Sunday, September 19, 2021

Exchange rate

Pakistan tops in discount rate among Asian countries

State Bank of Pakistan SBP in its meeting on Tuesday raised the discount rate by 100 bps to 13.25 percent with effect from 17th July 2019. The decision takes into account upside inflationary pressures from exchange rate depreciation since the...

Exchange rate erosion, increasing cost of energy a wakeup call: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said the country is passing through a critical...

Asad refutes report on exchange rate target with IMF

Finance Minister Asad Umar on Friday refuted reports about talks with the International Monetary Fund (IMF) about the exchange rate target. Addressing Pakistan Stock Exchange in Karachi by video link from Islamabad, the finance minister said that artificially maintaining the...

PM Khan meets IMF chief, what’s ahead? 

The news came over weekend that Imran will meet Christine Lagarde at the sideline of Dubai Summit, and some corners of media went ahead and linked meeting with 14th IMF program conclusion. I resisted myself to comment on this...
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Latest News

Reflex action on the abandoned cricket series

Begging our hearts out for conflict and crisis management on the part of our leadership, specifically cricket management, are...
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