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Economy Watch
Pakistan, China sign accord to build $3.48b nuclear power plant at Chashma
ISLAMABAD – Pakistan and China signed a memorandum of understanding (MoU) in Islamabad on Tuesday…
UK’s Developing Countries Trading Scheme to boost trade with Pakistan
The United Kingdom’s new Developing Countries Trading Scheme (DCTS) has now entered into effect, offering…
Pakistani rupee falls to all-time low of 188.66 against dollar
Karachi: The Pakistani rupee fell to its all-time low of 188.66 compared to the US…
China’s exports in April shrink due to COVID restrictions
Beijing: China’s export growth slowed to single digits in April, while imports were unchanged as…
Federal Shariat Court declares interest-based banking system contrary to Sharia
Islamabad: In a major development, the Federal Shariat Court (FSC), on Thursday, declared the interest-based…
Pakistani Rupee gains momentum after SC verdict
Islamabad: Following the verdict of the supreme court to restore the national assembly on Thursday,…
State Bank of Pakistan announces new monetary policy; increase interest rate by 2.5%
Karachi: In a major development, the State Bank of Pakistan set the monetary policy at…
Rupee depreciates to historic low; dollar crosses 188 mark
Islamabad: Amid the political crises in the country, the Pakistani Rupee fell to a historic…
Putin plans to bill gas export in Rubles
Moscow: Russia has come up with an interesting trick to counter the severity of sanctions…
Danger to petrodollar hegemony? Saudi Arabia ponders selling oil to China in Yuan, report says
Islamabad: The petrodollar hegemony might be in danger as the top oil producer in the…
