Business
Pakistan banks cash in on dollar sales despite profits taking a hit
Sector posts 5% annual profit rise, buoyed by foreign exchange gains as interest rate cuts squeeze earnings
Mar 15, 2025
Mar 15, 2025
Sector posts 5% annual profit rise, buoyed by foreign exchange gains as interest rate cuts squeeze earnings
Higher rate limiting country’s ability to strengthen its export competitiveness and compete in global markets
Gold delivered its strongest yearly performance in over 10 years, soaring 26% in 2024 and outpacing stocks, bonds, and commodities
Experts weigh in on Pakistan’s economic revival.
Bank strengthens market position with deposit growth and Islamic branches expansion
The reversal comes despite strong support from remittances