KARACHI: The foreign exchange reserves of the country increased $47 million to $20.834 billion by week ended May 6, 2016 as against $20.787 billion a week ago, the State Bank of Pakistan reported.
The SBP reserves increased by $128 million to $16.033 billion, compared to $15.905 billion in the previous week. The reserves held by the commercial banks fell by $82 million to $4.801 billion from the previous week’s level of $4.883 billion.
ISLAMABAD: In a major relief for inflation-hit consumers, the government has reduced petroleum prices, slashing petrol by Rs11.83 per litre...
ISLAMABAD: Inflation in Pakistan continues to surge amid rising tensions in the Middle East, with the weekly inflation rate increasing...
ISLAMABAD: A downward trend in gas prices has begun in Pakistan following the restoration of LPG supply from Iran. According...
KARACHI: Karachi traders and transporters have postponed a planned strike following a meeting with Sindh Governor Nehal Hashmi, who assured...
