Business

Prices rebounded by 50%-60% in 2021

Digital assets started year with stampede of cash from investors

Central bank gives no reason behind the decrease

Distillate stockpiles fell by 1.7 million barrels in the week

The lira surged last week after billions of dollars worth of state-backed market interventions

Says both sides can cooperate in construction, tourism sectors

Demand for the dollar is higher compared to its supply

Directs provincial authorities to control commodity’s rates in markets

Facilities to bring Islamic banking institutions at par with conventional counterparts

PM calls for empowering provinces to check unbridled surge in housing projects

Despite meeting targets, country continues to import commodities

Out of total fishery exports, 60% are destined for China

NEPRA asked to allow price increase on account of fuel cost adjustment for Nov

Alvi calls for higher participation of women in business activities

Benchmark KSE-100 index gains 216.37 points to settle at 44,260.11

Losses gather pace after little reaction to central bank’s 2022 policy document

Prices underpinned by force majeure declared by Ecuador, Libya and Nigeria on their oil production

Expansion will enable it to process up to 100,000 barrels of oil per day

Three oil producers declared force majeures this month on part of their oil production

Despite last week’s rebound, it has lost 37% of its value against the US currency so far this year

Demand for the dollar is higher compared to its supply in the wake of an expanding current account deficit

Appointment will enable board to consider, approve SECP’s budget

Says it will generate jobs, improve regional exports

Says urban economy growing at rapid pace

Reveal discrepancy between FBR’s system and Export Policy Order

Cabinet members discuss issue that will ensure efficiency, slash losses and theft

Expats have invested $2.9b; $2b more expected by end of FY22

Appointment will enable board to consider, approve SECP’s annual budget

Benchmark KSE-100 index adds 130.3 points to settle at 44,043.74

Worries about country’s monetary policy weigh on sentiment

Will remove Waqar Masood from Monetary and Fiscal Policies Board, abolish board later

Finance ministry says it will be slightly less than previous month’s reading

Dollar reaches historic high of Rs181.20 in open market

Initiative to accelerate trade with Afghanistan, Central Asian states

Demand for the dollar stood higher

Promises assistance in promotion of trade with Madrid

Minister says govt making efforts to facilitate freelancers

Cabinet body cites court decisions that say contract workers have no right to be regularised

Offtake of other kinds of fertiliser surges

Sector gets boost from RDAs, amnesty schemes, low finance cost

Govt decision comes as industry agrees to pay higher price, allows energy audit

Last week’s rally brought the currency back to mid-November levels

Benchmark KSE-100 index sheds 204.95 points to settle at 43,913.44

Losses capped by hopes Omicron variant will have limited impact on global demand

Hydrogen, Thar coal may help develop viable solution for mill’s revival

High inflation, high unemployment, energy crunch hallmarks of difficult year

Export statistics increase to some extent, still exportable surplus is low

With low literacy and on-job training, country performs poorly in innovation

Deficit will become more alarming if foreign currency reserves take major hit

The S&P 500 closed down 2.3% on November 26 after the variant was discovered, on fears of fresh economic lockdowns