The foreign exchange reserves held by the State Bank of Pakistan (SBP) continued their declining spree,…
Category: Economy
Indus Motors shuts down production plant in Pakistan on delay in import approvals
Indus Motors Company (IMC), the maker of Toyota vehicles, has decided to shut down its production…
SBP’s forex reserves fall to near four-year low
The foreign exchange reserves held by the State Bank of Pakistan (SBP) plunged $784 million to…
Emirati firm in talks to buy Telenor Pakistan
Ownership of the country’s second-largest cellular service provider may soon change hands as Telenor Pakistan looks…
Govt will not seek Paris Club debt restructuring: Dar
Finance Minister Ishaq Dar on Sunday said Pakistan will not seek debt restructuring from Paris Club…
Rupee greets Dar by surging against dollar
The rupee rose on Monday following reports Ishaq Dar, who is well known for favouring a…
Trade gap shrinks the cost of economy
Pakistan’s current account deficit (CAD) — the gap between country’s higher foreign expenditure and low income…