FeaturedWhy has hundi been a part of Pakistan’s financial system for so long, and can anything be done about it?
The informal method of transferring money has existed for centuries, but is outlawed in many countries, including Pakistan, India and Bangladesh
Nov 26, 2023
FeaturedWhat is happening to EMIs?
Almost half of the entities that were in the running for or had recieved an EMI licence have withdrawn. What does it mean for the sector, and is truly it all doom and gloom?
Nov 18, 2023
HeadlinesHere’s why Pakistani bank account holders cannot donate to the Palestine embassy’s accounts
Bank Alfalah finds itself at the centre of a boycott campaign, that too for doing the right thing.
Nov 11, 2023
HeadlinesRemittances reach 7-month high of nearly $2.5bn in October
Analysts attribute improvement to crackdown on illegal foreign exchange trading
Nov 10, 2023
EconomyNo surprise: SBP maintains policy rate at 22%, in line with market expectations
SBP Governor Jameel Ahmad says the MPC believes the current stance is “aggressive and tight” and should continue
Oct 30, 2023
EconomyCurrency in circulation has declined sharply in 2023’s third quarter. What’s behind the unusual drop?
Currency in circulation decreased by 9% QoQ, which according to JS Global Capital is a pace not witnessed in many decades
Oct 27, 2023
EconomyGovt raises Rs1.1tr in short-term debt as T-bill yields decline slightly
Oct 19, 2023
EconomyRupee sees marginal decline after nearly a month of consistent appreciation
The rupee fell by 20 paise in the interbank market. Will it become a downtrend?
Oct 17, 2023
HeadlinesSeptember remittances improve slightly but lower than expected
Oct 11, 2023
Headlines‘Official’ gold rates have finally been released again. What took so long?
The development follows weeks of uncertainty, a crackdown, and people’s reluctance to buy or sell the precious commodity amid rupee appreciation
Oct 10, 2023
HeadlinesWill Bank of Punjab’s lucrative offer be enough to attract dollars back into the banking system?
BoP is offering returns of up to 9% per annum on dollar term deposits, which are the same offered to those investing in Naya Pakistan Certificates.
Oct 6, 2023
EconomyGovt raises Rs 557bn in short-term debt against target of Rs 600bn
Cut-off yields for the three-month, six-month and 12-month T-bills stood at 22.5%, 22.85%, and 22.84%, respectively.
Oct 5, 2023