Stories from Usman Hanif
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Weekly inflation eases 0.35%
SPI drops 1.20% compared to last year, driven by relief in food prices
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SBP injects Rs2.1tr via OMOs
After record high, gold dips by Rs2,000 while rupee drops 3 paisa
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SBP reserves rise $49m
Gold hits new record at Rs320,800/tola; savings scheme rates also go up
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Gold rush continues, hits Rs319,000
Surges by Rs1,650; SBP raises Rs1.3tr as rupee gains 6 paisa to 280.21/$
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Gold continues upward flight to Rs317,350/tola
Hits single-day rise of Rs2,550; rupee loses 10 paisa; RDA inflows near $9.8b by Feb'25
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Current account deficit at $12m in Feb
Turnaround driven by strong remittance inflows of $3.1b
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Top-listed firms paid Rs1.22tr in taxes in 2024
KSE-100 companies contributions rise 2.2% in CY24 accounting for nearly quarter direct tax collection
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Gold skyrockets to Rs314,000/ tola
Prices hit historic peak at $3,000/ounce on trade tensions, geopolitical unrest
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OMCs see 39% YoY profit surge
Despite 11% fall in sales, lower finance costs and taxes drive earnings growth
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Moody's upgrades banking outlook
Elevates from stable to positive and forecasts 3% GDP growth; debt risks remain