State Bank of Pakistan (SBP) Governor Jameel Ahmad has expressed optimism about the country’s economic outlook, attributing the positive shift to effective measures implemented by the government and central bank. His message, delivered by Executive Director Muhammad Haroon Rasheed during Independence Day celebrations at the SBP, outlined significant improvements in macroeconomic indicators. Decline in Inflation and Reduction in Current Account …
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PSX Ends Week with Minor Gains Amidst Volatility
The Pakistan Stock Exchange (PSX) experienced notable volatility in the past week, with the KSE-100 index fluctuating between red and green zones before closing with a modest gain of nearly 200 points. This oscillation in the market was primarily driven by mixed investor sentiment influenced by political uncertainty, policy rate adjustments, global rating decisions, and improving economic indicators. A key …
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