Stories from Salman Siddiqui
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Demand for petroleum products drops by 16.5%
Sales decreased by 22% to reach 6.15 million tonnes
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PKR best performing Asia currency
REER depreciated to 90.9, suggesting space for further appreciation
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Dar warns dollar hoarders
Stresses govt will take stern action against currency smugglers, manipulators
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SBP fines banks Rs290m
Banks penalised for violating forex, asset quality, operation regulations
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Pakistan will not default: SBP governor
Risk of default spiked to 13-year high at 52.8% earlier this week
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Pakistan receives $1.5b loan
Funding improves forex reserves to $9b, but rupee depreciates
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KAPCO seeks interim tariff
Power generation firm wants NEPRA to announce tariff for 5 years
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Can Pakistan afford the EU reverting to dirty fuel? No
It is no secret that the effects of climate change are becoming evident all around the world
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SBP provides Rs1.5 trillion to banks
Conducts OMOs to stabilise rate of return on bank financing to govt
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Fitch downgrades country’s IDR to 'CCC+'
Rating agency says it sees GDP growth to decelerate to about 2% in FY23 from 6% in FY22