Islamabad [Pakistan], October 30 (ANI): Bearing the cost of failure of the ruling governments in Pakistan, the country has had to pay over Rs 26 billion in interest cost to China to repay a maturing debt in the fiscal year 2020-21, reported a local media.
Islamabad [Pakistan], October 27 (ANI): Pakistan rupee is continuously falling against the US dollar, with the latter surging to the Rs 175 mark in the interbank currency market on Tuesday, local media reported.
Islamabad [Pakistan], October 23 (ANI): The Pakistani government and the International Monetary Fund (IMF) have not finalised the Memorandum of Economic and Financial Policies (MEFP) for the completion of the Sixth Review under the USD 6 billion Extended Fund Facility (EFF), reported local m
Islamabad [Pakistan], October 22 (ANI): The Pakistani rupee continued record drop against the US dollar and fell to Rs 173.96 against USD during intra-day trading on Friday.
Islamabad [Pakistan], September 15 (ANI): The State Bank of Pakistan (SBP) has injected nearly USD1.2 billion into the inter-bank market in three months to defend the weakening rupee, local media reported on Wednesday.
Karachi [Pakistan], September 10 (ANI): Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.
Islamabad [Pakistan], September 3 (ANI): As Pakistan's financial debt continues to mount, the country's total debt rose to Rs.149 trillion during three years under Imran Khan-led-Pakistan Tehreek-i-Insaf (PTI) government, according to an annual report released by the State Bank of Pakistan,
Islamabad [Pakistan], August 4 (ANI): Owing to the outbreak of the COVID-19 pandemic, Pakistan's net Foreign Direct Investment (FDI) has been decreased by 28.9 percent in the financial year 2021, as well as its trade deficit widened by 81.4 per cent.
Islamabad [Pakistan], May 24 (ANI): As Pakistan's financial debt continues to mount, the country's total debt and liabilities rose to Rs 45.470 trillion at the end of March 2021, an increase of Rs 2.666 trillion or 6.2 percent a year earlier, according to data from the State Bank of Pakistan
Islamabad [Pakistan], November 29 (ANI): Foreign investors have pulled out USD 471.7 million from Pakistan's debt market in the past five months due to lower interest rate and a fresh wave of coronavirus in the country, according to data from the State Bank of Pakistan (SBP).
Islamabad [Pakistan], June 30 (ANI): In what comes as a relief to cash-strapped Pakistan, Qatar has deposited the first tranche of USD 500 million in the State Bank of Pakistan.