Economy Watch Archives - Pakistan Observer

Pakistan, China sign accord to build $3.48b nuclear power plant at Chashma

By News desk June 20, 2023

ISLAMABAD – Pakistan and China signed a memorandum of understanding (MoU) in Islamabad on Tuesday relating to the construction of…

UK’s Developing Countries Trading Scheme to boost trade with Pakistan

By News desk June 20, 2023

The United Kingdom’s new Developing Countries Trading Scheme (DCTS) has now entered into effect, offering Pakistan and 64 other countries…

Pakistani rupee falls to all-time low of 188.66 against dollar

By Web Desk Staff May 10, 2022

Karachi: The Pakistani rupee fell to its all-time low of 188.66 compared to the US dollar after further depreciating by…

China’s exports in April shrink due to COVID restrictions

By Web Desk Staff May 9, 2022

Beijing: China’s export growth slowed to single digits in April, while imports were unchanged as stricter and wider COVID-19 restrictions…

Federal Shariat Court declares interest-based banking system contrary to Sharia

By Web Desk Staff April 28, 2022

Islamabad: In a major development, the Federal Shariat Court (FSC), on Thursday, declared the interest-based banking system running in the…

Pakistani Rupee gains momentum after SC verdict

By Web Desk Staff April 8, 2022

Islamabad: Following the verdict of the supreme court to restore the national assembly on Thursday, the Pakistani Rupee started gaining…

State Bank of Pakistan announces new monetary policy; increase interest rate by 2.5%

By Web Desk Staff April 7, 2022

Karachi: In a major development, the State Bank of Pakistan set the monetary policy at 12.25% as the Monetary Policy…

Rupee depreciates to historic low; dollar crosses 188 mark

By Web Desk Staff April 7, 2022

Islamabad: Amid the political crises in the country, the Pakistani Rupee fell to a historic low, as it was started…

Putin plans to bill gas export in Rubles

By Web Desk Staff March 26, 2022

Moscow: Russia has come up with an interesting trick to counter the severity of sanctions imposed by the west, as…

Danger to petrodollar hegemony? Saudi Arabia ponders selling oil to China in Yuan, report says

By Web Desk Staff March 16, 2022

Islamabad: The petrodollar hegemony might be in danger as the top oil producer in the world is reportedly considering selling…

IMF likely to approve $1.1 billion tranche for Pakistan today

‘Pakistan’s foreign reserves to hover between $9b to $10b at end of FY2024’

Deepfakes are a threat not only to businesses, but also to individual users

Oman Housing Bank Selects Temenos for Core Banking Modernization in the Cloud

Registered foreign trade companies in Xizang exceed 1,000

TRENDING

Islamabad, Rawalpindi, Pakistan weather update; rains expected

Expected Petrol Rates in Pakistan from December 1 after new tax proposal

Lahore, Punjab weather update; light rain/drizzle likely

SBP issues Rs55 commemorative coin on Baba Guru Nanak’s birth anniversary

Solar surge costs Rs200 billion to grid-dependent consumers

Economy Watch

Pakistan, China sign accord to build $3.48b nuclear power plant at Chashma

UK’s Developing Countries Trading Scheme to boost trade with Pakistan

Pakistani rupee falls to all-time low of 188.66 against dollar

China’s exports in April shrink due to COVID restrictions

Federal Shariat Court declares interest-based banking system contrary to Sharia

Pakistani Rupee gains momentum after SC verdict

State Bank of Pakistan announces new monetary policy; increase interest rate by 2.5%

Rupee depreciates to historic low; dollar crosses 188 mark

Putin plans to bill gas export in Rubles

Danger to petrodollar hegemony? Saudi Arabia ponders selling oil to China in Yuan, report says

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