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Gold held a gain at the end of a volatile week as the Federal Reserve’s first interest-rate hike since 2023 and lower oil prices helped ease concerns about inflation.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The won’s recent weakness may be short lived as South Korea’s chip sector bolsters growth, supporting the currency’s recovery against the dollar by year-end, according to a Citigroup Inc. trader.
This came hours ahead of a central bank meeting at which an interest rate hike is widely expected.
This came hours ahead of a central bank meeting at which an interest rate hike is widely expected.
ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Thursday outlined five key priorities for Pakistan’s economy, including making macroeconomic stability permanent, shifting towards investment-, productivity- and export-led growth, pursuing structural reforms, moving from aid to trade and investment, and positioning…
ISLAMABAD: Minister of State for Finance Bilal Azhar Kayani on Thursday called for greater alignment between federal and provincial governments and devolution of resources and powers to the local level, saying development spending must translate into visible improvements in people’s lives.
KARACHI: The country’s total liquid foreign exchange reserves have risen to a five-year high of USD 26.8 billion, following the arrival of Eurobond proceeds last week. According to the State Bank of Pakistan (SBP), the central bank received USD 3 billion in Eurobond proceeds following the government’s successful auction in the…
