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Pakistani Current Account records deficit of $662m in Dec after 5 months in surplus

The Pakistani CAB remained in surplus for five straight months but in December it bled US$1175 million to now stand in a deficit of US$662

Trade deficit soars to $5.8b for recent quarter: PBS

The Federal Bureau of Statistics released on Monday the quarterly figures of Pakistani current account status noting $5.8 billion in deficit

SBP increases monetary policy rate to 7.5 percent

KARACHI: State Bank of Pakistan on Saturday announced to increase the monetary policy by 100 basis points to 7.50 percent effective from July 16,...

SBP announces monetary policy, keeps interest rate unchanged

KARACHI: The State Bank of Pakistan on Saturday announced the monetary policy for the next two months and kept the rate of interest unchanged...

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