SBP
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Indus Motors Sellers of Toyota Vehicles In Pakistan Once Again Shutdown Production
BUSINESS(B-Trams):Due to a lack of raw materials and components, the assembler and seller of Toyota vehicles in Pakistan…
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US Ambassador To Pakistan Said, US Willing to Cooperate With Pakistan over IMF Deal
BUSINESS: ISLAMABAD:Donald Blome, the US Ambassador to Pakistan , wished for a settlement between Pakistan and the International…
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Essential Commodities Prices Surges To 25-Week High Yearly Inflation Rise At 42.27%
BUSINESS:As the prices of perishables begin to rise ahead of Ramadan, weekly inflation increased by 1.37 percent week-over-week…
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Remittances of Pakistan Fall 9.5% to $2bn In February
BUSINESS:As exchange rate fluctuations, economic uncertainty, and a lack of trust in the system continued to encourage the…
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Pakistan Foreign Reserves Surges To $ 9.754 Billion
BUSINESS:As a result of receiving US$ 500 million from China, Pakistan’s total liquid foreign reserves increased to US$…
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Govt To Prepare List of ‘Reputable’ Suppliers To Import of Solar Panels ; SBP
ISLAMABAD(B-Trams)::The Director of the State Bank of Pakistan, Dr. Asif Ali, sent a letter to Tariq Bajwa, the…
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Textile Exports In Pakistan Plunge 28% in February
BUSINESS(B-Trams):Provisional data released on Monday by the All Pakistan Textile Mills Association (APTMA) revealed that Pakistan’s textile sector…
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Pakistan Jacks Up Interest Rate By 300bps
BUSINESS:In an off-cycle review, the benchmark interest rate was increased by 300 basis points (bps) to 20% by…
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SBP Likely to Increase Interest Rates Today
BUSINESS:The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is likely to raise interest rates.…
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Pakistan Govt Increase Interest Rate By 200bps
BUSINESS:Pakistan has agreed to raise the policy (interest) rate, which currently stands at 17%, by 2%, or 200…
