Business

KARACHI: The International Monetary Fund (IMF) is preparing to discuss budget plans for the coming financial year, as part of a long-awaited bailout tranche...

KARACHI: The State Bank of Pakistan (SBP) and all commercial banks will remain closed for public dealing on May 1 — Labour Day, according...

ISLAMABAD: Saudi Arabia and the United Arab Emirates (UAE) have informed the International Monetary Fund (IMF) regarding the financing of $3 billion to Pakistan. Talking...

Washington: Saudi Arabia and the United Arab Emirates have also started buying cheap petrol from Russia, disregarding international sanctions. According to American media, countries that...

ISLAMABAD: The International Monetary Fund (IMF) Wednesday expressed confidence in reaching a staff-level agreement (SLA) soon with Pakistan as the nation faces one of...

KARACHI: All-time high price of wheat flour pushed weekly inflation up 1.80% week-on-week and 46.65% year-on-year during the seven-day period that ended on March...

ISLAMABAD: Pakistan is seeking confirmation from Saudi Arabia to secure additional deposits of $2 billion and a $950 million loan from the world Bank...

KARACHI: Ahead of the monetary policy review and delay in the International Monetary Fund deal, the rupee plunged by over Rs18 against US dollar...

Pakistan’s inflation — measured by the consumer price index (CPI) — broke all previous records and skyrocketed to 31.5% in February due to a...

KARACHI: The Pakistani rupee’s value declined sharply in the interbank market on Wednesday, with the local currency trading at Rs265 per dollar around 1pm,...