Stories from Salman Siddiqui
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Investors favour risk-free funds
Despite record returns at PSX, high interest rates drive AUM to Rs2.41tr
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Foreign firms repatriate $56.6m profits
Despite improved reserves, MNCs continue sending earnings abroad
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Pakistani rupee beats Asian peers
Declared best performing currency in region as RDA inflows surge beyond $8b
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SBP rolls out QR codes for Eid
Hopes to enable banks to access over Rs550-600b in cattle purchases via digital banking
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Forex reserves reach 10-month high
Central bank’s efforts, strong remittance inflows boost reserves to $9.15b
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Uncertainty major contributor to inflation: SBP
Says driver of inflation during ongoing episode has been fiscal policy
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Power production drops by 14%
Shift to solar, economic stress compound challenges; experts warn of energy strain
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Govt to take domestic debt to Rs5.33tr
Experts warn of unsustainability amid mounting debt crisis, shrinking revenue
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Gold hits one-month high, silver jumps
It comes after metals rise 4-5% globally on China economy hopes
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Current account surplus hits 13-month high
Workers’ remittances, tech exports propel economy; narrows CAD to $202m