Current Account

KARACHI: The rupee / dollar parity is likely to face further pressure on the current account deficit to balloon next week. The local currency had already hit an all-time low dur...

The Pakistani rupee was almost stable against the US dollar in the interbank on Friday and lost only one paisa (-0.01%). According to the State Bank of Pakistan, the US dollar opened at Rs 168.18 and closed at ...

KARACHI: Pakistan's current account (CAD) deficit widened to $ 1.5 billion in August 2021, from $ 0.8 billion in July, data released by the State Bank of China showed on Friday. Pakistan (SBP). "The recent ri...

A wide range of banks, like Santander, offer new customers financial incentives to switch to their checking account products. During Mr Lewis's on-air appearance earlier today, savers called and sent their que...

State Bank of Pakistan. Photo: file Inflation and the current account situation seem manageable, according to an analyst.Analysts believe monetary policy will be tightened after January 2022.SBP woul...

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(FILE) Philippine Red Cross Senator and President Richard Gordon is leading the launch of the Saliva Reverse Transcription Polymerase Chain Reaction Pilot Test held at the headquarters of the Logistics and Mu...

Yesterday (Tuesday August 31), the street giant M&S ​​definitively closed one of its services. Marks and Spencer has now closed all of its current accounts for all existing bank customers. It comes after M...

If current market conditions haven't dissuaded you from owning a home, financial planners have a few tips. Get ready for a lon...

ECONOMYNEXT - Sri Lanka's central bank ordered a 5.0% cap on foreign currency deposits in a bid to narrow the gap between rupee and dollar yields, according to an ordinance under the countr...