Dollar demand weakens rupee
DURING the week ended October 15, the rupee lost 15 paisa against the dollar on increased demand for...
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Unexpected policy rate hike
CONTRARY to the market expectations, the State Bank of Pakistan increased its key policy rate by 50...
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Emerging positives in the economy
Some improvements in the economy that started from the second half of fiscal year 2009 have become more...
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Lending to private sector dries
KARACHI, May 14 Governor, State Bank of Pakistan, Syed Salim Raza, said on Thursday that banks were...
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Indian airlines suffer huge losses
JUST over a year ago, India`s civil aviation sector was flying high. The industry was clocking a growth...
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