Pakistan’s current account posted a deficit of $112 million in October 2025, data released by the State Bank of Pakistan (SBP) showed on Monday. The deficit follows a surplus of $83 million recorded in September 2025 and a surplus of $296 million in October 2024. The deficit came on the back of a significantly higher import bill and lower exports during the month. In October 2025, the cou
In a strategic move, Matco Foods Limited, one of Pakistan’s leading rice exporters, has formally transferred its spice and masala packaging segment to its wholly owned subsidiary, Falak Foods (Private) Limited. The listed company informed its stakeholders in a notice to the Pakistan Stock Exchange (PSX) on Monday. “We are pleased to inform you that further to our earlier disclosure dated May
The Pakistan Stock Exchange (PSX) extended gains on Thursday, when the benchmark KSE-100 index surged 2,474 points, or 1.56%, as the passage of 27th Constitutional Amendment and the expected release of International Monetary Fund's (IMF) loan tranche sparked investor interest. Trading remained robust for almost throughout the session, during which the index touched the intra-day high of 160,945
Pakistan's foreign exchange reserves recorded a slight increase during the week ended November 7, 2025, driven by a modest rise of $22 million in the State Bank of Pakistan's (SBP) holdings. According to data released by the central bank on Thursday, the SBP's reserves rose by $22 million to $14.524 billion compared to $14.502 billion in the previous week. Meanwhile, net foreign reserves hel
Federal Minister for Board of Investment (BOI) Qaiser Ahmed Sheikh held a meeting with a delegation from Nova Minerals Ltd, a US-based mining exploration and development company listed on the ASX and NASDAQ, focusing on gold, antimony, and rare earth minerals. During the meeting, Sheikh highlighted Pakistan's vast and largely untapped potential in the minerals and mining sector, emphasising tha