Tag Archives: rate


Inflation tsunami ready SBP increases interest rate 13.25%

Inflation tsunami ready as SBP increases interest rate to 13.25%

07 July, 2019 7:10 pm 7:10 pm

KARACHI (92 News) – The State Bank of Pakistan has increased the interest rate by 100 bps to 13.25 percent for the next two months from July 17. Addressing a press conference on Tuesday, SBP Governor Reza Baqir said that the inflation would further increase this year and the interest rate had been increased due … Read More



Must Watch

Oops, something went wrong.


Sheikh Rasheed, previous, govts, responsible, hike, dollar, rate

Sheikh Rasheed holds previous govts responsible for hike in dollar rate

05 May, 2019 4:02 pm 4:02 pm

LAHORE (92 News) – Railways Minister Sheikh Rasheed has held the previous governments responsible for an increase in the dollar rate. Addressing a press conference in Lahore on Saturday, he said that the dollar’s current situation is due to filth of the previous government. “Prime Minister Imran Khan is de-silting thieves,” he said. He admitted … Read More



Must Watch

Oops, something went wrong.


Nawaz Sharif, concerned, hike, dollar, rate, IMF, bailout package

Nawaz Sharif shows concern over hike in dollar rate after IMF bailout packa...

05 May, 2019 4:02 pm 4:02 pm

LAHORE (92 News) – Former prime minister Nawaz Sharif, who is serving seven-year term in Kot Lakhpat jail, has expressed his concern over an increase in the dollar price after the International Monetary Fund (IMF) bailout package. During a meeting with PML-N leaders on Thursday, he said that the dollar rate should have not been … Read More



Must Watch

Oops, something went wrong.


IMF, US$6.20 billion, bailout, package, Pakistan

Pakistan’s growth rate likely to remain at 2.9% this year: IMF

04 April, 2019 10:14 am 10:14 am

ISLAMABAD (92 News) – The International Monetary Fund (IMF) has expressed its fear that economic conditions of Pakistan may further decline in 2019, resulting in slowdown of economic development and increase in unemployment. According to a report titled ‘World Economic Outlook 2019’ issued by the IMF on Tuesday, economic development would slow down and unemployment … Read More



Must Watch

Oops, something went wrong.


Dollar loses Rs 4 in open market exchange

07 July, 2018 8:35 pm 8:35 pm

KARACHI (92 News) – The rupee has gained against US dollar following the July 25 elections. On Saturday, the Greenback lost Rs 4 in the open market trading. The price of 10 grams of gold declined by Rs 2,850. The currency exchange market seems to have favoured the results of the July 25 general elections. … Read More



Must Watch

Oops, something went wrong.