Pakistan’s forex reserves with SBP drop to 9-year-low of $3.09bn – Business

Pakistan’s foreign exchange reserves held by the central bank decreased by 16.1 per cent to $3.09 billion in the week ending Jan 27, the State Bank of Pakistan (SBP) said on Thursday, which analysts said […]

Will ask SBP governor to collaborate with philanthropists to raise dollars, says Dar – Business

Finance Minister Ishaq Dar said on Thursday that he would ask the central bank governor to coordinate with a group of philanthropists in an effort to raise dollars from overseas Pakistanis to reduce the foreign […]

Shares rally as SBP rate hike misses market expectations – Business

Shares at the Pakistan Stock Exchange (PSX) continued to rise for the second straight day on Tuesday, with analysts attributing the bounce back to a lower-than-expected increase in the benchmark policy rate. The benchmark KSE-100 […]