Finance Archives

KSE-100 Index Plunges After Frantic Sell-off Due to Hike in Policy Rate [Updated]

Pakistan equities witnessed a selling spree early today after the State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on… Read More

The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Friday raised the policy rate by 100 basis points… Read More

Pakistan’s GDP growth is expected to slow down to 2.1 percent in the current fiscal year owing to challenging economic… Read More

The Pakistani Rupee (PKR) dipped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More

The outstanding domestic debt of the loss-making Public Sector Enterprises (PSEs) soared to Rs. 1,879 billion during the first quarter… Read More

The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More

The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More

Hubco has issued a Standby Letter of Credit (SBLC) worth $150 million to China Power Hub Generation Company Limited (CPHGC).… Read More

The World Bank Group’s International Finance Corporation (IFC) has launched a $225 million platform to back startups in Pakistan and… Read More

The Asian Development Bank (ADB) will provide $200 million for the rehabilitation of roads in 23 flood-affected districts of Sindh… Read More

Pakistan’s chances of defaulting on its debt sharply reduced in the last 24 hours after nerves apparently subsided following Finance… Read More

The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Friday, November 25, 2022, in Karachi… Read More