Hormuz crisis could push diesel price to Rs500 per litre: Hafeez...

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Former finance minister Hafeez Pasha has warned that diesel could reach Rs500 per litre and petrol could reach Rs430 per litre if the situation...

Pakistan’s dollar reserves cross $26bn, reach highest-ever level

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Pakistan’s foreign exchange reserves have hit an all-time high. For the first time ever, the country’s total dollar reserves have crossed $26 billion. This...

SBP keeps policy rate unchanged at 11.5% amid Middle East inflation...

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Inflation rose to 11.1% in August: MPC. SBP reserves climbed to $21.4 billion: MPC. Moody’s upgraded Pakistan’s rating to B3. On Monday, the State Bank of Pakistan...

An Additional $200m was approved for FBR

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The government has approved another $200 million loan to support reforms at the Federal Board of Revenue (FBR), bringing the total amount of loans...

Govt hikes petrol price by Rs5.02, HSD by Rs5.28 per litre...

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The government on Friday increased the price of petrol by Rs5.02 per litre and that of high-speed diesel (HSD) by Rs5.28 per litre. Following the...

Pakistan’s forex reserves approach five-year high

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Pakistan’s total foreign exchange reserves have reached $23.72 billion, marking a rise that brings them near their level in five years. According to data from...