Textile exports fall to $2.28bn in July-August

KARACHI: Textile exports have fallen by one percent to $2.28 billion during first two months of current fiscal year as compared with $2.3 billion in the corresponding period of the last fiscal... Read more »

Foreign direct investment surges by 40 percent in two months

KARACHI: The net inflow of foreign direct investment (FDI) has surged by 40 percent during the first two months of the current fiscal year, according to data released by State Bank of... Read more »

Foreign exchange reserves remain flat at $19.959 billion

KARACHI: The liquid foreign exchange reserves of the country were remained flat at $19.959 billion by week ended on September 11, 2020, State Bank of Pakistan (SBP) said on Thursday. The foreign... Read more »

Cabinet allows export of all PPE items

ISLAMABAD: The federal cabinet in its meeting held on Tuesday allowed export of all Personal Protective Equipment (PPE) items. The cabinet approved to lift the ban on export of Tyvek Suits and... Read more »

Foreign exchange reserves increase to $19.961 billion

KARACHI: The country’s foreign exchange reserves increased by $118 million to $19.961 billion by week ended September 4, 2020, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of... Read more »

Rules notified for issuance of Naya Pakistan Certificates for overseas, resident Pakistanis

ISLAMABAD: The ministry of finance has notified rules for issuance of Naya Pakistan Certificates (NPC) at for overseas Pakistanis at an attractive rate of return against dollar denomination bills. According to the... Read more »

Trade deficit narrows by 8.32 percent in July – August

ISLAMABAD: The trade deficit of the country has narrowed by 8.32 percent in the first two months of the current fiscal year owing to decline in import bill during the period under... Read more »

Exports decline by 19.5 percent as rains, urban flooding disrupt supply chain

ISLAMABAD: The exports have registered 19.5 percent decline in August 2020 owing to torrential rains and significant urban flooding in Karachi. The exports for the month of August 2020, have recorded a... Read more »

Foreign exchange reserves increase to $19.84 billion

KARACHI: The liquid foreign exchange of the country has increased by $121 million to $19.843 billion by week ended August 28, 2020, State Bank of Pakistan (SBP) said on Thursday. The foreign... Read more »

Headline inflation increases by 8.2pc in August

ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 8.2 percent on Year on Year (YoY) basis in August 2020 as compared to an increase in 9.3 percent in... Read more »