Economic turmoil
Indus Motor emerges as the third company to give a big price shock, jacks up rates by up to Rs3.16m.
Updated 30 Jul, 2022 10:14am
Opposition leader Shahzad Wasim accuses govt of violating Article 73 by failing to lay real budget document before the house.
Updated 30 Jul, 2022 09:29am
Move part of measures to conform with IMF pre-conditions for release of $1.18bn tranche.
Updated 30 Jul, 2022 08:06am
Bajwa's conversation with Wendy Sherman on early release of IMF tranche reported by media; COAS, Centcom chief discuss security.
Updated 30 Jul, 2022 07:43am
Pakistan’s external position weakens against the backdrop of higher commodity prices and a weakening rupee, it says.
Published 29 Jul, 2022 07:22am
“Inflationary and external sector risks are building macroeconomic imbalances in the economy," the ministry says.
Updated 29 Jul, 2022 07:45am
Automobiles, cell phones and electronics excluded; petroleum dealers’ commission raised 70pc.
Updated 29 Jul, 2022 08:39am
Analyst blames country’s political situation, government’s lack of action for rupee's decline.
Updated 28 Jul, 2022 03:11pm
Stronger leadership and improved communication are needed, along with broader policy options.
Updated 28 Jul, 2022 09:35am
AMID panic in the domestic capital markets, the acting State Bank governor has taken it upon himself to soothe ...
Published 28 Jul, 2022 09:01am
10-gram rate soars by Rs2,143 to Rs130,315.
Published 28 Jul, 2022 07:48am
Appreciates significant growth in exports from Pakistan to the US.
Published 28 Jul, 2022 07:37am
PML-N-led coalition govt posts second-highest quarterly deficit of $4.3bn.
Published 28 Jul, 2022 07:26am
Analyst says pressure on local currency to persist as long as dollar shortage prevails.
Updated 27 Jul, 2022 03:33pm
Says inflows of dollars into Pakistan will soon be higher than the outflow, resulting in a stable exchange rate.
Updated 27 Jul, 2022 06:44pm
Analyst attributes decline to LC payments for oil, exporters interested in quick earnings from rupee depreciation.
Updated 28 Jul, 2022 12:51pm
The greenback is now at a 20-year high against other world currencies.
Updated 26 Jul, 2022 09:42am
Bankers say an emergency should be declared to fix the balance of trade.
Updated 26 Jul, 2022 09:19am
The currency’s value will continue to be determined essentially based on forex demand and supply, which the SBP can influence.
Updated 25 Jul, 2022 10:27am
Without a national consensus on major economic decisions, Pakistan will continue spiralling down.
Updated 25 Jul, 2022 10:32am
Tenuous state of economy urges end to political turmoil and calls for responsible economic management in months ahead.
Updated 25 Jul, 2022 09:05am
If sustained development project is to take root in Pakistan, it would've to be built on idea greater than ‘IMF has asked for it’.
Updated 25 Jul, 2022 09:20am
The import bill outstrips export earnings by a wide margin every year and results in a shortage of dollars in the local market.
Updated 02 Mar, 2023 01:26pm
A day earlier, the cabinet approved an ordinance pertaining to the sale of national assets in a bid to overcome economic crisis.
Updated 24 Jul, 2022 07:29am
Says $33.5 billion in gross external financing needs will be met “comfortably” with $35.9bn in available financing.
Published 23 Jul, 2022 07:39pm
It’s time to go back to the basics, which may be termed as Solution 101 — ‘earn more and borrow less’.
Updated 23 Jul, 2022 09:43am
Tariff for those consuming 101-200 units per month increased by Rs7.21, rate for consumers using 201-300 units goes up by Rs8.31.
Published 23 Jul, 2022 07:20am
Analyst says rupee's decline a "bitter fact", but not an exception.
Updated 22 Jul, 2022 03:40pm
After an initial 290-point plunge, market recovers to close at 40,077.30 points, up 245.55.
Updated 22 Jul, 2022 05:31pm
Islamabad views Washington as an important partner in efforts to revive Pakistan’s economy, SAPM Tariq Fatemi tells US official.
Updated 22 Jul, 2022 09:46am
