Pakistan should suspend international debt repayments and restructure loans with creditors after recent floods added to the country’s financial crisis, the Financial Times reported, citing…
The country’s economy suffered a loss of around Rs4.81 trillion because of the recent spell of torrential rains and the ensuing floods, according to the…
In line with the dominant trend over the last several weeks, the country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) once…
The Pakistani rupee continued its downward spiral unabated for the 14th consecutive session on Wednesday and hit an all-time low of Rs240 against the US…
The federal government once again announced increasing the petrol price by Rs1.45 per litre, a notification from the Finance Division released early Wednesday said. After…
The business community has expressed dissatisfaction over management of the country’s economic affairs by the government, saying it has now become impossible for industrialists to…
Lacklustre demand for cement, witnessed as part of the recent slowdown, is likely to persist, and as a consequence, apply pressure on the pricing power…
Oil prices steadied on Tuesday after rising in the previous session on concerns that further United States interest rate hikes this week to tame inflation…
US dollar nearing its all-time high value after gaining Rs1.09 in the interbank on Tuesday. During interbank trading on Tuesday morning, a single dollar was…
The Pakistani rupee continued to nosedive against the US dollar on Monday in the interbank market as the latter increased to Rs238. The rupee lost…