Bank of Canada surprises with 50 bps hike, says slight recession possible
Ottawa October 26 2022: The Bank of Canada announced a smaller-than-expected interest rate hike on Wednesday and made clear more ...
PSX
Currencies
Tag: Interest rate
US Mortgage Rates Rise for Seventh Week to Highest in 16 Years
New York October 5 2022: US mortgage rates jumped to a 16-year high of 6.75%, marking the seventh-straight weekly increase ...
Turkish cenbank stuns markets again with 100 basis-point rate cut, lira hits new low
Istanbul September 22 2022: Turkey's central bank delivered another surprise 100 basis-point rate cut on Thursday, sending the lira tumbling ...
Pakistan Auto Sales Drop 58% in July 2022 as Prices Mount
Karachi August 14 2022: As per the latest data shared by Pakistan Automotive Manufacturers Association (PAMA), auto sales decreased by ...
Ukraine lifts interest rate to highest in Europe
Kyiv June 6 2022: Ukraine's central bank has more than doubled its interest rate to 25% to the highest level ...
BoE flags risk of recession and 10% inflation as it raises rates again
London May 5 2022: The Bank of England sent a stark warning that Britain risks a double-whammy of a recession ...
Pakistan Central Bank raise interest rates by 250 basis points in an emergency meeting
Karachi April 7 2022: In an emergency meeting today, MPC decided to raise policy rate by 250bps to 12.25 percent. ...
China Cuts Interest Rate as Growth Risks Worsen With Omicron
China’s central bank cut its key interest rate for the first time in almost two years to help bolster an ...
BOE Shocks With First Rate Hike Since Crisis to Combat Inflation
London December 16 2021: Bank of England policymakers have voted to raise interest rates to 0.25% from the record low ...
Popular News
-
President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively
-
Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date
-
Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar
-
Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation
-
Pakistan Rupee Fall for the Straight Second Day Against Dollar on Opening of LCs
