Mari Petroleum Company Limited announced on Friday that it has successfully drilled and tested the second appraisal well in the… Read More
SBP Reserves Decline by $127 Million
The liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $127 million on a weekly… Read More
UAE Rolls Over $2 Billion Loan to Pakistan for One Year
The State Bank of Pakistan (SBP) Wednesday announced that the United Arab Emirates (UAE) has confirmed roll over of its… Read More
Pakistan Receives Loan Tranche of $705 Million from IMF
The State Bank of Pakistan (SBP) has received the second tranche of $705.6 million from the International Monetary Fund (IMF)… Read More
Govt Raises Rs. 158 Billion Through PIBs
The government on Tuesday raised Rs. 158 billion through the auction of fixed-rate Pakistan Investment Bonds (PIBs) against the target… Read More
Electricity Consumers Set to Face Another Huge Price Hike
The Central Power Purchasing Agency (CPPA) has sought a Rs. 5.62 per unit increase in electricity prices in terms of… Read More
Govt Cuts Price of Petrol by Rs. 8
The caretaker federal government has announced a slight cut in the price petrol while the price of high-speed diesel has… Read More
Weekly Inflation Crosses 44% Due to Higher Gas, Food Prices
The Sensitive Price Indicator (SPI) for the current week ended on January 11, 2024, increased by 44.16 percent on a… Read More
SBP Reserves Fall by $66 Million to $8.15 Billion
The liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $66 million on a weekly… Read More
Govt Raises Rs. 283 Billion Via T-Bills, Cut-Off Yields Down by up to 59 BPS
The cut-off yields on Treasury Bills (T-Bills) went down by up to 59 basis points (bps) in the auction of… Read More
Over 860,000 Pakistanis Left the Country in 2023 in Search of Jobs Abroad
Over 860,000 Pakistanis left the country in search of better job opportunities abroad during 2023, the highest number since 2015.… Read More
SBP Reserves Surge by Over $1.3 Billion in Just Two Weeks
The liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) soared by over $464 million on a… Read More