Tue, 21-Oct-2025

Foreign direct investment increases 6% in eight months

Foreign direct

KARACHI: The total foreign direct investment (FDI) into Pakistan has posted an increase of 6.1 per cent to $1.26 billion during the first eight months (July–February) of fiscal year 2021/22, the State Bank of Pakistan (SBP) said on Friday. The flow of FDI was $1.19 billion in the corresponding period of the last fiscal year. … Read more

Rupee continues to recover against dollar

Rupee

KARACHI: The rupee continued its sharp recovery against the dollar and made a gain of Rs1.04 on Friday. The exchange rate ended at Rs174.48 against the greenback from the previous day’s closing of Rs175.52 in the interbank foreign exchange market. The rupee maintained gaining momentum for the last eight consecutive days since reaching Rs176.98 on … Read more