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Remittances rise 13.4pc to $2.4bn in Dec on currency stability

KARACHI: The remittances from overseas workers rose 13.4 percent to $2.4 billion in December, the central bank data showed on Wednesday, as a stable currency and signs of economic recovery boosted. ....

United Kingdom , Saudi Arabia , Mohammed Sohail , Samiullah Tariq , Topline Securities , Kuwait Investment Company , Asian Development Bank , International Monetary Fund , World Bank , International Monetary , State Bank , Pak Kuwait Investment , Taurus Securities ,

Govt doubles bank borrowing to Rs2.9 trillion in six months amid debt, inflation

KARACHI: The government more than doubled its borrowing from banks in the first half of the current fiscal year, as it struggled to cope with rising debt payments and inflationary pressures, central. ....

Asian Development Bank , International Monetary Fund , World Bank , State Bank , Asian Development , Pakistan Investment Bonds , Federal Board , Taurus Securities ,

SBP's reserves drop to $6.904bn, but outlook improves on IMF loan

KARACHI: The foreign exchange reserves held by the central bank fell by $136 million to $6.904 billion in the week ending Dec. 15, the State Bank of Pakistan said on Thursday, as it paid off some. ....

Saudi Arabia , United Arab Emirates , Asian Development Bank , International Monetary Fund , World Bank , State Bank , United Arab , Asian Development , Taurus Securities ,