The Governor of SBP, Jameel Ahmed, is addressed to the media on January 27, 2025. – Screengrab via Geo News The central bank has reduced interest rates since June 2024. Inflation should go further in January before going up. Pakistan economy increased by 0.92% in the first quarter of the fiscal year. The Pakistan State … Read more
The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, January 1, 2025. — PPI The intraday high saw the KSE-100 index peak at 115,773.39. The closing level recorded a decline to 114,495.70 points. The KSE-100 index fell 308.46 points, or -0.27%. The capital market ended in the red on Tuesday, … Read more
A customer buys rice at a wholesale store in Karachi, June 8, 2023. — AFP The drop represents the lowest inflation rate since October 2014. Experts attribute much of the decline in inflation to a high base effect. The sensitive price indicator shows a decline of 0.65% compared to the previous week. Inflation in Pakistan … Read more
View of K-Electric headquarters, with solar panels in the parking lot, in Karachi, January 24, 2023. — Reuters The government suggests lowering the base tariff of KE to Rs 34.87 per unit. Proposes to adjust the depreciation rates of the supplier’s assets. Objections raised on electricity supplier’s working capital. ISLAMABAD: The government has opposed K-Electric’s … Read more