SBP cuts key rate by 150bps to 20.5% as inflation cools off M Haris
State Bank of Pakistan building in Karachi. — APP/file Decision to cut key rate to 20.5% comes days ahead of budget FY25. Decline in inflation...
Brandon Timinsky resigns as SadaPay CEO after Papra acquisition M Haris
SadaPay CEO Brandon Timinsky has resigned from his position, a little over a week after Turkish neobank Papara announced that it had acquired SadaPay. In...
SBP cuts key interest rate by 150 basis points M Haris
The State Bank of Pakistan (SBP) on Monday announced a reduction in its key interest rate by 150 basis points, bringing it down to 20.5%....
Euro hits nearly two-year low against pound in EU election aftermath M Haris
A woman holds Euro banknotes in this illustration taken May 30, 2022. — Reuters The euro witnessed a significant decrease in value amidst political uncertainty...
Govt institutions owe IESCO billions M Haris
ISLAMABAD: The Islamabad Electric Supply Company (IESCO) has issued an urgent call for action to defaulting government institutions, and demanded the payment of their outstanding...