the state of private sector and investment in the economy,” said Anwar
“The central board of directors of SBP has decided to give a relatively high weight to the state of private sector and investment in the economy,” said Anwar
