Stories by Fayaz Hussain
Inflows from GCC countries account for over 58pc of total amount in December.
Updated 09 Jan, 2021 07:19am
The prices of perishable food items declined by 0.6pc, while those of the transport sector fell 3.5pc.
Published 01 Jan, 2021 02:31pm
According to the State Bank of Pakistan, foreign exchange reserves are now at their highest level in three years.
Updated 22 Dec, 2020 02:39pm
Outflows from the power and communication sectors stood at $83.2m and $23.7m respectively.
Updated 17 Dec, 2020 09:39am
"At a time when global economy is in deep recession, the industry is driving economic growth & recovery in Pakistan," says Hammad.
Published 15 Dec, 2020 02:22pm
Commercial banks, cement and oil & gas marketing companies were the top losers during intra-day trade.
Updated 23 Nov, 2020 08:39pm
In its meeting, MPC has noted that "domestic recovery has gradually gained traction".
Updated 23 Nov, 2020 06:53pm
"The surplus came on the back of a sustained increase in remittances and smaller trade deficit," the SBP says.
Updated 19 Nov, 2020 07:38pm
The rupee fell by Rs1.52, or 1 per cent, in the interbank market to close at Rs159.83 against the dollar.
Updated 19 Nov, 2020 09:31am
Dollar cost Rs159.83 by the end of Wednesday's session, according to State Bank data.
Updated 19 Nov, 2020 12:59am
During the last month, China invested $228.7m in the country, data from the State Bank of Pakistan shows.
Updated 16 Nov, 2020 03:29pm
Investor sentiments weighed down by coronavirus situation despite strength of rupee, improvement in remittances.
Updated 13 Nov, 2020 06:57am
During the four months from July to October, remittances clocked in at $9.4bn, up 26.5pc over the same period last year.
Updated 12 Nov, 2020 05:38pm
Bloomberg data shows Pakistani rupee is the third best performing currency in Asia, having appreciated 3.1pc since Oct 1.
Updated 19 Nov, 2020 02:03pm
Data shows that Pakistan’s annual cotton production has fallen from 11.9m bales in FY18 to 9.17m bales in FY20.
Updated 04 Nov, 2020 09:23am
Rise in remittances, quarterly current account surplus and deferment of debt servicing by G20 have all led to appreciation of PKR.
Updated 03 Nov, 2020 06:13pm
Investors buying into decline expecting to book gains as stocks gain momentum, implying market oversold yesterday, says analyst.
Updated 03 Nov, 2020 11:45pm
Shares at PSX follow global trend on the back of uncertainty from rising cases, falling oil prices & likely impact of US polls.
Updated 03 Nov, 2020 10:07am
Benchmark KSE-100 mimics global markets, sheds over 1,900 points after govt curtails commercial, social activities in 11 cities.
Updated 29 Oct, 2020 06:22pm
Hammad Azhar says stock market rally along with other factors points towards a "positive economic sentiment" in the country.
Updated 26 Oct, 2020 08:17pm
