Tag: Rate

KSE after the SBP rate cut

It may have, as so many economic experts both of the veteran and whiz kid variety claim, an adverse impact on the economy overall...

Auto exporters appreciate role of PM for rate cut

Pakistan Auto Parts Manufacturers and Exporters Association, while terming the 1.5 per cent cut in markup rate, thanked the Prime Minister Syed Yousaf Raza...

Chairman APTMA welcomes reduction in bank mark up rate

Central Chairman All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has welcomed the reduction in bank markup rate by 150 basis points to 12...

Drastic cut in policy rate vital for economy: LCCI

The Lahore Chamber of Commerce and Industry Friday said that 250 to 300 basis point cut in policy rate is direly needed to jumpstart...

The exchange rate examined

Amidst the revelation of the true face of the global crisis, soaring apprehensions on the ground are rooted in finding out what one’s deemed...

Yield curve trading below policy rate

Since the last easing of the policy rate by 50bps to 13.5 per cent, the bond market has witnessed a bullish trend and the...

Cellular companies hurt by rupee-dollar exchange rate

As the Pakistani rupee fell to a fresh record low against the US dollar in the recent days, cellular companies are among the most...

SBP rate cut encourages markets, investors

State Bank of Pakistan’s surprise decision of reducing benchmark interest rates to 13.5 per cent from 14 per cent would bode well for many...

SBP goes easy on lending, slashes policy rate to 13.5%

Easing grip on its long prevalent tight monetary policy, the State Bank of Pakistan (SBP) on Saturday decided to reduce the policy rate by...

SBP reduces policy rate by 50 bps to 13.5%

The State Bank of Pakistan (SBP) has decided to reduce its policy rate by 50 basis points to 13.5 percent with effect from August...

Sugar mills unlikely to sell on rate fixed by govt

ECC attempts to control sugar prices: Despite plentiful stock of sugar in the country, its price remains high due to negligence of the government...

Strengthening healthcare system vital to reducing mortality rate’

Health Secretary Jehanzeb Khan said that strengthening the primary and secondary healthcare system was vital to minimizing the mortality rate especially in cases of...

Exchange rate may dip slightly in FY12

The Pakistani rupee has somewhat remained stable against the US dollar, depreciating by a mere 2.4 percent on a year-on-year basis, in the period...

Britain has higher rate of self-made rich than US

Britain’s billionaires are more likely than their US counterparts to have made their own money rather than inherited it, a study has found, challenging...

Same rate

The central bank is rather clear in its stance on the discount rate: they won’t lower it till there is a significant reduction in...

WFP says migration causing increase in school dropout rate

KARACHI - The World Food Programme (WFP) has said that the migration of people from the arid zone areas of the province due to drought has forced their children to leave schools where they were enrolled. The project director of the WFP's Assistance to Girls Primary Education in Sindh (AGPES), Dr Shamaroza has informed Sindh Chief Minister Qaim Ali Shah in a report that students in the arid zone areas are not dropping out of schools due to the closure of the project, but the actual

SHC wants to know if crime rate and pillion riding are linked

KARACHI - The Sindh High Court has ordered the Home Department to submit a comparative chart of crimes committed during the time when pillion riding was banned.
A division bench comprising Justice Faisal Arab and Justice Ghulam Sarwar Korai issued the directives to the Sindh Home Department for submitting the chart within two weeks.
The bench was hearing a petition filed by Deedar Ali Chandio Advocate, pleading to exempt lawyers from the pillion riding ban.
Arguing on