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Electric surcharge of Rs3.39/unit approved
Earlier, the Economic Coordination Committee of the Cabinet, in its decision dated February 10, 2023, appproved the additional…
Rupee maintains uptrend with 0.19% gain
The latest recovery came after Pakistan received a loan of $500 million from China on Friday. It was the first of three tranches…
Short-term inflation remains over 41pc
In contrast, the highest year-on-year fall was recorded in the prices of tomatoes (56.29pc), chillies powdered (7.42pc).
IMF agreement won’t lessen default risk: Miftah
Miftah said that there was a “trust deficit” between the IMF and the finance ministry which could be bridged by the prime minister…
PKR appreciates Rs8.34 in interbank
Saad Bin Naseer, director of financial data and analytics portal Mettis Global, told Daily City News that after the rupee’s fall…
PM Office seeks hike in budget defying belt-tightening claims
In order to keep the matter a secret, the Ministry of Finance did not mention the decision of allocating an additional Rs18.5…
SBP jacks up key policy rate by 300 basis points
Policy rate highest in 26 years, 100 basis points higher than the financial market consensus
Rupee freefalls in interbank to 290.18 against USD
Reports in the market suggest that the IMF wants the value of the rupee in the interbank market to match its value in the black…
Inflation hits half-century peak at 31.5%
The PBS announced its readings a day before an emergency meeting of the Monetary Policy Committee.
Rupee slides to 265.83 in interbank market over IMF concerns
IMF expresses concern regarding govt control over rupee's value in interbank market