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Gold ends five-session rally
Rupee drops 10 paisa to Rs278.68/$; rising bond yields globally dampen investor interest in gold
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RDA hits $9.34b milestone
By Dec 2024, $1,700m repatriated, $5,911m utilised locally; net repatriable liability is $1,730m
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Remittances surge to record $3.1b
Govt policies, market stabilisation drive 29% annual increase in December
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Inflation projected to hit nine-year low in January
Analysts anticipate policy rate cut as CPI slows to 3.06% on favourable base effect, PKR stability, and subdued food
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SBP raises Rs584b via T-bills, Sukuk
Yields hit multi-year lows; gold prices hit Rs277,000/tola on global trends, rupee edges down
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Gold rebounds as global prices surge
Price rises by Rs1,000 to reach Rs276,000/tola; rupee weakens by 0.02%, closing at 278.67/$
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Gold prices continue to slide
Rupee drops to Rs278.62/$, SBP interventions criticised by experts
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Short-term inflation drops 0.26%
Tomatoes, potatoes lead fall in SPI reading; chicken, onions see price surge
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SBP's foreign reserves fall $143m to $11.7b
Rupee loses 9 paisa, reaches 278.64 against US dollar
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OMC sales fall 19% MoM in December
Sales, however, climb 4% in 1HFY25 owing to crackdown on smuggled fuel