Business ECC okays $3b loan guarantee for N-plant News Desk Aug 9, 2023 ISLAMABAD: Pakistan on Tuesday approved issuing $3 billion worth sovereign guarantees against a Chinese loan for a nuclear power…
Business ‘Risks to public debt remain high’ News Desk Apr 27, 2023 ISLAMABAD: The risks to Pakistan’s public debt remain high and any further exchange rate shock would persistently keep the debt…
Business Dollar clings to gains News Desk Apr 22, 2023 SINGAPORE: The dollar headed for its first weekly gain in nearly two months on Friday as investors raised their bets that the…
Business ICBC re-routes $1 billion loan News Desk Apr 20, 2023 ISLAMABAD: Industrial and Commercial Bank of China (ICBC) has not directly given a $1.3 billion loan due to Pakistan’s highly…
Business 10% Hajj quota surrendered to Riyadh News Desk Apr 11, 2023 ISLAMABAD: Pakistan on Monday decided to surrender 10% of the government’s Hajj quota to Saudi Arabia and approved the provision…
Business Rupee stabilises against dollar at 283.55 News Desk Mar 29, 2023 KARACHI: Pakistani rupee continued to stabilise around current levels on Tuesday as it inched up 0.01%, or Rs0.03, and closed at…
Business Pro-business reforms, policies sought News Desk Mar 10, 2023 “FPCCI has reached a conclusion that Pakistan needs continuity in economic policies to support the investment climate and all…
Business Rupee maintains uptrend with 0.19% gain News Desk Mar 7, 2023 The latest recovery came after Pakistan received a loan of $500 million from China on Friday. It was the first of three tranches…
Business PKR appreciates Rs8.34 in interbank Arham Irfan Mar 3, 2023 Saad Bin Naseer, director of financial data and analytics portal Mettis Global, told Daily City News that after the rupee’s fall…
Business Rupee freefalls in interbank to 290.18 against USD Arham Irfan Mar 2, 2023 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…