State Bank forecasts total remittances for FY25 to reach approximately $38bn, up from $30.25bn last year
A view of the K-Electric head office in Karachi. — K-Electric website/FileKARACHI: K-Electric is turning to startups to tackle Pakistan's energy...
US President has imposed 10% baseline tariff on all imports to US and increased duties on numerous other nations
These inflows increased 33.2% to $28 billion in nine months of current fiscal year
A currency exchange agent counts US Dollars at his company in Iraq's southern city of Basra, on December 8, 2023. — AFPKARACHI: Experts have...
This image shows a person counting Pakistan currency notes. — AFP/FileKARACHI: The government’s net borrowing for budgetary support from the...
A residential area in a housing society can be seen in this picture. — AFP/FileKARACHI: Pakistan is poised to emerge as a regional property...
A money changer counts Pakistan's currency at a market in Karachi. — AFP/FileKARACHI: Overseas investors withdrew a net $135.5 million from...
This image shows a person counting Pakistan currency notes. — AFP/FileKARACHI: Bank lending to the private sector rose sharply for almost nine...
A currency exchange agent counts US Dollars at his company in Iraq's southern city of Basra, on December 8, 2023. — AFPKARACHI: Remittances to...
Pakistan Currency can be seen in this undated image. — AFP/FileKARACHI: The yields on treasury bills increased on Wednesday as traders were...
Packs of freshly printed 20 USD notes are processed for bundling and packaging at the US Treasury's Bureau of Engraving and Printing in Washington,...
Govt aims to retire Rs1.5tr in debt using a mix of bank borrowings and proceeds from surcharge
MPC assesses current real interest rate to be positive on forward-looking basis to sustain ongoing macroeconomic stability
The logo of the Halan Microfinance Bank. — Facebook/Halan Microfinance Bank Larkana Branch/FileKARACHI: Halan Microfinance Bank plans to open 100...
A vendor at an exchange company counts dollars in this undated photograph. — AFP/FileKARACHI: Government debt rose by Rs3.209 trillion, or 4.65...
State Bank of Pakistan building. — AFP/FileKARACHI: The yields on Treasury bills were mostly flat on Wednesday as traders awaited the central...
The Habib Bank Limited logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. — ReutersKARACHI: Habib Bank Limited, one...
"Given sharp decline in inflation and stable reserves, a 50bps rate cut appears to be a logical step," reads AHL report
Finance minister says digital banking, which is quicker and more sustainable is way of future for finance industry
Country saw an outflow of $132 million in January 2024
A Visa credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. —ReutersKARACHI: Visa aims to increase the...
A foreign currency dealer counts US dollar notes at a currency market in Karachi on July 19, 2022. — AFPKARACHI: Pakistan’s government debt...
A man counting 100 dollar bills. — AFP/FilesKARACHI: Pakistan received gross inflows of $222 million through the Roshan Digital Account in...
Facility of Roshan Digital Accounts has also made it easier for workers to send money
A money changer counts Pakistan's currency at a market in Karachi. — AFP/FileKARACHI: Pakistan saw a net outflow of $32.4 million from Treasury...
Inflation rate was expected to decline further in January, but core inflation remains high, says SBP governor
SBP Governor Jameel Ahmad addressing a press conference in Karachi on January 29, 2024, in this still taken from a video. —...
People standing outside a bank.—AFP/FileKARACHI: Bank lending to the private sector surged to Rs1.398 trillion between July 1, 2024 and January...
A Visa credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. —ReutersKARACHI: Pakistan’s tech-savvy...
Current account surplus for December alone jumped to $582m, reflecting 109% increase year-on-year
These rollovers are part of IMF programme that govt attained in September last year, says Awais Ashraf
A man counting US dollars. — AFP/FilesKARACHI: Foreign investors have purchased a net $186 million in Pakistan’s short-term government debt...
Additionally, $4.7 billion of liquid reserves are held with commercial banks and are not part of total forex assets
Cash sent home by expatriates increases by 29.3% year-on-year to $3.1bn in December
State Bank of Pakistan building in this undated image. — AFPKARACHI: Pakistan’s central bank is expected to cut its benchmark interest rate...
A person can be seen arranging stacks of PKR notes. — AFP/FileKARACHI: Pakistan’s government debt rose by Rs1.452 trillion, or 2.1 per cent,...
Banks increase advances in a bid to avoid incremental tax on govt securities due to non-compliance of ADR-related tax, says expert
An image of a JS Bank branch in Karachi.— Facebook@JSBank/FileKARACHI: JS Bank Limited plans to open an Islamic banking window as the lender...
A representative image for tax. — Reuters/FileKARACHI: The government is projected to generate revenue of Rs60-70 billion through an increase in...
Representational image of Pakistani rupee. — AFP/FileKARACHI: Bank credit to the non-government sector, including private businesses and non-bank...
Digital monitor showing the share prices at the Pakistan Stock Exchange in Karachi. — INP/FileKARACHI: In 2024, Pakistan’s stock market beat...
Goods imports decrease by 10% to $4.136 billion, while services imports fell by 13% to $828m
SBP says that headline inflation fell to 4.9% year-on-year in November, driven by continued decrease in food inflation
A currency dealer counts Rs5,000 notes in this photo. — AFP/FileKARACHI: Market Treasury Bill yields dropped on Wednesday as traders priced in a...
A person can be seen arranging stacks of PKR notes. — AFP/FileKARACHI: The government repaid more than Rs2 trillion in bank loans in the first...
Stable inflows from UAE reflect strict foreign exchange controls at country's exit points, says expert
A representational image of taxes written on a calculator. — AFP/FileKARACHI: The committee set up by Prime Minister Shahbaz Sharif is expected to...
"Political instability might scare off investors, weaken rupee further and drive up inflation," says researcher
PM appreciates progress in FBR’s digitisation and lauded finance minister, state minister for finance and others
