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KARACHI: The International Monetary Fund (IMF) is likely to convene its board meeting by December 2025 to approve the release of the next $1.2 billion tranche for Pakistan. State Bank of Pakistan (SBP) Governor Jameel Ahmed stated that the country has successfully met all performance criteria under the IMF program,
In the inter-bank market, the Pakistani rupee traded within a narrow range against the US dollar during the week. The bid rate opened at Rs. 281.10 and closed at Rs. 281.02, while the offer rate opened at Rs. 281.30 and settled at Rs. 281.21 by the end of the week.
KARACHI: The Pakistan Stock Exchange (PSX) closed the week on a muted note, as early gains driven by easing geopolitical tensions were offset by profit-taking, disappointing quarterly results from the banking sector, and investor caution ahead of the futures rollover week. Read More: https://epaper.brecorder.com/2025/10/27/8-page/1071967-news.html
ISLAMABAD: The government has fixed the power tariff for industrial and agricultural consumers at Rs22.98/kWh on an incremental basis. The Power Division said the move is part of Prime Minister Shehbaz Sharif’s “Roshan Maeeshat Electricity Package” to boost national industry and agriculture. Read More: https://epaper.brecorder.com/2025/10/24/1-page/1071514-news.html
