The State Bank of Pakistan (SBP) has released its latest weekly report on foreign exchange reserves, revealing a decline of $34 million in the government’s reserves during
Category: Business
China holds lending rates steady amid currency and trade pressures.
China maintained its benchmark lending rates on Thursday, signaling a cautious approach to monetary stimulus as authorities focus on financial and currency stability amid renewed […]
Gold pulls back after record high as dollar gains, tariff concerns persist.
Gold prices retreated on Wednesday after hitting an all-time high, as a stronger U.S. dollar weighed on the metal, while escalating tariff threats from Donald […]
Trump approval rating dips amid economic concerns and tariff plans.
U.S. President Donald Trump’s approval rating has declined slightly as economic concerns grow, according to a recent Reuters/Ipsos poll. The survey, which concluded on Tuesday, […]
Global markets steady as investors eye rate cuts, defense spending, and earnings.
Asian markets and the U.S. dollar held steady on Tuesday as traders awaited Australia’s central bank rate decision and key corporate earnings from China. Meanwhile, […]
U.S. dollar near two-month lows as markets eye tariff concerns and rate cuts.
The U.S. dollar hovered near a two-month low on Tuesday as investors weighed trade policy uncertainty and the Federal Reserve’s approach to interest rate cuts. […]
Brent crude oil pauses after gains following Russian pipeline attack.
Brent crude oil prices remained steady in early Tuesday trading after gaining in the previous session due to a drone attack on a Russian oil […]
Goldman sachs raises 2025 gold price forecast to $3,100 amid strong central bank demand.
Goldman Sachs has revised its year-end 2025 gold price forecast to $3,100 per ounce, up from its previous estimate of $2,890, citing sustained demand from […]
World Bank Executive Directors Visit Pakistan After 20 Years: A Game-Changer for Economic Growth
A high-level delegation of nine Executive Directors from the World Bank Group is set to arrive in Pakistan on Monday, marking the first such visit in nearly two decades. The delegation will engage