The Pakistan Stock Exchange (PSX) crashed at the opening bell on Monday in reaction to the State Bank of Pakistan's (SBP) unforeseen hike on November 25, while the market was closed, in the interest rate to 16 per cent -- the…
The State Bank of Pakistan (SBP) said the country's current account deficit decreased 68 per cent in October from a year earlier owing to decline in imports.
Pakistan's risk of default, measured through the five-year currency default swap (CDS) index, spiked 4.2 percentage points to a new high at 64.2 per cent, suggesting that the country lacked resources to meet the growing…
The Pakistani rupee (PKR) continues its recently achieved stability streak with a marginal increase in its value as the greenback was traded at 221.65 PKR in the interbank market, according to the State Bank of Pakistan…
The Pakistani rupee has continued its downward trajectory for the third consecutive session as the US dollar was traded at 222.47 PKR in the interbank market, according to the State Bank of Pakistan.
Remittances sent by overseas Pakistani workers decreased 10.5 per cent in September 2022 on a month-on-month basis, the State Bank of Pakistan has said.