KARACHI: Pakistan’s current account deficit narrowed 29.4 percent to $9.588 billion in the nine months of the current fiscal year as trade gap...
KARACHI: The government has planned to transfer its cash resources to the central bank from commercial banks in a bid to slash public debt servicing...
KARACHI: Public sector enterprises borrowed Rs303.2 billion from banks in the first nine months of the current fiscal year of 2018/19, up staggering...
Asked about the crackdown, the central bank’s spokesman Abid Qamar said no official instructions have been received as yet, but he said the State...
KARACHI: The central bank on Friday raised its key benchmark interest rate by 50 basis points to a six-year high of 10.75 basis points as lagged...
KARACHI: Pakistan’s biggest lender Habib Bank Limited has decided to wind down its operations in Afghanistan in line with the regulatory...
KARACHI: The central bank is expected to act modestly in a policy rate decision scheduled on Friday as moderate growth outlook warrants a stimulus...
