Foreign investors withdrew a net $ 135.5 million from the Pakistani Treasury bills as of March 14, 2025, driven by a significant decrease in interest rates and early signs of a decrease in the value of rupees, according to state bank data in Pakistan (SBP). The external flow reflects a shift in the feelings of … Read more
Canada Bank reduced the main policy rate by 25 basis points to 2.75 % on Wednesday, cautiously of the economic risks of the US tariff. The central bank said it will continue with caution with more prices because it balances inflation pressure from high costs against poor demand. The seventh consecutive rate of mitigation in … Read more
When I met Emma Maki Vicky Krebis, she could only shatter. The two actors play in favor of Love Mestaits Sofia and Ingrid at “Hot Milk”, the first appearance of Rebecca Lincievich, which is first shown at the Berlin Film Festival on Friday, and the first scene that they also photographed the first time they … Read more
Foreign investors withdrew 149.5 million dollars from the Treasury in the market in January 2025, while the new investments amounted to 117.1 million dollars, which led to a net flow of 32.4 million dollars, according to the data issued by the State Bank in Pakistan (SBP) . For the current fiscal year (July 1, 2024-24 … Read more
Farzana Mansour Dubai (United Arab Emirates): Extreme Hangout Dubai, in cooperation with Earth Warrors and the Pakistani Youth Forum, gathered climate defenders, change makers and society to highlight the importance of climate work and enhance sustainable solutions during an event held at the Pakistani Association in Dubai (pillow).The event started with a symbolic ceremony for … Read more
Prime Minister Shehbaz Sharif on Tuesday stressed the need for further cuts in Pakistan’s interest rate, indicating that it could be cut by an additional 8 percentage points despite the recent cut to 13%. “I would like the interest rate to be reduced again to 6%,” he said while addressing a ceremony held at the … Read more
Hon Hai Precision Industry Co, the Taiwan-based iPhone maker known as Foxconn, has decided to suspend its interest in pursuing Nissan Motor Co, while the Japanese automaker is in negotiations over a potential merger with Honda Motor Co. Someone familiar with the matter. The pause comes after Foxconn sent a delegation to meet Renault SA … Read more
Auto financing in Pakistan fell to PKR 234.64 billion in November 2024, registering a decline of 0.53% month-on-month from PKR 235.88 billion recorded in October 2024, according to data released by the State Bank of Pakistan (SBP). On a yearly basis, the decline was more pronounced, with funding declining by 8.72% compared to PKR 257.05 … Read more
State Bank of Pakistan (SBP) Governor Jamil Ahmad announced that a drop in the key interest rate to 13% will save the government Rs1.5 trillion in interest payments during the current fiscal year (FY25). Speaking to a private news channel, the Governor of the State Bank of Pakistan said that this saving will support the … Read more
IslamabadState Bank of Pakistan Governor Jamil Ahmed expects a temporary rise in inflation over the next three to four months, after a period of relief brought about by policy measures. Speaking on a television program on Monday, Ahmed attributed the expected rise to the “end of fundamental effects” and other upcoming factors. The governor stressed … Read more