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...
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...
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Economy
News Desk

Pakistan posts Current Accout Deficit of USD200Mn in April 2021: SBP

Pakistan reports Current Account Deficit of $200mn for the month of April 2021 as compared to a deficit of US$510mn in April 2020, 61%...
News Desk

MPC: Policy rate remains stable at 7%

The Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. The MPC noted that since the last meeting in November,...
News Desk

PIA 777 impounded in kualumpur for not paying Lease amount

PIA Boeing 777 registration APBMH operating flight islamabad Kuala Lumpur Islamabad is impounded by the Malaysian Authorities in Kuala Lumpur by orders of the...
News Desk

Pakistan’s Exports increased 18% YoY & imports surged 25% during December,...

Pakistan Bureau of Statistics (PBS) revealed the exports from the country increased by 4.98 percent during the first half (H1) of the current fiscal...
News Desk

Forex Reserves inched up by 0.79% to USD 20,402.40Mn

As per the data released by the SBP, the Pakistan's Forex Reserves increased by USD 160.60 Million or 0.79% and the total liquid foreign...
News Desk

Roshan Digital Account receives its highest ever single day remittance of...

In a latest tweet from the State Bank of Pakistan, the inward Remittances from overseas Pakistanis into Roshan Digital Account rose to $7.7 million,...