KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Tuesday, July 27, 2021, at the SBP Karachi to decide about the monetary policy, a statement said. State Bank of Pakistan Governor Dr Reza Baqir will address a press conference on the same day after the meeting, it added. Meanwhile, … Read more
KARACHI: Mounting current account deficit may pose a challenge to the rupee stability in the coming days, despite record inflows of export receipts and workers’ remittances. The local unit depreciated mercilessly against the dollar during the last couple of weeks. The local currency lost around Rs4.78 against the greenback during the first 23 days of … Read more
KARACHI: The financial market participants are expecting no change in the key policy rate in the upcoming monetary policy statement, scheduled for July 27, 2021. In this regard, Topline Research conducted a poll of key financial market participants on the expectations over the monetary policy statement. A total of 62 participants took part in the … Read more
KARACHI: Pakistan’s oil sales have increased 18 per cent Year-on-Year (YoY) in the fiscal year 2020/21 to 19.4 million tonnes, showing a sharp recovery, compared with the last year, which witnessed a decline of 12 per cent YoY due to the Covid-19-linked lockdowns. According to a report of Topline Research, motor spirit sales reached an … Read more
