A man walks with bags of supplies on his shoulder to deliver them to a nearby store at a market in Karachi, June 11, 2024. — Reuters Pakistan’s Consumer Confidence Index (CCI) recorded a gain of +0.8 points, reaching its highest level in three years, according to the December Global Consumer Confidence Index (CCI) Report … Read more
A logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at its headquarters in Karachi, Pakistan, July 16, 2019. — Reuters SBP cuts policy rate to 13% in today’s meeting. The consumer price index for November stood at 4.9%. This brings total cuts to 900 basis points since June. and … Read more
A stockbroker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, July 31, 2023. — AFP The capital market experienced an up-and-down session on Friday, with the KSE-100 index surpassing the all-time mark of 115,000 points for the first time in early trading before falling back as investors … Read more
State Bank of Pakistan building in this undated image. — AFP/File The SBP has cut interest rates four times in a row since June. The CPI for November stood at 4.9%, well below the general market consensus. 71% of survey participants expect a minimum rate cut of 200 basis points by the SBP. The State … Read more