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OGRA Sent Summary of upto Rs 33 per liter Reduction in Petroleum Prices
Islamabad July 13 2022: Oil And Gas Regulatory Authority (OGRA) has sent a summary of reduction in prices of petroleum...
Bank of Canada surprises with 100-bp rate hike as inflation risks gather steam
Ottawa July 13 2022: The Bank of Canada surprised on Wednesday with a full-percentage-point increase to its policy rate, a...
Govt raises PKR 506 billion through T-bills at historic high rates
Karachi July 13 2022: On July 13, 2022, SBP raised PKR 506 billion through the auction of market treasury bills,...
Turkey Gets Landmark $929 Million Deutsche Bank Loan to Buy LNG
Istanbul July 13 2022: Turkey’s state gas company got a 925 million-euro ($929 million) loan from Deutsche Bank AG to...
Pakistan Lending Benchmark Reaches All Time High
Karachi July 13 2022: Pakistan lending benchmark, 6-Month KIBOR, reaches an all time high of 15.87 percent on 13th July...
US Inflation Quickens to 9.1%, Amping Up Fed Pressure to Go Big
Washington DC July 13 2022: U.S. consumer prices accelerated in June as gasoline and food costs remained elevated, resulting in...
Euro Slides to Parity With Dollar for First Time in Two Decades
London July 13 2022: One euro is now worth the same as a single US dollar for the first time...
Pakistan Reaches Agreement With IMF to Resume Loan: Bloomberg
Islamabad July 13 2022: Pakistan has reached a staff-level agreement with the International Monetary Fund to resume its loan program,...
UK Trade Deficit Rises for Fourth Month With Slowdown in Exports
London July 13 2022: Britain’s trade deficit widened for a fourth month in May as growth in exports of goods...
Ghana Inflation Surges to 19-Year High on Transport Costs
Accra July 13 2022: Ghana’s inflation rate jumped to the highest level in almost 19 years as transport costs surged....
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