BOJ tweak stirs yen volatility; dollar down after US data NEW YORK: The yen whipsawed in its most volatile trading session in months on Friday after the Bank of Japan made ... Published 31 Jul, 2023 06:43am
Opinion ‘Interest hammer’ This is apropos a Business Recorder front page photograph titled “Interest hammer’ carried by the newspaper... Published 29 Jul, 2023 05:28am
Business & Finance BOJ to discuss allowing long-term rates to rise above 0.5% cap: Nikkei TOKYO: The Bank of Japan will discuss allowing long-term interest rates to rise above its 0.5% cap by a certain... Published 27 Jul, 2023 10:54pm
Business & Finance ECB cuts rates paid to banks on minimum reserves FRANKFURT: The European Central Bank cut the interest rate it pays to banks on their minimum reserves to zero,... Published 27 Jul, 2023 06:18pm
Business & Finance ECB raises rates to 23-year high; keeps options open for September FRANKFURT: The European Central Bank raised interest rates for the ninth consecutive time on Thursday and kept the... Published 27 Jul, 2023 06:04pm
Markets Back-to-back gains: rupee settles at 286.45 against US dollar Currency appreciates 0.21% in inter-bank market Updated 27 Jul, 2023 08:56pm
Markets Fed raises interest rates, leaves door open to another increase WASHINGTON: The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still... Published 26 Jul, 2023 11:36pm
Pakistan IMF urges Pakistan to continue monetary policy tightening cycle Tightening cycle should continue if needed to reduce inflation and facilitate external rebalancing, says staff report Published 18 Jul, 2023 10:56pm
Print CCP urges SBP to enable SMEs to avail lower interest rates ISLAMABAD: The Competition Commission of Pakistan (CCP) has asked the State Bank of Pakistan (SBP) to make it easier... Updated 16 Jul, 2023 09:21am
Opinion TERF: We’re always on home turf when it comes to criticism! TERF (temporary economic refinance facility) was a hot topic last week. The scheme was offered at the time of Covid... Updated 10 Jul, 2023 07:32am
Pakistan IMF’s Executive Board meeting on Pakistan set for July 12 The Fund is set to discuss a nine-month stand-by arrangement for Pakistan as the previous Extended Fund Facility expired on June 30 Updated 06 Jul, 2023 09:55am
Print IMF deal to support macroeconomic stability: Moody’s ISLAMABAD: Moody’s Investors Service (Moody’s) Monday said that Pakistan’s new deal with the International Monetary... Updated 04 Jul, 2023 09:06am
Business & Finance Business community leader assails hike in interest rates KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 02 Jul, 2023 03:13am
World Brazil's Lula says inflation targets too 'rigid' SAO PAULO: Brazilian President Luiz Inacio Lula da Silva said on Thursday the country's inflation targets were... Published 29 Jun, 2023 06:47pm
Business & Finance BIS warns world economy at critical juncture in inflation fight LONDON: The world’s central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for... Published 26 Jun, 2023 06:38am
Business & Finance ECB hikes rates to 22-year high and says not done yet FRANKFURT: The European Central Bank hiked interest rates to a 22-year high Thursday and said another increase in... Updated 15 Jun, 2023 07:55pm
Business & Finance Fed leaves rates steady, sees two small hikes by end of 2023 WASHINGTON: The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections... Published 15 Jun, 2023 06:03am
World Erdogan hints at rate hike after election victory ISTANBUL: Turkish President Recep Tayyip Erdogan signalled Wednesday that he would let his new economic team hike... Published 14 Jun, 2023 05:12pm
Editorials Interest rates: the policy debate EDITORIAL: The Monetary Policy Committee’s (MPC) decision to keep the policy rate unchanged at 21 percent came as... Published 14 Jun, 2023 06:21am
World Fed seen holding rates steady this week after inflation data Federal Reserve policymakers are seen as far more likely to skip raising interest rates this week after government... Published 13 Jun, 2023 07:41pm
Business & Finance SBP leaves policy rate unchanged KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate... Updated 13 Jun, 2023 12:26pm
Markets SBP keeps key interest rate unchanged at 21% Monetary Policy Committee views inflation to have peaked in May and, barring any foreseen developments, expects it to start falling from June onwards Updated 12 Jun, 2023 06:19pm
Markets Several Chinese lenders cut yuan deposit rates from Monday BEIJING: Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following... Published 12 Jun, 2023 10:46am
Opinion Budget: Will money come as budgeted? The key question from an economic perspective is not whether the budget 2023-24 is pro-poor, pro-business,... Updated 12 Jun, 2023 07:06am
Business & Finance Swiss National Bank Chairman hints at rate rises to tackle inflation ZURICH: The Swiss National Bank could raise interest rates to tackle inflation which remains above target, Chairman... Published 10 Jun, 2023 10:58am
Opinion Climate change, debt, and inflation “If you’ve been feeling confused and as though everything is impacting on you all at the same time, this is not ... Updated 09 Jun, 2023 07:10am
Print Policy rate hike couldn’t arrest inflation rise ISLAMABAD: The government has acknowledged that increasing the policy rate by the State Bank of Pakistan (SBP) has... Updated 09 Jun, 2023 09:02am
Print SBP to leave 21pc policy rate unchanged amid high inflation KARACHI: Central bank is widely expected to keep its key interest rate unchanged at 21% on Monday after aggressive... Updated 09 Jun, 2023 09:01am
Opinion Budget strategy for FY2023-24 The budget for 2023-24 will be presented by the federal government in the Parliament in the next few days. There has... Published 06 Jun, 2023 05:33am
Opinion Economy: don’t fear when surgery is imminent It has once again become crystal clear who really holds the reins of power in the political arena. The only way... Updated 05 Jun, 2023 11:02am
