Business

Flying towards its ‘true value’, the Pakistani rupee continued to rise on Tuesday as it appreciated by Rs0.97 to Rs217 against the US dollar during…

 Cash-strapped Pakistan has received additional external flows commitments worth $4 billion from international money lenders including, the Asian Development Bank (ADB), United Nations (UN), and…

The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 15 per cent, according to a press release issued on…

The Pakistani rupee continued to recover in the interbank market, extending its gains against the dollar for the 12 consecutive sessions. According to the Forex…

The government will not seek debt restructuring from Paris Club creditor nations, Finance Minister Ishaq Dar said on Sunday. Dismissing market rumours that the government…

Finance Minister Ishaq Dar has reiterated his government’s commitment to strengthen country’s economy by taking all possible measures. Addressing media in Islamabad on Friday, he…

Moody’s Investor Service cut Pakistan’s sovereign credit rating on Thursday by one notch to Caa1 from B3, citing increased government liquidity and external vulnerability risks,…

Finance Minister Ishaq Dar on Thursday announced a power subsidy package for Pakistan’s export industries with per unit electricity cost set at Rs19.99. In a…

Minister for Finance and Revenue Ishaq Dar says the government is taking measures to bring down dollar price to 200 rupees after which the prices…

The Pakistani rupee continued to manage its upward trend on the eighth consecutive working day as it gained 0.73% (or Rs1.65) to close at a…