The Pakistani rupee registered marginal gain against the US dollar in the inter-bank market on Wednesday. At close, the local currency settled at 279.51, registering a gain of Re0.01 against the greenback. On Tuesday, the local currency closed at 279.52, against the dollar, according to the State Bank of Pakistan (SBP). Additionally, an International Monetary Fund (IMF) staff mission will
National Bank of Pakistan (NBP) has declared highest-ever net profit of Rs 85.9 billion with a record 350 percent final cash dividend for the year 2025. The Board of Directors of NBP yesterday approved the audited annual financial statements for the year ended December 31, 2025. Amid strong macro recovery, NBP delivered an exceptional year of financial performance in 2025 as it reported its hig
Asian stocks advanced on Thursday after upbeat earnings from Nvidia soothed concerns over AI-driven disruption and rising costs, while the yen was in the doldrums, bogged down by a murky rate outlook in Japan. Lingering worries about escalating geopolitical tensions between the U.S. and Iran meanwhile kept oil prices elevated, ahead of a third round of talks between the two countries later on T
Copper eased on Thursday after touching a two-week high in the previous session, with a lack of fresh catalysts and concerns over rising inventories keeping the red metal range-bound. The most-traded copper contract on the Shanghai Futures Exchange dipped 0.02% to 102,100 yuan ($14,924.06) a metric ton as of 0330 GMT. The benchmark three-month copper on the London Metal Exchange, meanwhile,
The Country Director of the World Bank for Pakistan, Bolormaa Amgaabazar, called on the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, at the Finance Division Wednesday. The meeting focused on strengthening cooperation under the World Bank’s Country Partnership Framework (CPF) and advancing key reform priorities of the government of Pakistan. Discussions covered broad are