Stories from Usman Hanif
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Lending to govt hits record high
IDR reaches 103%, even exceeding bank deposits, starving private sector
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Rupee slides further on imports, SBP dollar buying
Globally, silver hits 13-year high; local rate stands at Rs4,087/tola
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State Bank injects Rs1.7tr via dual OMOs
Gold reaches Rs357,000/tola as global prices surge; PKR appreciates 10 paisa vs dollar
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Banks' profits to drop 14% QoQ
Earnings likely dip in 2QCY25 despite deposit surge to Rs35 trillion
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Remittances hit record $38.3b
Economic migration spurs record inflows; June remittances slip 8% MoM
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Gold rises despite global decline
Jumps Rs1,500/tola; exchange firm exits market amid tightening regulations
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Bourse eyes over 27% return in FY26
Despite rally forecast, market faces external, fiscal challenges
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Local mobile production up, sales down
High base effect, longer replacement cycles, and inflation push demand down by 8%
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SPI rises 0.73% on food, fuel surge
Sugar, milk, beef up but tomato, onion, wheat flour lead YoY price decline
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Foreign exchange reserves near $20b
SBP holdings jump 54.5% YoY to $14.51b amid fresh inflows









