Articles by Shahid Iqbal
KARACHI: Despite the war in the Gulf region, Pakistani workers continued to leave for jobs in countries directly affected by the conflict, particularly during March.
Official data showed that during J...
KARACHI: The grounds for an increase in the policy rate have largely disappeared ahead of the State Bank of PakistanтАЩs (SBP) upcoming monetary policy announcement, as global oil prices have either r...
WorkersтАЩ remittances were recorded at to $4.3 billion in May, registering growth on both a monthly and annual basis, according to data released by the State Bank of Pakistan (SBP) on Wednesday.
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KARACHI: The government is considering relaxing the remittance cap in the upcoming budget as overseas Pakistanis in several countries face difficulties in protecting their investments and liquid asset...
KARACHI: The foreign exchange reserves of the State Bank are inching close to the target of $18 billion for current fiscal year (FY26), but a widening trade deficit threatens to erase the growth in re...
KARACHI: Repres┬нentatives of exporters are confident that a proposal under consideration in Washington to impose 10 per cent additional duties on imports would not hurt PakistanтАЩs exports.
The US T...
KARACHI: The war in the region has almost wiped out foreign investment in PakistanтАЩs domestic bonds, leaving little chance of recovery if the current situation prevails, said financial experts.
The ...
KARACHI: It appears that the financial market is certain that the interest rate is bound to see a rise in the next monetary policy scheduled for Monday.
At the same time, most experts believed that it...
тАв Jameel Ahmad says macroeconomic indicators improved faster than expected at start of fiscal yearтАв Claims prudent monetary, fiscal policies stabilised inflation, strengthened buffers
KARACHI: Sta...
KARACHI. The State Bank of Pakistan (SBP) said on Saturday that the government had paid $2 billion to the United Arab Emirates (UAE).
Earlier this month, a senior Pakistani official said Abu Dhabi had...