Stories from Usman Hanif
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Electricity focus hurts balance
Minister says RLNG ignored by power producers while circular debt, diesel smuggling both rise
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Inflation risks mount despite macro stability
Finance ministry economic report flags inflation spike; FX rise by $70m to $16.6b
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Gold rises Rs1,400 as global market recovers
Safe-haven bounces back in range-bound trade to Rs349,300/tola amid international bargain buying
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SBP buys record $223m
Total FX interventions hit $5.3b in FY25 while rupee weakens to 282.17; bond auctions draw interest
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CPEC key to unlocking vast mining sector potential
The summit concluded with a call for deeper Sino-Pakistan collaboration
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OPEC+ oil output rise may aid Pakistan
Coalition expected to hike oil production by 411,000 bpd, saving country $2.3b on imports
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SBP injects record Rs12.82 trillion
Indirectly finances fiscal deficit amid IMF restrictions; gold rises to Rs351,000/tola on tariff fears
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Rupee at 17-month low on imports
Falls to 282.06/$, weakest since Dec 2023; FX reserves hit $16.65b
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Power generation hits 4-year high in April
Electricity output surges 22% YoY, 25% MoM but FCA turns positive after 10 months
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Gold inches up over global rally
Bullion records increase of meagre Rs300; rupee down 15 paisa to 281.92/$