The Consumer Price Index (CPI) based inflation increased by 7.19 percent on a year-on-year basis in January 2019 as compared to the same period last year, Pakistan Bureau of Statistics said... Read more
ISLAMABAD: The Federal Bureau of Revenue (FBR) has acquired details of 160,000 undisclosed overseas bank accounts being held by Pakistani nationals. According to sources, 4,800 accounts cont... Read more
The lead economist for the World Bank, Sanjay Kathuria on Wednesday said the current level of Pakistan’s trade with South Asia of only $23 billion per year was low against the potential of a... Read more
KARACHI: The rupee recovered against the US dollar in the interbank and open market on Wednesday. The rupee hit an intra-day high of Rs132 to the US dollar in the interbank, while on the ope... Read more
KARACHI: The US dollar continued to spike for a second day on Wednesday as it was being sold for Rs136 in the open market. General Exchange Companies Association of Pakistan Secretary Zafar... Read more
KARACHI: The US dollar soared to Rs134 in the interbank market on Tuesday. The dollar was up by Rs9.75 as market opened today as it stood at Rs124.25 when the market closed on Monday. In the... Read more
An International Monetary Fund (IMF) team which visited Pakistan recently has called for a further hike in gas and power tariffs. The IMF’s end-of-mission statement released Thursday states,... Read more
ISLAMABAD: The International Monetary Fund (IMF) has urged the government of Pakistan to bring non-filers into the tax net, sources informed on Monday. An IMF delegation held the third round... Read more
ISLAMABAD: An important meeting between the government’s top brass and a high-level Saudi delegation took place in Islamabad on Monday. Advisor to the Prime Minister on Commerce, Texti... Read more
KARACHI: The US dollar increased by 80 paisas in the open market on Saturday. The dollar was trading at around Rs127 at major exchange companies. The rate at smaller exchange companies was h... Read more