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Fitch highlights Pakistan's economic gains, calls for continued reforms
Lower policy rates and increased foreign reserves among key improvements cited by Fitch
Feb 07, 2025
Feb 07, 2025
Lower policy rates and increased foreign reserves among key improvements cited by Fitch
Qatar's price agreement is more expensive, while Azerbaijan's contract is on a take-and-pay basis, allowing flexibility: minister
Global lender warns countries against unilateral measures such as tariffs as it would dampen growth
Country’s total liquid reserves reach $16.04 billion
Country's economy expanded 0.1% in November after shrinking by 0.1% in October
Contributors to market decline include Engro Holdings, Fauji Fertilizer, and Pakistan Petroleum
Company expands Sona Centers to enhance direct-to-farmer network and prices
Honda sounded out Nissan about becoming subsidiary, Nissan rejected proposal, according to source
Regulatory authority imposes fine of PKR 10 million each on four distribution companies
Analysts say the move was aimed at stabilizing the PKR, boosting foreign reserves, and making timely debt repayments
Central banks boost gold prices as safe-haven asset demand soars
Sharing the milestone on social media platform X, Sheikh Mohammed called it a “historic achievement” and credited UAE President His Highness Sheikh Mohammed bin Zayed for strengthening economic ties worldwide.
Central banks buy 1,000 tons of gold for third consecutive year
China holds around $816 billion worth of US treasury bills while Canada has around $336 billion
Gold prices surged to an all-time high after gaining nearly 1% in the previous session
Project to attract $200 million in foreign investment
BFAL plans to raise PKR 880.5 million to increase production by 70%
Abu Dhabi has emerged as a global leader in IVF treatment, achieving a success rate of over 51%, one of the highest worldwide.
Gold hits a fresh peak of $2,853.82 as investors rush into the safe-haven metal
IMF urges parties to resolve differences, enable global trade