Stories from Salman Siddiqui
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Gold's meteoric rise
De-dollarisation pushes investors to flock to gold amid global economic uncertainty, geopolitical shifts
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PSX raises Rs835b for govt, corporates
Emerges as an alternate to traditional banks; lists five IPOs in 2024
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SPI inflation hits eight-week high
Hike in food prices may force SBP to make moderate cut in policy rate
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Lending to private sector drops to 39.3%
Banks risk facing extra taxes as ADR falls six percentage points, well below mandatory level of 50%
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Power generation drops 6.4%
Declines to 12,487 GWh as energy mix changes, demand weakens
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Second straight C/A surplus recorded
Strong remittances and rising exports, including IT, drive $119m surplus
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Raast payments hit Rs1tr in 16 days
Major driver of volumetric growth was P2P module launched in 2022
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Cross-border payments go live
SBP integrates Raast with Arab Monetary Fund's Buna; will enable e-wallet payments to China
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SBP projects 2.5%-3.5% GDP growth in FY25
Warns of agricultural slowdown, global energy price risks
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SBP reserves rise above $11b after 2-1/2 years
Weekly update shows increase of $215m in forex deposits