Foreign exchange reserves increase to $18.271 billion

KARACHI: The liquid foreign exchange of the country increased by $148 million to $18.271 billion by week ended January 17, 2020, the State Bank of Pakistan (SBP) said on Thursday. Read more »

Stock market ends down by 54 points in selling activities

KARACHI: The stock market declined by 54 points on Thursday amid selling pressure in various scrips. Read more »

Rupee depreciates by 9 paisas on import payment demand

KARACHI: The Pak Rupee depreciated by nine paisas on Wednesday owing to demand for import and corporate payments. Read more »

Atlas Honda reports 73% decline in after tax profit

KARACHI: The manufacturer of Honda Cars in Pakistan has reported 73 percent decline in profit for the period (April-December) 2019. Read more »

Policy rate likely unchanged on high inflation

KARACHI: The State Bank of Pakistan (SBP) likely to keep policy rate unchanged due recent surge in inflation, analysts said on Thursday. Read more »

CNIC condition on purchases above Rs50,000 to apply from Feb 01

ISLAMABAD: The mandatory requirement of Computerized National Identity Card (CNIC) on purchases of above Rs50,000 to apply from February 01, 2020. Read more »

Sindh governor visits USC outlets to check availability of essential items

KARACHI: Sindh Governor Imran Ismail on Wednesday paid surprise visit to outlets of Utility Stores Corporation (USC) to check the availability of essential items under Prime Minister Relief Package. Read more »

Committee constituted to probe wheat crisis

KARACHI: Prime Minister Imran Khan has constituted a high-level committee to probe wheat / flour crisis and fix responsibility. Read more »