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State bank of Pakistan hikes policy rates by 25 bps

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In a major policy shift, the State Bank of Pakistan (SBP) on Monday announced its decision to revise up the benchmark interest rate by...

Rupee loses 53 paisas against dollar on first trading day of week

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The Pak rupee remained under pressure on the first day of the trading week on Monday for being high in demand due to imports. The...
FIA serves notice to Mansha over Sharif’s Rs 25b scam - The Correspondent

FIA serves notice to Mansha over Sharif’s alleged Rs 25b scam

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The Federal Investigation Agency has served a legal notice to the MCB Bank Limited, advising the bank to cooperate with the FIA investigation over...

FBR reduces sales tax on high-speed diesel

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The Federal Board of Revenue (FBR) on Monday revised and slashed the sales tax rates on high-speed diesel. According to an SRO issued by the...
PRF-backs-FATF-regulations-the-correspondent-pk

PRF backs FATF regulations

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The Pakistan Realtor Federation (PRF) expressed its full support for the government to impose regulation as suggested in the Financial Action Task Force guidelines...
Bitcoin jumps to $48,505 as cryptos remain bullish

Bitcoin jumps to $48,505, ETH, XRP, ADA price rallies

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The cryptocurrency market has kept its upward surge on Saturday as the price of the largest cryptocurrency, bitcoin (BTC) gained 2.38 percent to reach...

SBP launches gender quality initiative

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The State Bank of Pakistan has launched a gender mainstreaming policy titled “Banking on Equality: Reducing the Gender Gap in Financial Inclusion”. In a...

Pakistan imports goods worth $6.59bn in August

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Pakistan imported goods worth $6.59 billion in August with major contributions were associated with petroleum products, machinery, food commodities and agriculture products. With a contribution...
Textile exports see 45% YoY increase - The Correspondent

Textile exports see 45% YoY increase

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The total export of textile products witnessed an upsurge of 45.2% year-on-year (YoY) to clock in at $1.46 billion during August 2021. When compared...

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