Active pump jacks increase pressure to draw oil toward the surface at the South Belridge Oil Field on February 26, 2022, — AFPPrices at three-month lows, but above pre-war levels.Some analysts expect Hormuz flows to resume in several weeks.US is using an Iranian smuggling…
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Prime Minister Shehbaz Sharif and Crown Prince Mohammed bin Salman during the former’s visit to Saudi Arabia, April 15, 2026. — X@PakPMOSaudi Arabia extends existing maturity of $5 billion deposit.Riyadh announced financial support on royal directives: SPA.Reaffirms commitment to…
SBP likely to hold rate at 11% as IMF flags inflation risks
A logo of the State Bank of Pakistan is pictured on a reception desk at the head office in Karachi, July 16, 2019. — ReutersAnalysts push first cut to late FY26 or FY27.IMF urges “tight, data-dependent” stance amid inflation risks.Rupee, external pressures limit room to ease.<p…
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PSX extends losses amid IMF delay, widening trade gap
Brokers are busy in trading at Pakistan Stock Exchange in Karachi on Wednesday, June 4, 2025. — PPIKSE-100 Index closed at 158,443.42 points, down 4,654.77 points, or -2.85%.Session low was recorded at 158,067.92, decline of 5,030.27 points, or -3.08%.Index recorded an intraday high…