Economy
Pakistan’s Current account posted a surplus of $128Mn in Feb
Pakistan’s current account posted a surplus of $128 million in February 2024, in contrast to a revised deficit of $303 million in the previous...
MPC decided to hold the Policy rate steady at 22%
The Monetary Policy Committee (MPC) decided to hold the policy rate steady at 22 percent in its meeting held today.
The MPC noted that despite...
Weekly SPI surged by 1.11%
The Weekly Sensitive Price Indicator (SPI) significantly increased by 1.11% WoW during the week ended March 07, 2024,
The SPI rose 32.39% YoY compared...
Remittances surged by 13% YoY in Feb’24
According to the latest data from the SBP, Workers' Remittances dropped by 6.18% MoM in February to $2.25 billion, down from $2.4 billion in...
Petrol Prices Skyrocket: Hit a Record High of Rs. 159.86/ltr, increased...
The government has jacked up the price of petrol by Rs12.3, taking it to a record high of Rs159.86 per litre as a global...
SBP-held Foreign Exchange Reserves surged by 10.2% WoW to stand at...
The foreign exchange reserves held by the central bank surged 10.23% on a weekly basis.
On February 4, the foreign currency reserves held by the...
PSX included in MSCI FM 100 and MSCI FM 15 percent...
MSCI announced the conclusion from its consultation on the eligibility of the MSCI Pakistan Index for the MSCI Frontier Markets 100 and MSCI Frontier...
Pakistan Consumer Price Index (CPI) hits a 24-Month high at 13%...
Inflation continued to take its toll as Consumer Price Index (CPI)-based reading hit a 24-month high at 13% on a year-on-year basis in January...
Transparency International: Pakistan slips further on Corruption Perceptions Index
Pakistan dropped 16 places in the Corruption Perceptions Index (CPI) for 2021 compared to the previous year, ranking 140 out of 180 countries, Transparency International said...
SBP maintained the Policy Rate at 9.75%
The State Bank of Pakistan has decided to keep the interest rate unchanged at 9.75% for the next two months.
