KARACHI: The government plans to raise Rs200 to Rs300 billion via 10-year privately placed sukuk bonds to fund staggering circular debt in the power...
KARACHI: Money exchange firms have been ordered by the central bank to screen all transactions and check and record the identification of the...
KARACHI: Pakistan’s outstanding foreign debt and liabilities rose 13 percent in the first quarter of the 2018/19 fiscal year to $96.735 billion,...
KARACHI: The central bank’s instruction to the banks to refrain from selling rupee beyond the 137-139 levels helped the battered local currency...
“Around Rs300 billion will be added to the foreign debt in response to today’s whopping exchange rate adjustment.” Ashfaque said
KARACHI: The State Bank of Pakistan on Friday ramped up its benchmark interest rate by a more-than-expected 150 basis points to 10 percent, after...
KARACHI: Rupee lost 7.87 percent against the dollar during the first 100 days of the new PTI government, as depleting foreign currency reserves...
