A crude oil tanker EAGLE SAN JUAN, sailing under the flag of Singapore and carrying crude oil from the US, offloads at Cnergyico’s Single Point Mooring , Pakistan’s first and only floating port, located near Hub coast in Balochistan, Pakistan, March 18, 2026.Trump tells aides he is willing…
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SBP raises policy rate by 100bps to 11.5% as inflation risks mount
An undated image of the State Bank of Pakistan building in Karachi. — AFP
The State Bank of Pakistan raised its benchmark policy rate by 100 basis points to 11.5% on Monday, opting for cautious tightening as oil price volatility and renewed inflation risks clouded the…
PSX gains as oil stabilises, earnings season comes into focus
Brokers are busy in trading at Pakistan Stock Exchange in Karachi on Friday, April 4, 2025. — PPIKSE-100 Index closed at 178,123.56, up 2,837.78 points, or 1.62%.Index hit intraday high of 178,431.73, up 3,145.95 points, or 1.79%.Index hit a low of 175,672.33, still up 386.55 points,…
Govt raises $16.2 billion in external financing, misses FY26 target
A trader counts US dollar banknotes at a currency exchange booth in Peshawar, Pakistan January 25, 2023. — ReutersIMF provided $420m under climate finance facility. Saudi Arabia placed a $3bn time deposit with Pakistan. Foreign economic assistance inflow stood at…