KARACHI, Aug 4 - The Pakistani rupee will probably fall by another 2 to 3 percent this year due to increased dollar demand from oil imports and the central bank's commitment to pursue a flexible...
* Lowest offer at $472.72/T for Pakistani rice * Cheapest Thai rice offer at $486.28/T, lower than Vietnam's * Manila may import 200,000-300,000 T more this yr-traders (Recasts, adds expectations for more imports) MANILA, July...
ISLAMABAD, June 11 - Pakistan's gross domestic product (GDP) growth is expected to fall to about 2 percent in the current fiscal year to June, due in part to contraction in manufacturing, a Finance Ministry...
ISLAMABAD, June 10 - Pakistan's trade deficit narrowed to $1.06 billion in May, compared with $1.96 billion in May last year, the Federal Bureau of Statistic said on Wednesday. Exports stood at $1.49 billion in...
ISLAMABAD, June 5 - Pakistan's prime minister urged the United States on Friday to write-off the country's debt, saying the war against Islamist militants and the displacement of tens of thousands of people had compounded...
May 20 - A Pakistani military offensive against aliban militants in their Swat valley bastion has forced about 1.5 million people from their homes, the government and the United Nations say. A failure to respond...
The federal minister for textile industry has said that the textile industry is backbone of the country and our economy is dependent on this sector as it is providing four million jobs.
KARACHI, April 20 - Pakistan's central bank cut on Monday its discount rate, the key policy rate, by 100 basis points to 14 percent for the rest of the fiscal year ending on June 30,...
Basic textile mills, flooded with export orders due to the global textile industry realignment, have been unable to cash in on the opportunity as gas load-shedding continues in Punjab and NWFP despite a significant increase in temperature.
Last night in New York futures market, March 2009 closed at 49.98 with a gain of 12 points while the volume traded was 10563 contracts and the May 2009 closed at 50.61 with a gain of 18 points and the trading volume was 8191, while July 2009 was closed at 51.94 with a gain of 40 points and the trading volume was 2062 contracts. The Cot Look A index declared settled at 57.75 with no changes today.